$2,525,000 Active
931 La Rue Avenue
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
4,442 Sq Ft

About This Property

Some homes are renovated. Others are reimagined. Welcome to 931 La Rue Ave, an extraordinary residence in the heart of Newlands Manor where timeless architecture, impeccable craftsmanship, and sophisticated modern luxury exist in perfect harmony. Behind its classic 1946 façade lies a home that has been meticulously transformed into a designer masterpiece, one where every room tells a story of thoughtful intention and uncompromising quality. From the moment you arrive, the home's gracious presence and mature tree-lined setting create an undeniable sense of arrival. Nestled on a coveted corner lot in one of Reno's most distinguished neighborhoods, this is a residence that feels both refined and deeply welcoming. Inside, every surface, texture, and finish has been carefully curated to create an atmosphere of understated elegance. Rich new flooring, bespoke lighting, custom wall coverings, exquisite marble, and designer-selected furnishings blend seamlessly to create interiors that are as timeless as they are inviting. Every detail has been considered. Every finish has been elevated. Nothing has been overlooked. Designed for both intimate family living and effortless entertaining, the heart of the home is a breathtaking chef's kitchen featuring premium appliances, striking marble countertops, an expansive breakfast island, and beautifully connected living spaces that invite conversation and celebration alike. Sunlight pours through the windows into the elegant formal living room, where a marble fireplace serves as the centerpiece and tranquil garden views provide a constant connection to the outdoors. Beyond the formal living room you'll find a versatile sitting room that offers endless possibilities of a sophisticated library, executive office, children's playroom, or peaceful retreat. Ascending the beautifully crafted staircase reveals the home's most captivating sanctuary. The grand primary suite is a private haven of comfort and sophistication, complete with dual spa-inspired bathrooms, separate walk-in closets, and an intimate sitting area or office that offers a quiet escape from the day. Three additional ensuite bedrooms continue the home's exceptional level of finish, appointed with beautifully designed marble bathrooms that provide guests and family members with the comfort and privacy of their own luxury retreat. The finished lower level offers flexibility rarely found in homes of this era, creating the ideal setting with a private fitness room and ballet studio with Sprung floor, both complemented by generous storage. Outside, the enchanting backyard feels like a hidden garden, an intimate setting for candlelit dinners beneath the trees, quiet morning coffee, or evenings spent entertaining under the Nevada sky. Homes of this distinction seldom become available in Newlands Manor. Blending the grace of a cherished historic residence with the sophistication of today's finest interiors, 931 La Rue Ave. is more than a home. It is a legacy property, thoughtfully restored for the next chapter of its story. For those who appreciate exceptional design, enduring craftsmanship, and the rarity of true turnkey luxury, this is an offering that simply cannot be replicated.

Listed by Melissa Dolan — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260010170
Price/Sq Ft $568

Property History

Aug 07, 2026
Listed for sale
$2,525,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,442
Lot Size 0.19 acres
Stories 2
Year Built 1946
Property Type Single Family Residence
Subdivision Newlands Manor
STR Jurisdiction Washoe County
APN 011-281-04
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,322
Schools
Elementary School Beck
Middle School Swope
High School Reno
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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% ($505,000)
Home price
$2,525,000
Loan details
30-yr fixed, 6.5%
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