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2490 Manzanita Ln, Reno, NV, 89509

4beds
8baths
19,347sqft
$13,950,000
$721price/sqft
$80,582/moest. monthly cost
$3,223,280/yrincome needed

About This Home

Set on an extraordinary 14 acres in the heart of Reno, the Pennington Mansion stands as one of Nevada's most iconic trophy estates. Properties of this scale simply do not exist this close to town, offering unmatched convenience paired with absolute seclusion, commanding elevation, and arguably the finest city views in all of Reno. Perched on a high plateau, the residence overlooks the entire skyline and valley, delivering cinematic, unobstructed vistas by day and a dazzling city-light show by night. A dramatic rotunda entry with soaring Venetian plaster ceilings sets the stage, opening to a grand living room anchored by a statement fireplace and floor-to-ceiling windows framing those signature views. The home spans 19,000+ square feet of refined living space, crafted with rare stones, exotic woods, and globally sourced materials. Its impeccable, ornate craftsmanship is designed to astonish even the most discerning buyer. Woven into every inch of the estate are coffered and barreled ceilings, ironclad windows wrapped in dramatic drapery and enhanced with custom automatic shades, gorgeous multi-step baseboards and moldings, solid-core grand entry doors finished with limestone trim, and grand-scale architectural columns. The west wing hosts a resort-caliber primary suite complete with a sitting room, one-of-a-kind custom onyx fireplace, private veranda, spa-style bath with multi-step finished cabinetry, his and her commodes, and a sumptuous walk-in closet with private laundry and fully enclosed custom wardrobes, delivering an elevated, boutique-inspired dressing retreat. A richly appointed executive office with warm burl wood box-trim paneling, custom cabinetry, built-in bookshelves, glass-front display cases, a fireplace, and patio access completes this wing. The east wing is designed for unparalleled entertaining. A circular sunken bar connects seamlessly to a stone-lined wine cellar and billiards room. The chef's kitchen features open truss ceilings, leathered stone countertops, a Wolf range, a large dining hearth, a butler's pantry, and a separate back kitchen, ideal for large gatherings or catering. A showstopping circular formal dining room offers a dramatic setting for intimate dinners or major social events. The home's lower level, accessed via a grand staircase or elevator, expands the lifestyle footprint with three generous ensuite bedrooms (each opening to poolside patios), a full home theater with snack bar, a large gym with salon, a craft room, and a secured gallery room for the curated display of historic arms, militaria, or other distinguished collections. Beyond the primary living areas, the estate offers over 7,000 sq ft of additional utility and storage space integrated into the daylight basement, an incredibly rare amenity for a property of this stature. Plentiful garage space totaling 2,600+ sq ft accommodates eight vehicles with ease, complemented by expansive motor-court parking for dozens more. Outdoors, the meticulously manicured grounds are introduced by a gated entrance that ushers you in along a newly resurfaced, estate-length driveway that winds gracefully toward the residence, framed by mature trees and lush, established landscaping. The setting unfolds into statues, a grand fountain, sprawling lawns, an in-ground pool and spa with built-in kitchen, and yet another monumental fireplace to complete the outdoor space. As a Nevada residence, ownership also provides highly attractive tax advantages, including no state income tax, no inheritance tax, and comparatively low property taxes, making this property not only a statement estate, but a strategic one. Rarely does a home combine iconic architecture, unmatched acreage, total privacy, and immediate city access like this. The Pennington Mansion is more than a residence; it is Reno's ultimate trophy property.

Getting Around

3
WalkingCar-Dependent
0
TransitNo Nearby Transit
14
BikeSomewhat Bikeable

Schools

6/10
7/10
Reno High SchoolGrades 9-122.7 mi

Construction

Condition

  • Year built: 2004

Materials

  • Foundation: Slab
  • Roof: Composition,Pitched,Tile
  • Construction materials: Fiber Cement,Stone,Stucco

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Additional Refrigerator(s),Dishwasher,Disposal,Double Oven,Dryer,Gas Cooktop,Gas Range,Microwave,Refrigerator,Smart Appliance(s),Trash Compactor,Washer
  • Laundry features: Cabinets,In Unit,Laundry Area,Laundry Room,Shelves,Sink,Washer Hookup

Basement

  • Has basement: Yes
  • Basement: Unfinished,Finished,Basement - Walk-Out/Daylight

Bedrooms & Bathrooms

  • Bedrooms: 4
  • Bathrooms: 8
  • Full bathrooms: 5
  • 1/2 bathrooms: 3

Features

  • Breakfast Bar,Cathedral Ceiling(s),Central Vacuum,Elevator,Entrance Foyer,High Ceilings,Kitchen Island,Pantry,Master Downstairs,Sliding Shelves,Smart Thermostat,Vaulted Ceiling(s),Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows,Drapes,Rods,Window Coverings,Wood Frames
  • Flooring: Carpet,Ceramic Tile,Stone,Travertine,Varies,Wood
  • Number of fireplaces: 9
  • Fireplace features: Gas,Gas Log
  • Fireplace: Yes
  • Common walls with other units/homes: No Common Walls

Heating & Cooling

  • Heating features: Fireplace(s),Natural Gas,Radiant Floor
  • Cooling features: Central Air,Refrigerated

Interior Area

  • Total structure area: 19,347
  • Total interior livable area: 19,347 sqft

Property

Details

  • Parcel number: 02326049
  • Zoning: Sf3
  • Other equipment: Generator

Features

  • Levels: Two
  • Stories: 2
  • Private pool: Yes
  • Pool features: Fenced,Heated,In Ground,Outdoor Pool,Pool Cover,Private,Solar Heat
  • Patio & porch: Patio,Deck
  • Exterior features: Balcony,Barbecue Stubbed In,Built-in Barbecue,Multiple Entry Flat or Ramped,Outdoor Kitchen,Rain Gutters
  • Has spa: Yes
  • Spa features: Heated,In Ground,Private
  • Fencing: Full
  • Has view: Yes
  • View description: City,Mountain(s),Trees/Woods,Valley

Lot

  • Lot size: 14.07 Acres
  • Features: Gentle Sloping,Landscaped,Level,Sloped Down,Sloped Up,Sprinklers In Front,Sprinklers In Rear

Parking

  • Total spaces: 8
  • Parking features: Additional Parking,Attached,Detached,Garage,Garage Door Opener,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 8
  • Covered spaces: 8

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Earthquake
    EarthquakeRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Inland Flooding
    Inland FloodingModerate
  • Lightning
    LightningModerate

How This Home’s Risks Compare

Earthquake
Winter Weather
Inland Flooding
Lightning

FEMA Declared Disasters Across Nevada Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $70,538$846,456
Home Insurance $2,892$34,704
Property Taxes $5,347$64,164
Electricity $1,805$21,665
Total$80,582$966,984

Income You'd Need if You Spent...

35% on housing$2,762,811/yr
40% on housing$2,417,460/yr
45% on housing$2,148,853/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$721This listing

vs Other Active Listings

Avg $/sqft

ZIP 89509$296
Washoe County$406

vs Homes Sold Last Month

Median $/sqft

ZIP 89509$383
Washoe County$314

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

No zestimate history available

Price History

DateEventPrice
2025-11-24Listed for sale$13,950,000
2023-08-10Sold$10,325,000
2023-06-29Pending sale$12,800,000
2022-06-28Listed for sale$12,800,000
2000-01-01Sold$8,000,000

For Sale by Agent

AgentSamantha Saquella
BrokerageRE/MAX Professionals-Reno

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