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  • $4,250,000

    500 Mil Drae Ln, Reno, NV 89511

    5beds
    9,030sqft
    Single Family Residence
    Built in 2007
    2.75 Acres Lot
    $5,020,100 Zestimate®
    $471/sqft
    $6,198 Estimated rent

    Home value

    $5,020,100

    $4.52M - $5.67M

    $6,198/mo

    Zestimate® history
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    $6,198/mo

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    $19,526/mo

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    What's special

    Rare opportunity to own one of Reno’s Premier Luxury Estate Properties. Stunning Reno Estate offered for the very first time! 9,030sf Colonial Style Home was quality constructed in 2007, is situated on 2.75 acres located at the end of a private cul de sac in Southwest Suburban Reno, and borders 58-acre pasture, part of Washoe County’s Anderson Regional Park. Located just off Del Monte Lane, this 5-bedroom home enters into a foyer and a grand Great Room/Living room with a large, beautiful crystal chandelier. Spacious kitchen with breakfast nook, counter, and baking nook, with top-of-the-line appliances. Office/Den with find wood finishes, beautiful hardwood floors throughout. 4 bedrooms upstairs, one could be used as another master suite, jack & jill bathroom is shared by 2 others. Large study game room, sitting area and walk out deck. The exterior features a fully vinyl fenced 2.75 acres of lush pasture and lawn, covered and uncovered patio areas. 20x40 inground pool & spa.

    Zillow last checked: 8 hours ago

    Listing updated: May 14, 2025 at 03:30am

    Listed by:

    Kevin Reid B.16236 775-722-0121,

    Capurro & Reid Real Estate,LLC

    Bought with:

    Non MLS Agent

    Non MLS Office

    Source: NNRMLS,MLS#: 220013121MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    • Bathrooms: 8
    • Full bathrooms: 5
    • 1/2 bathrooms: 3
    Heating
    • Forced Air, Propane, Radiant Floor
    Cooling
    • Central Air, Refrigerated
    Appliances
    • Included: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator, Water Purifier
    • Laundry: Cabinets, Laundry Area, Laundry Room, Sink
    Features
    • Breakfast Bar, Ceiling Fan(s), Central Vacuum, High Ceilings, Kitchen Island, Pantry, Master Downstairs, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile, Marble, Travertine, Wood
    • Windows: Blinds, Double Pane Windows, Drapes, Rods, Wood Frames
    • Has basement: No
    • Number of fireplaces: 2
    • Fireplace features: Gas Log
    Interior area
    • Total structure area: 9,030
    • Total interior livable area: 9,030 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Garage Door Opener, RV Access/Parking
    • Garage spaces: 4
    • Has carport: Yes
    Features
    • Stories: 2
    • Patio & porch: Patio
    • Exterior features: Built-in Barbecue, Dog Run
    • Pool features: In Ground
    • Spa features: In Ground
    • Fencing: Full
    • Has view: Yes
    • View description: Mountain(s), Park/Greenbelt
    Lot
    • Size: 2.75 Acres
    • Features: Cul-De-Sac, Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: Barn(s), Outbuilding, Workshop
    • Parcel number: 04058119
    • Zoning: HDR
    • Other equipment: Generator, Satellite Dish
    • Horses can be raised: Yes

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Wood Siding
    • Foundation: Crawl Space
    • Roof: Composition,Pitched,Shingle
    Condition
    • Year built: 2007

    Utilities & green energy

    • Sewer: Septic Tank
    • Water: Private, Well
    • Utilities for property: Electricity Available, Internet Available, Phone Available, Water Available, Cellular Coverage, Centralized Data Panel, Propane

    Community & neighborhood

    Security
    • Security features: Security System Owned, Smoke Detector(s)
    Location
    • Region: Reno
    • Subdivision: Mil Drae Country Estates

    HOA & financial

    HOA
    • Has HOA: Yes
    • Amenities included: None

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/21/2023Sold$4,250,000-19%$471/sqft
    Source: NNRMLS #220013121
    2/12/2023Pending sale$5,250,000$581/sqft
    Source: NNRMLS #220013121
    10/19/2022Price change$5,250,000-8.7%$581/sqft
    Source: NNRMLS #220013121
    9/30/2022Price change$5,750,000-4.2%$637/sqft
    Source: NNRMLS #220013121
    9/1/2022Listed for sale$6,000,000$664/sqft
    Source: NNRMLS #220013121

    Public tax history

    YearProperty taxesTax assessment
    2025$24,757 +3%$1,005,495 +1.6%
    2024$24,037 +3%$989,438 +5.7%
    2023$23,337 +3%$936,371 +23.3%

    Find assessor info on the county website

    Neighborhood: West Huffaker

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Huffaker
    • Middle: Pine
    • High: Reno

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value

    $5,020,100

    Get a cash offer in 3 minutes

    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.

    Estimated market value

    $5,020,100