Modern / Contemporary home in Reno, NV
This 2,679-square-foot Modern home in Reno, NV includes 3 bedrooms and 3 bathrooms. Standout details include hot tub / spa, swimming pool, and outdoor kitchen.
| Price | $1,300,000 |
|---|
| Beds | 3 |
|---|
| Baths | 3 |
|---|
| Sqft | 2679 |
|---|
| Architectural style | Modern / Contemporary (41% match) |
|---|
| Address | 2959 Saddle Peak Drive, Reno, NV 89521 |
|---|
Why buy this home
- Confirmed Modern / Contemporary architecture, matched from the listing photos by Enzo's vision model.
- Features: hot tub / spa, outdoor kitchen, swimming pool.
- Links directly to the original source listing on Estately.
Is this a good buy?
Priced above comparable homes.
- The median for 17 similar Modern / Contemporary homes in Reno, NV is $1.3M.
- That works out to $485 per square foot, right at the $485 comparable rate.
| This home | $1,300,000 |
|---|
| Modern / Contemporary median in Reno, NV | $1,300,000 (17 homes) |
|---|
| Price per sq ft | $485 vs. $485 comps median |
|---|
Enzo's reads public listing data and links to the original source. Confirm condition, HOA, taxes and fees there. This is a signal, not advice.
What it costs to own
Estimated at $8,242/month with 20% down at a 7.28% 30-year fixed rate. You would need about $353,249 in gross annual income to keep housing within a 28% ratio.
| Mortgage (P&I) | $7,116/mo |
|---|
| Property tax (new-buyer reassessed rate) | $639/mo |
|---|
| Homeowners insurance | $488/mo |
|---|
| Total monthly | $8,242/mo |
|---|
| Down payment (20%) | $260,000 |
|---|
| Income needed | $353,249/yr |
|---|
A signal to compare homes, not financial advice or a loan offer.
Financial outlook (modeled)
Enzo's grades this home B+ (78 out of 100) over a 5-year hold, from a Monte-Carlo of local home-price dynamics and the interest-rate path versus renting.
| Grade | B+ (78/100) |
|---|
| Beats renting in | 43% of modeled paths |
|---|
| Modeled 5-yr equity (median) | $807,620 |
|---|
| Range (10th to 90th pct) | $524,020 to $1,137,574 |
|---|
A probabilistic model built on public data (Zillow ZHVI, FRED rates), not a guarantee or financial advice. Local price dynamics are pooled toward Reno, NV where local data is thin.
Local home values
Typical home values in Reno, NV have risen about 11% over the past 5 years (+2% in the last year), per the Zillow Home Value Index. This reflects the metro market, not this specific home.
View this home on Estately