$3,880,000 Active
455 Mount Mahogany Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
6.0 Baths
·
5,788 Sq Ft

About This Property

This is the opportunity you have been waiting for in St James Village: a ready-to-build HOA approved Tahoe style custom home to be built by one of Tahoe's best luxury General Contractors, who will happily accommodate your preferences on interior amenities and finishes. Get the home you want, without stress or worry, as the Contractor masterfully coordinates all future approvals, inspections, and upgrades. County permit will be pulled and construction started upon executed contract. Make this stunning home your own and live where luxury and nature coexist in this peaceful gated community. Located on the east side of the Sierra Nevada south west of Reno, St James Village is only 20 minutes from Lake Tahoe, Mount Rose Ski Tahoe, or the Reno Tahoe International Airport. Many hiking and biking trails are within the community and many more are nearby. Underground utilities keep the views pristine. Amenities include: mountain, desert and foothill views from a plethora of picture windows; in-floor heating, smart home features, vaulted ceilings; a spacious kitchen with Thermador appliances, granite countertops, large island, and walk-in pantry; formal dining room; breakfast nook; living room with full bar; great room with floor-to-ceiling surround gas log fireplace; generously sized office; large game room; primary bedroom with designer gas log fireplace, two walk-in closets, tub, and a luxurious shower; four additional ensuite bedrooms; enclosed hot tub with window views of Reno's spectacular sunrises; three-car garage; generator, 370 sq ft of deck including 184 sq ft of covered deck; and fully landscaped front and back yards. Artistic 3D renderings do not depict the full landscape finish, but are provided for context.

Listed by Teri Bartl — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 260011209
Days on Market 8
Price/Sq Ft $670

Property History

Aug 29, 2026
Listed for sale
$3,880,000
Property Overview
Beds 5
Baths 6.0
Sq. Ft. 5,788
Lot Size 1.04 acres
Stories 2
Year Built 2027
Property Type Single Family Residence
Subdivision St James'S Village Unit 2D
STR Jurisdiction Washoe County
APN 156-084-18
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s), Trees/Woods
Construction Cedar, Stone
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Radiant Floor
Cooling Central Air
Financial
Annual Tax $1,148
HOA Fee $370 / Monthly
HOA / Community St James Homeowners Association
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Landscaping
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($776,000)
Home price
$3,880,000
Loan details
30-yr fixed, 6.5%
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