$1,279,500 Active
61 Caballada Street
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,791 Sq Ft

About This Property

Experience refined, lock-and-leave living in this exceptional corner Paseo Villa, ideally positioned to capture inviting Paseo views and the vibrant Rancharrah lifestyle. This highly upgraded single-level residence is designed for effortless entertaining and sophisticated everyday living, with an open-concept great room and chef-inspired kitchen at its center. Dramatic 10-foot ceilings, imperfect-smooth drywall, two-tone paint, a statement fireplace, Hunter Douglas motorized window coverings, ceiling fans, and a custom primary-suite media built-in create a polished, elevated atmosphere throughout. The kitchen is beautifully appointed with Thermador appliances, an oversized energy-efficient refrigerator and freezer, Wi-Fi-enabled wine refrigerator, white solid-wood soft-close cabinetry, under-cabinet lighting, quartz countertops, full-height backsplash, designer island pendants, and Kohler Purist matte-black fixtures. Two spacious primary suites each offer double vanities and walk-in closets, while the main primary bath provides a spa-inspired retreat with a Kohler cast-iron freestanding soaking tub and a tiled walk-in shower with linear drain. Additional details include full-tile backsplashes in the guest and powder baths, an epoxy-finished garage floor, and a private patio—an ideal place to enjoy coffee, wine, and Reno's fresh mountain air. Just steps away, The Club at Rancharrah serves as an extension of your residence, offering members access to Nineteen 57 Restaurant and Bar, a resort-style pool and spa, fitness center, nail salon, pickleball and bocce courts, curated social events, and off-site access to three nearby Duncan-designed championship golf courses. Ideally situated for both travel and recreation, this home is approximately 10 minutes from Reno-Tahoe International Airport, about 25 minutes from Mt. Rose Ski Tahoe for skiing, hiking, mountain biking, and year-round alpine adventure, and approximately 35 minutes from the shores of Lake Tahoe. With The Village at Rancharrah's restaurants, boutiques, and gathering spaces close by, this residence offers an exceptional opportunity to enjoy one of Reno's most coveted luxury communities; Club membership is required for all homeowners.

Listed by Eric Gonzales — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260011953
Days on Market 4
Price/Sq Ft $714

Property History

Sep 16, 2026
Listed for sale
$1,279,500
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,791
Lot Size 0.05 acres
Stories 1
Year Built 2023
Property Type Single Family Residence
Subdivision Rancharrah Village 4
STR Jurisdiction Washoe County
APN 226-162-09
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Corner Lot, Landscaped, Level, Sprinklers In Front
View Park/Greenbelt
Construction Frame, Stone Veneer
Roof Metal, Pitched
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $7,226
HOA Fee $220 / Monthly
HOA / Community Rancharrah Community Association
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Sauna, 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% ($255,900)
Home price
$1,279,500
Loan details
30-yr fixed, 6.5%
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