My Most Recent Sales in the Reno Nevada Luxury Market

Luxury sales have increase immensely in the past few weeks. Why? It is a well-known fact that affluent people spend their money on traveling and dinning, and as a result of Covid, this is not the case; instead, many are looking to purchase a second home.  Additionally, many are fleeing urban areas such as the Bay Area to find new residence in smaller, more comfortable areas like Reno.  The criteria they are looking for are amenities: Pools, tennis courts, home offices, outdoor space and larger square footage in their homes. With low interest rates, this is all extremely attractive, however low inventory has caused the market to explode. Foreign investment in the USA is increasing as well, with China being the number one foreign investor, followed by, Canada, Mexico, India and Columbia. 74 billion dollars was spent from March 2019 to March 2020 on foreign real estate purchases.  An interesting fact is that RV sales have increased as well, with a 91% increase since the shutdown.

My Recent Sales

4259 Plateau Rd., Reno, Nevada (Caughlin Ranch)      Sold for $1,700,000  (PICTURED ABOVE)

This property offering was not just a home but a lifestyle. With masterfully accomplished construction, spectacular city skyline views, privacy and security behind the iron gates, this estate offered it all. Secluded on 2.46 artfully landscaped acres, the main home consists of 4 bedrooms, 4-1/2 baths, superbly designed for a smart, flowing floor plan with generously sized rooms, high ceilings and many custom enhancements. The guest home has a kitchen, family room with fireplace, 2 bedrooms, 2 baths. For those who love to entertain, want perfect accommodations for the whole family and have great indoor/outdoor recreation, this home is a dream come true. Besides the media room and separate family room with kitchen access, there is a massive lodge-style gathering room with linear fireplace and wet bar, for a variety of happy occasions. From there a secret loft/observatory and outdoor star-gazing tower offer spectacular sky viewing in Reno’s clean, crisp air. The luxurious elevator provides extra convenience for a home of this scope. Traverse the grounds via walkways from the main or guest home to discover a 40’ x 20’ swimming pool and cabana pool house, a hot tub, built-in barbeque and even a batting cage set up for the sports enthusiasts! There is so much more to this home and property that it truly has to be seen to be appreciated.  (square footage of 8,434 includes main house of 7,130 sq. ft. plus guest house of 1,304 sq. ft. per assessor).

THIS HOME IS coming back on the market soon. PLEASE CONTACT ME IF YOU ARE INTERESTED. 775-750-1901

16925 Delacroix Reno, Nevada  (Montreux)                                 Sold for $1,350,000

The fantastic single-story Montreux home offered the ultimate floor plan – a luxurious Master Suite on one end and a Bonus Room bookended by 2 Bedroom Suites on the other. Upscale finishes include gorgeous Brazilian Cherry hardwood floors, Monogram and KitchenAid appliances, & quality window shutters throughout. Mature foliage, large paver patio, waterfall feature and unique rock firepit. Private front courtyard. 3-car heated garage w/ epoxy floors. Elegant architecture with arched hallways. Plentiful windows providing tons of natural sunlight. Other rooms include Study/Den, spacious Laundry Room and Mud Room area. Butler’s Pantry perfect for Dry Bar or extra Kitchen storage. Dual walk-in closets in Master. Audio/Speakers inside and out. Access the delightful backyard from the Master, Living/Dining and Great Room. Beautifully maintained. Located in Northern Nevada’s premier gated Montreux Golf & Country Club community.

10058 Via Solana, Reno, Nevada (ArrowCreek)              Sold $1,250,000

Stunning valley and golf course views from this lovely Arrowcreek estate home. This property featured a large open floor plan with a big center island, butler’s pantry and built-in bar. Seller was willing to paint the kitchen and install a new range cooktop. The luxurious master suite is on the main floor and there is an additional bedroom/bath on the main level as well as a separate Casita, perfect for company, a home office or gym. There are three additional bedrooms and 3 full baths upstairs. HOA Amenities include pool, gym, tennis, walking paths, hot tubs and clubhouse. Golf and social memberships available at the Club at Arrow Creek

Joy Lake Road Reno, Nevada (Galena Forest Estates)         Sold for $630,000

Beautiful home in Galena Forest Estates located 15 min from the Reno/Tahoe International Airport, 10 min to Mount Rose Ski Resort and 25 min to the beaches of Lake Tahoe. Nestled in the pine trees this Single-story home had 3 bedrooms and 2 1/2 baths. The home was totally updated with new flooring, tile and appliances.

As a reminder, I’m available by phone or email anytime to discuss your home needs.  Whether you are looking to sell, upgrade your home or buy your first dream house, please contact me directly with any questions:  702-750-1901.