$4,500,000 Active
299 Five Creek Road
Gardnerville, NV 89460
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
4 Beds
·
3.5 Baths
·
3,867 Sq Ft

About This Property

There is a distinct moment, just as the road begins to wind into the foothills of the Eastern Sierra, where the rush of the world simply fades away. Here, set privately among the pines within the gated community of Jobs Peak Ranch, lies a newly completed 2025 mountain residence that offers refined new construction on 6.23-acres in one of Carson Valley's most scenic settings. Designed for timeless elegance and ease of living, the home captures sweeping unobstructed views of the Carson Valley & Sierra Nevada range, anchored by Jobs Peak and a year-round creek. The architecture is mountain modern in its clarity, yet rooted in an enduring tradition. Earthy tones, warm wood, and custom craftsman detailing give the home an organic warmth that feels both elevated and inviting. Every material choice is intentional: Montana Ledge Stone at the fireplaces and exterior wainscot, wide-plank white oak floors, and wood-framed picture casement window - culminating in a definitive forever home. Though the residence spans two levels, it was thoughtfully designed for single-level living. The main level draws the eye outward through generous glass, capturing 360-degree views from the vaulted great room, dining area, and kitchen. A wood-burning fireplace creates a natural gathering point for conversation and the slow rhythm of mountain life. While the kitchen is undeniably a design showpiece, it was intentionally crafted as a welcoming hub. A generous oak island naturally invites guests to linger while dinner is prepared, while a cozy breakfast nook offers the perfect vantage point for a quiet morning coffee. Tempest Blue quartzite countertops bring depth and movement to the workspace, beautifully balanced by custom inset cabinetry, refined lighting by Hubbardton Forge, and tactile Rocky Mountain Hardware chosen for its artisan beauty. The primary suite serves as a serene sanctuary with a private deck perfectly positioned to capture the morning light and sweeping valley views. For family and guests, the walk-out lower level features a secondary living room anchored by a cozy gas fireplace and two guest suites—each complete with an en-suite bath and direct access to the pristine Nevada landscape. Outside, an expansive wrap-around deck with a sleek, stainless-steel cable rail system extends the living space for al fresco entertaining. Here, you can sit and listen to the gentle murmur of the year-round creek and take in the majestic views. Embracing the natural environment, the grounds feature curated, deer-resistant landscaping filled with native, water-wise plants that thrive effortlessly in this mountain setting. Crafted by a master builder with over 45 years of luxury experience across Lake Tahoe & the Carson Valley, the property reflects a profound understanding of premium mountain construction. Every element speaks to longevity and efficiency—from fire-retardant exterior materials, a 50-year Class A roof, and a fire suppression system, to radon mitigation, redundant heating with in-floor radiant heat and dual forced-air conditioning. Fully pre-wired for advanced AV and security, the home allows an owner to effortlessly lock, leave, and travel with total peace of mind. As a final nod to the mountain lifestyle, the property features a finished three-car garage with a dedicated RV bay, perfectly suited for four-season adventurers. Complete with curated decor and high-end furnishings, the estate stands entirely move-in ready. Located just minutes from the pristine shores of Lake Tahoe, this Jobs Peak Ranch offering presents a rare privilege: the opportunity to acquire brand-new, premier construction in a legendary mountain setting.

Listed by Kelly Flaherty — Sierra Sotheby's Int'l. Realty

Listing Details

Status Active
MLS # 260009278
Days on Market 1
Price/Sq Ft $1,164

Property History

Jul 20, 2026
Listed for sale
$4,500,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,867
Lot Size 6.23 acres
Stories 2
Year Built 2025
Property Type Single Family Residence
Subdivision Jobs Peak Ranch
STR Jurisdiction Douglas County
APN 1219-15-002-027
Parking
Garage Spaces 3
Total Parking 6
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Heated Garage, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods, Valley
Construction Insulated Concrete Forms (ICFs), Insulation - Spray Foam, Insulation - Batts, Cedar, Concrete, Fiber Cement, Stone
Roof Asphalt, Composition, Metal, Shingle
Foundation Insulated Foundation, Concrete Perimeter, Crawl Space, Full Perimeter, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Propane, Radiant Floor
Cooling Central Air
Financial
Annual Tax $13,717
HOA Fee $260 / Monthly
HOA / Community Jobs Peak Ranch
Schools
Elementary School Scarselli
Middle School Pau-Wa-Lu
High School Douglas
HOA & Community
Community Amenities Gated
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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% ($900,000)
Home price
$4,500,000
Loan details
30-yr fixed, 6.5%
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