Closed
$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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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#: 220013121
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
| Date | Event | Price |
|---|---|---|
| 4/21/2023 | Sold | $4,250,000-19%$471/sqft |
Source: | ||
| 2/12/2023 | Pending sale | $5,250,000$581/sqft |
Source: | ||
| 10/19/2022 | Price change | $5,250,000-8.7%$581/sqft |
Source: | ||
| 9/30/2022 | Price change | $5,750,000-4.2%$637/sqft |
Source: | ||
| 9/1/2022 | Listed for sale | $6,000,000$664/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax 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
- 6/10Huffaker Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 4/10Edward L Pine Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 4.2 mi
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