$1,525,000 Active
8580 Gypsy Hill Trail
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
3,267 Sq Ft

About This Property

Stunning views accompany this beautiful Somersett home, located in the coveted Versante Ventana gated community overlooking the Sierra Nevada Mountains and valley below. Walk up to the property and find a quaint courtyard that welcomes you in. Kitchen was fully remodeled in 2024 to have beautiful white quartz countertops with backsplash, new appliances and custom soft close cabinetry. New luxury vinyl plank floors were put in at this time, along with fully renovating the hall bathroom, half bath, and laundry room. The great room has a new Sonos Surround Sound System, and both the primary and great room both have programable electric shades, easily controlled via remote or phone, to ensure you never miss enjoying the beautiful views at your favorite hour.

Listed by Holly Hind — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260009157
Price/Sq Ft $467

Property History

Jul 17, 2026
Listed for sale
$1,525,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,267
Lot Size 0.38 acres
Stories 1
Year Built 2013
Property Type Single Family Residence
Subdivision 2E @ Somersett Amended
STR Jurisdiction Washoe County
APN 232-633-06
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s), Trees/Woods, Valley
Construction Stone, Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $8,462
HOA Fee $265 / Monthly
HOA / Community Somersett HOA
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Fitness Center, Golf Course, Pool, Recreation Room, Sauna, Spa/Hot Tub, Tennis Court(s)
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($305,000)
Home price
$1,525,000
Loan details
30-yr fixed, 6.5%
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