NOT LISTED FOR SALE

500 Mil Drae Ln Reno, NV 89511

Bartley Ranch Neighborhood

Estimated Value: $4,388,000 - $4,905,881

5 Beds
8 Baths
9,030 Sq Ft
$522/Sq Ft Est. Value

Last Sold April 21, 2023

Last sale price $4,250,000 $471 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $27,739/month

164 Days on Market

Highlights

  • Barn
  • Horses Allowed On Property
  • RV Access or Parking
  • Reno High School Rated A
  • In Ground Pool
  • 2.75 Acre Lot

About This Home

As of April 2023

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.

Last Agent to Sell the Property

Kevin Reid

Capurro & Reid Real Estate,LLC License #B.16236 Listed on: 09/02/2022

Last Buyer's Agent

Non MLS Agent

Non MLS Office

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $23,367

Year Built

  • Built in 2007

Lot Details

  • 2.75 Acre Lot
  • Property fronts a private road
  • Cul-De-Sac
  • Dog Run
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Open Lot
  • Front and Back Yard Sprinklers
  • Sprinklers on Timer
  • Property is zoned HDR

Parking

  • 4 Car Garage
  • 2 Carport Spaces
  • Garage Door Opener
  • RV Access or Parking

Property Views

  • Mountain
  • Park or Greenbelt

Home Design

  • Brick or Stone Mason
  • Pitched Roof
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stick Built Home

Interior Spaces

  • 9,030 Sq Ft Home
  • 2-Story Property
  • Central Vacuum
  • High Ceiling
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Wood Frame Window
  • Mud Room
  • Entrance Foyer
  • Family Room with Fireplace
  • 2 Fireplaces
  • Great Room
  • Living Room with Fireplace
  • Home Office
  • Library
  • Recreation Room
  • Loft
  • Bonus Room
  • Game Room
  • Crawl Space

Kitchen

  • Breakfast Area or Nook
  • Breakfast Bar
  • Double Oven
  • Gas Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Wood
  • Carpet
  • Radiant Floor
  • Marble
  • Ceramic Tile
  • Travertine

Bedrooms and Bathrooms

  • 5 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Sink Near Laundry
  • Laundry Cabinets

Home Security

  • Security System Owned
  • Smart Thermostat
  • Fire and Smoke Detector

Pool

  • In Ground Pool
  • In Ground Spa

Outdoor Features

  • Patio
  • Separate Outdoor Workshop
  • Storage Shed
  • Outbuilding
  • Built-In Barbecue

Schools

  • Huffaker Elementary School
  • Pine Middle School
  • Reno High School

Utilities

  • Refrigerated Cooling System
  • Forced Air Heating and Cooling System
  • Heating System Uses Propane
  • Power Generator
  • Water Rights
  • Private Water Source
  • Well
  • Propane Water Heater
  • Water Purifier
  • Septic Tank
  • Internet Available
  • Centralized Data Panel
  • Phone Available
  • Satellite Dish

Additional Features

  • Barn
  • Horses Allowed On Property

Community Details

  • Property has a Home Owners Association
  • Mil Drae Country Estates Association
  • The community has rules related to covenants, conditions, and restrictions

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 04058119

Home Details

Home Type

Single Family

Est. Annual Taxes

$23,367

Year Built

Built in 2007

Lot Details

0

Parking

4

Listing Details

  • Year Built: 2007
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: Yes
  • Lot Features: Cul-De-Sac, Landscaped, Level, Open Lot, Sprinklers In Front, Sprinklers In Rear
  • Lot Size Acres: 2.75
  • Road Frontage Type: Private Road, Other
  • Spa Features: In Ground
  • Has View?: Yes
  • Security Features: Security System Owned, Smoke Detector(s)
  • Association Amenities: None
  • Association Fee Frequency: Monthly
  • Has H O A?: Yes
  • Co List Office Mls Id: 179-o
  • Co List Office Phone: 775-850-5000
  • Directions: Del Monte to Mil Drae
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 9030.0
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Huffaker
  • Tax Legal Middle Or Junior School2: Pine
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 23366.94
  • Tax Legal Zoning4: HDR
  • Association Community Association Y N3: Yes
  • Building Stories5: 2
  • Building Property Attached Y N: No
  • Building Home Warranty Y N: Yes
  • Lot Lot Size Acres2: 2.75
  • Lot Lot Size Square Feet2: 119790.0
  • Lot Horse Y N2: Yes
  • Lot View Y N2: Yes
  • Lot Features Cul- De- Sac: Yes
  • Lot Features Landscaped: Yes
  • Cooling Central Air: Yes
  • Foundation Details Crawl Space: Yes
  • Lot Features Level: Yes
  • Lot Features Sprinklers In Front: Yes
  • Lot Features Sprinklers In Rear: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Sprinklers Front: Yes
  • Sprinklers Rear: Yes
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: Yes
  • Appliances Dishwasher: Yes
  • Cooling Refrigerated: Yes
  • Appliances Disposal: Yes
  • Fencing Full2: Yes
  • Other Equipment Satellite Dish: Yes
  • Other Structures Barn(s): Yes
  • Outdoor Living Spaces Patio2: Yes
  • Personal Property Included Storage Shed: Yes
  • Security Features Smoke Detector(s): Yes
  • Sprinklers Drip System In Front: Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Sewer Septic Tank: Yes
  • Fireplace Features Gas Log: Yes
  • Sprinklers Automatic: Yes
  • Other Rooms Bonus Room2: Yes
  • Security Features Security System Owned: Yes
  • Construction Materials Brick: Yes
  • Lot Features Open Lot: Yes
  • Other Rooms Loft3: Yes
  • Other Rooms Office Den: Yes
  • Other Rooms Game Room3: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • View Park Greenbelt: Yes
  • Water Heater Propane3: Yes
  • Road Frontage Type Private Road: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Mil Drae Country Estates
  • Other Rooms Mud Room: Yes
  • Other Rooms Recreation Room4: Yes
  • Appliances Gas Range: Yes
  • Water Heater Recirculating: Yes
  • Appliances Double Oven: Yes
  • Appliances Included As Personal Property Gas Oven2: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Water Purifier: Yes
  • Other Structures Workshop: Yes
  • Other Equipment Generator: Yes
  • Spa Features In Ground2: Yes
  • Special Features: VirtualTour
  • Stories: 2

Interior Features

  • Appliances: Dishwasher, Disposal, Double Oven, Gas Cooktop, Gas Range, Microwave, Refrigerator, Water Purifier
  • Flooring: Carpet, Ceramic Tile, Marble, Travertine, Wood
  • Other Equipment: Generator, Satellite Dish
  • Full Bathrooms: 5
  • Half Bathrooms: 3
  • Total Bedrooms: 5
  • Fireplace Features: Gas Log
  • Fireplaces: 2
  • Interior Amenities: Breakfast Bar, Ceiling Fan(s), Central Vacuum, High Ceilings, Kitchen Island, Pantry, Primary Downstairs, Smart Thermostat, Walk-In Closet(s)
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Wood Frames
  • Interior Bathrooms Half: 3
  • Interior Living Area4: 9030.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Breakfast Bar: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Living Room Features Separate Formal Room: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Family Room Features Separate Formal Room3: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Window Features Blinds: Yes
  • Window Features Drapes: Yes
  • Interior Fireplaces Total2: 2.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Flooring Wood: Yes
  • Window Features Rods: Yes
  • Laundry Features Cabinets2: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Fireplace Features Family Room: Yes
  • Interior Features Kitchen Island: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Laundry Features Sink: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Breakfast Nook: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Interior Features Ceiling Fan(s)2: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Window Features Wood Frames: Yes
  • Interior Features Central Vacuum: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Fireplace Features Primary Bedroom: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Other Rooms Study Library: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Built- In Double Oven: Yes
  • Kitchen Features Gas Cooktop3: Yes
  • Flooring Travertine: Yes
  • Flooring Marble: Yes

Exterior Features

  • Exterior Features: Built-in Barbecue, Dog Run
  • Roof: Composition, Pitched, Shingle
  • Stories: 2
  • View: Mountain(s), Park/Greenbelt
  • Pool Features: In Ground
  • Construction Type: Brick, Wood Siding
  • Foundation Details: Crawl Space
  • Other Structures: Barn(s), Outbuilding, Workshop
  • Patio And Porch Features: Patio
  • Construction Materials Wood Siding: Yes
  • Roof Composition: Yes
  • Roof Pitched: Yes
  • Roof Shingle: Yes
  • Exterior Features Built-in Barbecue: Yes
  • Other Structures Outbuilding: Yes
  • Exterior Features Dog Run: Yes
  • Pool Features In Ground: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Carport Spaces: 2.0
  • Has Carport?: Yes
  • Garage Spaces: 4.0
  • Has Attached Garage?: Yes
  • Parking Features: Garage Door Opener, RV Access/Parking
  • Total Parking Spaces: 6.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 4.0
  • Parking Information Carport Y N: Yes
  • Parking Information Carport Spaces2: 2.0
  • Parking Information Parking Total: 6.0
  • Parking Features R V Access Parking: Yes
  • Parking Features Garage Door Opener: Yes

Utilities

  • Utilities: Electricity Available, Internet Available, Phone Available, Water Available, Cellular Coverage, Centralized Data Panel, Propane
  • Water Source: Private, Well
  • Laundry Features: Cabinets, Laundry Area, Laundry Room, Sink
  • Cooling: Central Air, Refrigerated
  • Heating: Forced Air, Propane, Radiant Floor
  • Heating Yn: Yes
  • Sewer: Septic Tank
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Electricity Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Water Available: Yes
  • Utilities Internet Available: Yes
  • Heating Forced Air: Yes
  • Utilities Propane4: Yes
  • Heating Propane2: Yes
  • Water Source Private6: Yes
  • Water Source Well: Yes
  • Heating Radiant Floor: Yes
  • Utilities Centralized Data Panel: Yes

Schools

  • Middle Or Junior School: Pine

Lot Info

  • Parcel Number: 04058119
  • Fencing: Full
  • Lot Size Sq Ft: 119790.0
  • Zoning: HDR

Tax Info

  • Tax Annual Amount: 23366.94

MLS Schools

  • Elementary School: Huffaker
  • HighSchool: Reno

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Mar 18, 2009
Sold by
Ernaut Peter G and Ernaut Wendy S
Bought by
Ernaut Peter G and Ernaut Wendy S
Current Estimated Value
$4,712,294

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
5.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Mar 17, 2009
Sold by
Ernaut Peter G and Ernaut Wendy S
Bought by
Ernaut Peter G and Ernaut Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$426,000
Interest Rate
5.06%
Mortgage Type
Unknown

Purchase Details

Closed on
Jan 4, 2008
Sold by
Ernaut Peter G and Ernaut Wendy S
Bought by
Ernaut Peter G and Ernaut Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$2,376,000
Interest Rate
6.05%
Mortgage Type
Construction

Purchase Details

Closed on
Nov 23, 2005
Sold by
Milabar Rudy F and Milabar Rudy
Bought by
Ernaut Peter G and Ernaut Wendy S

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,100
Interest Rate
6.31%
Mortgage Type
Credit Line Revolving

Purchase Details

Closed on
Mar 1, 2000
Sold by
Ernaut Family Trust
Bought by
T & C Coan Living Trust
Source: Public Records

Range of Values:

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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Ernaut Peter G -- First Centennial Reno
Ernaut Peter G -- First Centennial Reno
Ernaut Peter G -- First Centennial Reno
Emaut Peter G -- First Centennial Reno
Ernaut Peter G -- First Centennial Reno
Ernaut Peter G -- Ticor Title Of Nevada Inc
T & C Coan Living Trust $4,250,000 First American Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Ernaut Peter G $250,000
Previous Owner Ernaut Peter G $1,941,750
Previous Owner Ernaut Peter G $160,000
Previous Owner Ernaut Peter G $2,000,000
Previous Owner Ernaut Peter G $426,000
Previous Owner Ernaut Peter G $1,950,000
Previous Owner Ernaut Peter G $2,376,000
Previous Owner Ernaut Peter G $169,100
Previous Owner Ernaut Peter G $999,999
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/21/2023 04/21/23 Sold $4,250,000 -19.0% $471 / Sq Ft
02/12/2023 02/12/23 Pending -- -- --
10/19/2022 10/19/22 Price Changed $5,250,000 -8.7% $581 / Sq Ft
09/30/2022 09/30/22 Price Changed $5,750,000 -4.2% $637 / Sq Ft
09/01/2022 09/01/22 For Sale $6,000,000 -- $664 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $24,757 $1,005,495 $276,500 $728,995
2024 $24,757 $989,438 $253,750 $735,688
2023 $24,037 $936,371 $243,250 $693,121
2022 $23,337 $759,366 $183,750 $575,616
2021 $22,658 $731,588 $159,250 $572,338
2020 $21,997 $720,237 $147,000 $573,237
2019 $21,357 $713,413 $140,000 $573,413
2018 $20,724 $703,500 $122,500 $581,000
2017 $20,108 $642,825 $122,500 $520,325
2016 $19,599 $640,185 $112,000 $528,185
2015 $19,564 $610,585 $105,000 $505,585
2014 -- $594,836 $94,500 $500,336
2013 -- $568,713 $122,500 $446,213
Source: Public Records

Agents Affiliated with this Home

  • Kevin Reid

    Seller's Agent in 2023

    Kevin Reid

    Capurro & Reid Real Estate,LLC

    (775) 722-0121

    2 in this area

    37 Total Sales

    Kevin Reid
    Section Image

  • N

    Buyer's Agent in 2023

    Non MLS Agent

    Non MLS Office

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220013121

Northern Nevada Regional MLS

APN: 040-581-19

Nevada Washoe County Reno 89511 Bartley Ranch

500 Mil Drae Ln, Reno, NV

This home is located at 500 Mil Drae Ln, Reno, NV 89511 since 02 September 2022 and is currently estimated at $4,712,294, approximately $521 per square foot. This property was built in 2007. 500 Mil Drae Ln is a home located in Washoe County with nearby schools including Huffaker Elementary School, Edward L Pine Middle School, and Reno High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Northern Nevada Regional MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Ten-X are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2025 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

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