$1,150,000 Active
1551 Elk Run 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
·
3,352 Sq Ft
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About This Property

Located in a gated section of Somersett, this 3,352-square-foot Reno home offers 4 bedrooms, 3.5 bathrooms, a dedicated office, upstairs loft, 3-car tandem garage, and fully paid-off solar. Amazing mountain views from upstairs rooms. The floor plan includes a main-level primary suite, separate dining room, spacious great room with electric fireplace, and flexible upstairs living space. Large clerestory windows bathe the home in abundant natural light. Corner lot leaves home open in multiple directions. Built by a local builder with a lot of attention to detail. The kitchen features a large center island with a beautiful Fantasy Brown dolomite marble slab (natural stone); surrounding quartz counters; Thermador appliance package; six-burner professional-grade Thermador gas cooktop with double oven bays and a griddle; walk-in pantry; beverage refrigerator and wine bar/coffee station; and extensive soft-close, dovetail cabinetry. The primary suite includes a coffered ceiling, dual-sink vanity, freestanding soaking tub, oversized walk-in shower, and large walk-in closet. Upstairs are three additional bedrooms, including an en-suite bedroom and two bedrooms connected by a Jack-and-Jill bathroom, plus a loft/family room. Additional features include a dedicated laundry room with cabinetry and utility sink; engineered hardwood flooring through much of the main level with wood plank tile flooring in bathrooms; double-pane windows; landscaped front and rear yards; a pleasant stone fountain in backyard; enclosed front courtyard; covered rear patio; paver patios and walkways; mature landscaping; mountain and neighborhood views; and an attached 3-car tandem garage. Fully paid-off solar provides the benefit of an owned solar system with no solar lease or loan to assume. 220-v outlet in garage for car charging. Located within the award-winning Somersett master-planned golf community with access to the 24,000-square-foot Club at Town Center, Canyon Nine par-3 course, and 27 miles of trails; resort-style pools, hot tubs, cabana, fitness studios, tennis and pickleball courts, media room, sports court, massage room, and arts and crafts studio; separate membership available at Somersett Golf and Country Club with 18-hole par-72 championship course; 39 minutes to Truckee, 50 minutes to Lake Tahoe, and 45 minutes to Northstar.

Listed by Kenneth Lund — Ferrari-Lund Real Estate South

Listing Details

Status Active
MLS # 260011730
Days on Market 2
Price/Sq Ft $343

Property History

Sep 11, 2026
Listed for sale
$1,150,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2024 $984,000 Harmony SteingrebeColdwell Banker Realty Kenneth LundFerrari-Lund Real Estate South

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,352
Lot Size 0.19 acres
Stories 2
Year Built 2019
Property Type Single Family Residence
Subdivision Sbe @ Somersett
STR Jurisdiction Washoe County
APN 234-603-19
Parking
Garage Spaces 3
Total Parking 5
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Gentle Sloping, Landscaped, Level, Rolling Slope, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Valley
Construction Insulation - Batts, Insulation - Blown-In, Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Insulated Foundation, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $10,313
HOA Fee $265 / Monthly
HOA / Community Somerset Owners Association
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Barbecue, Clubhouse, Fitness Center, Gated, Golf Course, Landscaping, Management, Pool, Racquetball, Recreation Room, Security, Spa/Hot Tub, Tennis Court(s)
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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% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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