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  • $1,175,000

    3040 Desert Olive Dr, Reno, NV 89521

    3beds
    2,836sqft
    Single Family Residence
    Built in 2022
    7,405 Square Feet Lot
    $1,183,500 Zestimate®
    $414/sqft
    $4,819 Estimated rent

    Home value

    $1,183,500

    $1.09M - $1.29M

    $4,819/mo

    Zestimate® history
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    What's special

    Peaceful water featureSeparate dedicated officeProfessionally designed landscapingSpacious primary suiteSerene zen gardenPremium corner lotPremium flooring
    Major Price Improvement: Save $60,000 on This Stunning Home built on a premium corner lot . Discover a perfect balance of comfort and sophistication in this beautiful single-story corner home, tucked away in the gated community of Ridgeline at Carmella Ranch. Built in 2022, this residence features thoughtful modern upgrades-including premium flooring, countertops, and cabinetry. The heart of the home is a bright, open great room with soaring ceilings, where the living spaces flow naturally into one another. A classic stone fireplace adds a welcoming warmth, making it an ideal spot for both quiet evenings and gathering with friends. For anyone who loves to cook or host, the expansive kitchen delivers with a large center island, walk-in pantry, wine fridge, and a dedicated morning coffee bar. The spacious primary suite serves as a quiet personal retreat, offering a beautifully upgraded custom-designed walk-in closet and a spa-inspired bath complete with dual vanities and a generous walk-in shower. Two additional bedrooms, each with its own en suite bath, ensure family or guests have plenty of privacy, while a separate dedicated office creates the perfect quiet space for remote work or a den. Outside, the professionally designed landscaping feels like a private escape, featuring custom paver patios, a peaceful water feature, an inviting fire pit, and a serene Zen garden-all set against the backdrop of Mt. Rose views. The pristine three-car garage completes the home with a durable epoxy floor and custom steel cabinetry. Residents also enjoy full access to the exclusive community clubhouse and resort-style pool, offering a relaxed, turnkey lifestyle in one of South Reno's most welcoming neighborhoods. Note: lot premium was $40k per owner and garage is deeper than most. It measures 19'8" at 2 car side and 17' 8 " at single car side. Please do not park in driveway when viewing the home.

    Zillow last checked:

    Listing updated:

    Listed by:

    Jeanne Hill S.184344 805-990-1317,

    LPT Realty, LLC

    Bought with:

    Brianne Madrid, S.184341

    RE/MAX Professionals-Reno

    Source: NNRMLS,MLS#: 260007513MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 4
    • Full bathrooms: 3
    • 1/2 bathrooms: 1
    Heating
    • Fireplace(s), Forced Air, Natural Gas
    Cooling
    • Central Air
    Appliances
    • Included: Dishwasher, Disposal, Dryer, Gas Cooktop, Gas Range, Microwave, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Cabinets, In Unit, Laundry Room, Sink, Washer Hookup
    Features
    • Breakfast Bar, Entrance Foyer, High Ceilings, Kitchen Island, No Interior Steps, Master Downstairs, Smart Thermostat, Walk-In Closet(s)
    • Flooring: Carpet, Ceramic Tile
    • Windows: Blinds, Double Pane Windows, Vinyl Frames
    • Number of fireplaces: 1
    • Fireplace features: Gas
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 2,836
    • Total interior livable area: 2,836 sqft

    Property

    Parking
    • Total spaces: 3
    • Parking features: Attached, Garage, Garage Door Opener
    • Attached garage spaces: 3
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Uncovered, Wrap Around, Other, Patio
    • Exterior features: Fire Pit, Rain Gutters
    • Spa features: None
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 7,405 Square Feet
    • Features: Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: None
    • Parcel number: 14327217
    • Zoning: pd

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Composition,Pitched,Shingle
    Condition
    • New construction: No
    • Year built: 2022

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Cable Connected, Electricity Available, Electricity Connected, Internet Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities, Water Meter Installed

    Community & HOA

    Community
    • Security: Keyless Entry
    • Subdivision: Caramella Ranch Estates Village
    HOA
    • Has HOA: Yes
    • Amenities included: Clubhouse, Gated, Pool
    • Services included: Snow Removal
    • HOA fee: $250 monthly
    • HOA name: Ridgeview Caramella Ranch
    • Second HOA fee: $79 quarterly
    • Second HOA name: Caramella LMA
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $414/sqft
    • Tax assessed value: $811,310
    • Annual tax amount: $7,534
    • Date on market: 6/12/2026
    • Cumulative days on market: 70 days
    • Listing terms: 1031 Exchange,Cash,Conventional,VA Loan

    Price history

    DateEventPrice
    8/21/2026Sold$1,175,000-1.7%$414/sqft
    Source: NNRMLS #260007513 Report a problem
    7/24/2026Contingent$1,195,000$421/sqft
    Source: NNRMLS #260007513 Report a problem
    6/26/2026Price change$1,195,000-4.8%$421/sqft
    Source: NNRMLS #260007513 Report a problem
    6/12/2026Listed for sale$1,255,000+23.5%$443/sqft
    Source: NNRMLS #260007513 Report a problem
    8/4/2022Sold$1,015,995$358/sqft
    Source: Public Record Report a problem
    2/15/2022Listing removed--
    Source: Toll Brothers Inc. Report a problem
    2/1/2022Listed for sale$1,015,995$358/sqft
    Source: Toll Brothers Inc. Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$7,534 +3%$283,959 +4.2%
    2025$7,317 +3%$272,416 +9%
    2024$7,104 +3%$249,811 +5.2%
    2023$6,894 +448.5%$237,452 +431.9%
    2022$1,257 +21.5%$44,645 +39.6%
    2021$1,035 +256.4%$31,973 +251.7%
    2020$290 -71.9%$9,091
    2019$1,035 +256.4%$9,091 +25.2%
    2018$290 $7,262
    Find assessor info on the county website

    Neighborhood: Damonte Ranch

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Brown
    • Middle: Marce Herz
    • High: Galena

    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
    $1,183,500
    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
    $1,183,500