$1,399,000 Active
4665 Alpes Way
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

RARE GOLF COURSE LOT IN MONTREUX! One of only a handful of remaining golf homesites left in the entire community, this generous 1-acre parcel is perfectly primed and prepped for building your own dream home. Bypass the typical design phase delays - this offering includes fully-permitted and approved architectural plans for a modifiable 7,113 SF custom residence (6,186 SF on the main level) plus a showstopper 2,585 SF garage. The homesite has been fully prepared for construction with approved landscaping plans. Select trees have already been removed for the building pad, with many majestic pines still surrounding the property. All utilities are underground. Set on a quiet cul-de-sac with unobstructed views of the 4th fairway of the famed Jack Nicklaus Signature Championship Course, this premium homesite enjoys a private, quiet, forested setting surrounded by natural beauty. One of Northern Nevada's most prestigious 24/7 manned gated golf communities, this centralized location has close access to Montreux's world-class Clubhouse amenities, a short 20-minute drive to the Reno-Tahoe Airport, 15 minutes to Mt. Rose Ski Resort, and just 30 minutes to the shores of beautiful Lake Tahoe. ( Start breaking ground this summer or at your convenience, with no time requirement to build. Exceptional opportunity to customize your own golf course home in Montreux!

Listed by Sullivan Neal Luxury Real Estate — Dickson Realty - Montreux

Listing Details

Status Active
MLS # 260010019

Property History

Aug 04, 2026
Listed for sale
$1,399,000
Property Overview
Lot Size 1.00 acres
Property Type Land
Subdivision Montreux 3 South
STR Jurisdiction Washoe County
APN 148-240-13
Exterior & Lot
Lot Features Cul-De-Sac, Level, On Golf Course, Curbs
View Golf Course, Trees/Woods
Financial
Annual Tax $3,516
HOA Fee $1,600 / Quarterly
HOA / Community Montreux HOA
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
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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% ($279,800)
Home price
$1,399,000
Loan details
30-yr fixed, 6.5%
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