LUXURY TRENDS
2nd Quarter, 2023 DicksonLuxury.com
Hot Summer Sparks Northern Nevada's Luxury Real Estate Market
It is undoubtedly a sizzling Summer in Northern Nevada, and just like the scorching temperatures, the luxury real estate market is heating up! As the leading brokerage rooted in the Northern Nevada community, Dickson Realty is here to keep you connected to all the latest trends and opportunities in the luxury housing market.
Our journey began in the 80s when we recognized that luxury properties required a different approach to marketing. We joined forces with Great Estates, which later became a part of Christie's, a renowned name in the world of art and luxury since 1766. Our commitment to excellence and reaching a global audience led us to join Luxury Portfolio International, the luxury face of the largest global network of premier locally branded companies spanning 70 countries. As a member of Luxury Portfolio, we proudly showcase high-end properties to over 3 million high net worth visitors annually through LuxuryPortfolio.com, the platform that markets an impressive $61 Billion worth of the world's most remarkable luxury homes.
From January to June, the luxury market has been a thrilling journey, marked by a record-breaking snowfall, higher interest rates, and uncertainties in the economy and international markets. When comparing this year to 2022, it's evident that we are witnessing a slowdown in several metrics, resulting in longer durations on the market. However, we see the years of 2020 to 2022 as a market anomaly and we suggest caution in comparing today's market to those years.
To make informed decisions, it's crucial to focus on the present realities. We see a rise in inventory, which will play a significant role in stabilizing pricing across most price categories. The market is transitioning into a balanced state, with approximately six months of inventory in the $1.3 to $1.6 million price range. However, there are still certain price categories, such as $1-$1.3 million and $2.2-$2.5 million, where inventory remains limited. In fact, some price ranges may give the impression of high inventory levels, but in reality, they represent only 10 homes or less in each range.
Navigating the current luxury market requires a keen understanding of its dynamics, and at Dickson Realty, we have the expertise to guide you through this journey. Our real estate specialists are here to assist you in seizing the opportunities presented by the evolving market conditions. Whether you're buying or selling, our knowledge and connections are at your service to ensure your success in this dynamic landscape. Reach out to us today, and let's embark on this exciting venture together.
*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $2 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2023, as of 07/05/2023 Reno-Sparks
COVER HOME: 830 Tyner Way, Incline Village, NV $9,999,800 MLS# 230006751 JAN-JUN 2023 vs. JAN-JUN 2022 Reno/Sparks Sales Over $2 Million* -17.9% TOTAL HOMES SOLD 2023: 46 2022: 56 -3.4% AVERAGE SOLD PRICE 2023: $2,801,280 2022: $2,900,564 1.4% AVERAGE PRICE PER SF 2023: $593.08 2022: $584.78
AVERAGE DAYS ON MARKET 2023: 138 2022: 106
— Vice President, Luxury Division
Luxury Market Snapshot
Over
$2 Million* 2023 vs. 2022
30.2%
Dickson Realty is a member of Leading Real Estate Companies of the World,® a global community of real estate companies awarded membership based on rigorous standards for service and performance.
Every fifteen minutes a quality client introduction is made within Leading Real Estate Companies of the World.® As a member of Leading Real Estate Companies of the World,® Dickson Realty combines authentic, local expertise with global connections to the highest quality real estate firms worldwide. We’re Local. We’re Global.
1.2 Million annual global transactions
4,700 offices
$586 Billion total annual home sales volume
136,000 sales associates
70+ countries
550 companies
6 spanning continents
Top 5 Luxury Real Estate Companies
Chase International eXp Realty RE/MAX Professionals Ferrari-Lund 7.9% 34.4% 6.4% 6.3% 5% DICKSON REALTY 0 20 40 60 80 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 16 49 15 36 39 30 34 36 44 60 39 55 61 61 68 68 64 64 38 38 39 39 44 44 36 39 30
Dickson Realty market share for Reno/Sparks homes sold over $1 million in 2023 29.3%
Home Sales
$1 Million*
vs.
# OF UNIT s s OLD 2022 2023 Chase International eXp Realty RE/MAX Professionals Ferrari-Lund 7.9% 34.4% 6.4% 6.3% 5% DICKSON REALTY 0 20 40 60 80 Jan Feb Mar Apr May Jun Jul Aug Sept Oct Nov Dec 16 49 15 36 39 30 34 36 44 60 39 55 61 61 68 68 64 64 38 38 39 39 44 44 36 39 30 *Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2023, as of 07/05/2023
2023 Market Share for Reno/Sparks Homes Sold Over $2 Million*
Luxury
By Month Over
2023
2022
Luxury Homes By Price Range Over $1 Million* In
*Source: Northern Nevada Multiple Listing Service (NNRMLS) residential volume for transactions over $1 million in all Reno/Sparks areas (Area 100), January 1 - June 30, 2023, as of 07/05/2023 MILLIONs OF $ MILLIONs OF $
ACTIVE as of 6/30/2023 SOLD Jan - Jun 2023 Months of Inventory Over $1 Million* In Reno/Sparks 0 20 40 60 80 100 $1.0$1.3 $1.3$1.6 $1.6$1.9 $1.9$2.2 $2.2$2.5 $2.5$3.0 $3.0$3.5 $3.5$4.0 $4.0$5.0 $5.0$6.0 $6.0+ 58 85 53 48 30 26 13 17 7 13 13 12 9 6 10 4 9 3 4 0 8 0 0 20 40 60 80 100 $1.0$1.3 $1.3$1.6 $1.6$1.9 $1.9$2.2 $2.2$2.5 $2.5$3.0 $3.0$3.5 $3.5$4.0 $4.0$5.0 $5.0$6.0 $6.0+ 3.6 1.3 6.6 1.2 6.6 1.3 4.8 1.1 2.9 7.9 3.8 4.1 2.4 2.4 12.2 6.1 30.4 3.0 27.4 0 97.3 16.2 0 20 40 60 80 100 $1.0$1.3 $1.3$1.6 $1.6$1.9 $1.9$2.2 $2.2$2.5 $2.5$3.0 $3.0$3.5 $3.5$4.0 $4.0$5.0 $5.0$6.0 $6.0+ 58 85 53 48 30 26 13 17 7 13 13 12 9 6 10 4 9 3 4 0 8 0 0 20 40 60 80 100 $1.0$1.3 $1.3$1.6 $1.6$1.9 $1.9$2.2 $2.2$2.5 $2.5$3.0 $3.0$3.5 $3.5$4.0 $4.0$5.0 $5.0$6.0 $6.0+ 3.6 1.3 6.6 1.2 6.6 1.3 4.8 1.1 2.9 7.9 3.8 4.1 2.4 2.4 12.2 6.1 30.4 3.0 27.4 0 97.3 16.2 # OF ACTI v E & s OLD MONTH s OF IN v ENTORY Q2 Jan - Jun 2023 Q2 Jan - Jun 2022 *For perspective, this is only 8 homes
Reno/Sparks
Incline
-2.8%
-1.7%
*Source: Incline Village REALTORS® (IVR) residential volume for transactions over $2 million in Incline Village & Crystal Bay areas, January - June, 2022 & 2023
$2,000,000+)
22 $1,202 97.7% 18 $1,168 96% $4,000,000 $4,900,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
2023
2nd
(Luxury
100% Units Sold Average Sold Price/Sqft. Percent of List Price Received Median Price UNITS SOLD -18.2% FROM LAST YEAR UNITS SOLD -2.8% FROM LAST YEAR % OF ASK RECIEVED
FROM LAST YEAR MEDIAN PRICE -18.4% FROM LAST YEAR
Single Family Homes - 2nd Quarter
vs.
Quarter 2022
Village/Crystal Bay (Luxury $2,000,000+) 100% Units Sold Average Sold Price/Sqft.
22 $1,202 97.7% 18 $1,168 96% $4,000,000 $4,900,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved Single Family Homes - 2nd Quarter 2023 vs. 2nd Quarter 2022 Incline Village/Crystal Bay (Luxury $2,000,000+) 100% Units Sold Average Sold Price/Sqft. Percent of List Price Received Median Price UNITS SOLD
LAST YEAR UNITS SOLD
LAST YEAR
OF ASK RECIEVED
LAST YEAR MEDIAN PRICE
FROM LAST YEAR 22 $1,202 97.7% 18 $1,168 96% $4,000,000 $4,900,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved Single Family Homes - 2nd Quarter 2023 vs. 2nd Quarter 2022 Incline Village/Crystal Bay Available Condos Units Sold Days on Market Median Price 19 12 30 31 4 238 $1,392,500 $1,125,000 AVAILABLE CONDOS 63.2%
LAST YEAR
SOLD
LAST YEAR DAYS ON MARKET
Percent of List Price Received Median Price UNITS SOLD -18.2% FROM LAST YEAR UNITS SOLD
FROM LAST YEAR % OF ASK RECIEVED -1.7% FROM LAST YEAR MEDIAN PRICE -18.4% FROM LAST YEAR
-18.2% FROM
-2.8% FROM
%
-1.7% FROM
-18.4%
FROM
UNITS
-66.7% FROM
LAST YEAR
PRICE
LAST YEAR Condos - March 2023 vs. March 2022 Incline Village/Crystal Bay 2023 2022 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
706.8% FROM
MEDIAN
23.8% FROM
INCLINE VILLAGE MARKET SNAPSHOT
Incline Village/Crystal Bay
Condos - 2nd Quarter 2023 vs. 2nd Quarter 2022
Condos - 2nd Quarter 2023
Units Sold
Average Sold Price/Sqft.
Incline Village/Crystal Bay (Luxury $1,000,000+) 100%
*Source: Incline Village REALTORS® (IVR) residential volume for transactions over $2 million in Incline Village & Crystal Bay areas, January - June, 2022 & 2023
4 $898 94.6% 6 $784 97.8% $1,222,000 $2,650,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
(Luxury $1,000,000+) 100% Units Sold Average Sold Price/Sqft. Percent of List Price Received Median Price UNITS SOLD 50% FROM LAST YEAR UNITS SOLD -12.7% FROM LAST YEAR % OF ASK RECIEVED 3.4% FROM LAST YEAR MEDIAN PRICE -53.9% FROM LAST YEAR
4 $898 94.6% 6 $784 97.8% $1,222,000 $2,650,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
Percent of List Price Received Median Price UNITS SOLD 50% FROM LAST YEAR UNITS SOLD -12.7% FROM LAST YEAR % OF ASK RECIEVED 3.4% FROM LAST YEAR MEDIAN PRICE -53.9% FROM LAST YEAR
vs. 2nd Quarter 2022
$1,000,000+)
Units
Median Price UNITS SOLD
FROM LAST YEAR UNITS SOLD
LAST YEAR
OF ASK RECIEVED
YEAR MEDIAN PRICE
FROM LAST YEAR 4 $898 94.6% 6 $784 97.8% $1,222,000 $2,650,000 Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
Quarter
Incline Village/Crystal Bay (Luxury
100%
Sold Average Sold Price/Sqft. Percent of List Price Received
50%
-12.7% FROM
%
3.4% FROM LAST
-53.9%
Condos - 2nd Quarter 2023 vs. 2nd
2022
Available Condos Units Sold Days on Market Median Price 19 12 30 31 4 238 $1,392,500 $1,125,000 AVAILABLE CONDOS
FROM LAST YEAR
SOLD
YEAR
MARKET
63.2%
UNITS
-66.7% FROM LAST
DAYS ON
YEAR
PRICE
YEAR Condos - March 2023 vs. March 2022
Village/Crystal Bay
Source: Incline Village REALTORS®. Copyright 2023 Dickson Realty. All Rights Reserved
706.8% FROM LAST
MEDIAN
23.8% FROM LAST
Incline
2023 2022
Reno Public Market
Can Tell Us the Past, Present, and Future of Reno’s Economy
Reno has changed a lot over the past 100 years, but to see just how different it is, look no further than the recent changes to Reno Public Market at the south end of Midtown. Earlier this year, Reno’s erstwhile Shoppers Square was remodeled into a brand new, mixed-use facility full of some of the hallmarks of Reno’s past century of development: art, live events, local brands, and lots of good food.
But as much as Reno Public Market exemplifies Reno’s present (and hopefully future), the building itself has deep roots in the city’s history. Let’s look at where Reno was in 1923, and what its redevelopment can tell us about Reno’s culture and economy in the 21st century.
The History of Reno Public Market
In 1923, the city of Reno proper occupied a far smaller parcel of land, and its population reflected it. It’s estimated that a little over 12,000 people lived in the town in 1920. But then, as it is now, Reno entered a great population shift, growing by 50% over the next decade. As Reno acquired some of its oldest and most famous institutions in the 1930s (namely, legalized gambling, one of the shortest residency requirements for divorce in the nation, and increased investment in the arts) the population boom only continued. With its borders bursting at the seams, Reno needed more room to grow.
Enter the Casazza family, who purchased 140 acres of land to the south of downtown as part of their family ranch in 1923. As Reno sprawled into their domain, the Cassazas began to sell acreage to the burgeoning town, all except for their current property at the corner of Plumb Lane and South Virginia Street—where their original family home once stood. In 1963, the Casazzas announced they were going to develop a $2.4 million shopping center on that parcel, and Shoppers Square was soon a reality.
A modest marketplace, Shoppers Square nonetheless stood for decades as a family-run establishment bordering the aptly named Casazza Drive. Over the decades, numerous businesses came and went as tenants—department stores, banks, drugstores, and restaurants among them. In 2019, however, the Casazzas decided to revamp the space, starting a years-long redevelopment that was hampered by the COVID-19 pandemic, permitting issues, and record snowfall levels this past winter.
In January of this year, Reno Public Market opened its doors to the public, showcasing a sprawling food court, space for 22 individual vendors, one of the largest bars in Reno, storefronts for local businesses, a combined artist workshop space and gallery, and a live entertainment stage christened “Faye’s” in homage to a long-time former tenant, Faye’s
Sportswear. The original neon sign that illuminated her storefront now sits, repurposed, above the main stage.
The Economic Vision
Similar to other developments in Reno over the past two decades, Reno Public Market was made possible thanks to some outside investment. California-based developers Foothill Partners were amongst the first to come up with the redesign, with Fireten Hospitality handling much of the mixed-use food court and vendor space. The entire price tag for the 55,000-square-foot space came in at around $50 million.
The food court is one of the premier utilities of the space, according to Steve Schroeder, founder of one of Reno’s most successful summer community events, Food Truck Fridays. According to Schroeder, who was asked to consult on the design of the food court, the smaller vendor stations present a logical progression for local restaurateurs from individual food trucks to 10-by-30-foot brick-and-mortar locations with lower overhead costs and community appeal baked into the concept.
The team behind Reno Public Market is banking on the sense of community inspired by the mixed-use space instead of the retail-forward model of Shoppers Square. Instead of going to Reno Public Market for one thing, the idea is that shoppers can find many—either trying different types of food, grabbing a drink while they watch live music, or wandering the storefronts until they see something they like.
It’s a concept that’s worked in other venues established by Foothill and Fireten, but Reno Public Market also has a secret weapon working in its favor. The development of the Reno Entertainment District apartment complex at the former site of Park Lane Mall across the street is primed to provide a ready source of clientele for the shopping center, which also includes a CVS Pharmacy, Sprouts grocery store, and other consumer must-haves. Investment in the confluence of living, entertainment, and shopping is poised to reinvigorate the south of Midtown.
The Economic Vision
The development of Reno Public Market is a microcosm of Reno’s own expanded economic vision. As the city has fought to move away from the largely gaming-centered economy of the past century, investment in large-scale entertainment spaces (like Jacobs Entertainment’s Neon Line District downtown), local food and beverage brands (evident in fourth street’s Brewery District or Food Truck Fridays), and high-density housing constitutes a shift to a more modern and diverse economy. Underscored by our access to Lake Tahoe, world-class skiing and hiking, and other outdoor recreation, Reno is banking on experiences and local culture as its future economic drivers—with projects like Reno Public Market providing a roadmap.
Copyright – Jeramie Lu Photography | www.JeramieLu.com
Copyright – Jeramie Lu Photography | www.JeramieLu.com
830 Tyner Way – Incline Village, Nevada
Offered at $9,999,800
Vista del Lago. Stunning home with endless panoramic views of Lake Tahoe, the mountains, and Crystal Bay Point from every room. Completely remodeled w/smart home features throughout, meticulously maintained and designed to enjoy the Tahoe lifestyle. Adjacent, is 185+ acres of IVGID land, enhancing the privacy. Radiant in-floor heat, hand scraped reclaimed oak flooring and custom cabinetry.
Erik Sesma
775-298-9754
Karen Bruno
775-232-4109
95 Bear Mountain Place – Reno, Nevada
Offered at $6,750,000
Connect with the majesty of nature, the people you love, and yourself in this distinctive, unapologetically rustic, and evocative home. Nestled above a cul-de-sac in the Sierra Nevada’s western foothills, 95 Bear Mountain offers unparalleled views and quick access to the Reno Tahoe International Airport, downtown Truckee, and Lake Tahoe. The home’s seamless flow highlights its quality of craftsmanship and thoughtful details, such as hand-finished beams, Albertini and steel windows, and reclaimed materials.
Kathie Bartlett
775-741-5675
PENDING
170 Hawken Road – Reno, Nevada
Offered at $5,850,000
Introducing a new custom home in the gated community of Eaglesnest at Caughlin Ranch. The large Lowen windows throughout the home allow natural light to flow into every room; effortlessly integrating indoor and outdoor living. Enjoy sweeping panoramic views of the city and mountains. Soak in the sunsets from the comfort of your private terrace with an outdoor fireplace and TV. This mountain modern home offers the perfect balance of luxury and comfort.
Rebecca Dickson
775-742-2120
6755 Franktown Road – Washoe Valley, Nevada
Offered at $5,650,000
A coveted location in Washoe Valley featuring peaceful, panoramic views across the valley. In perfect condition with freshly refinished hardwood floors throughout. The comfortable one level floor plan features a great room, wet bar/wine cellar, a spacious study, formal dining with prep pantry connected to kitchen and a laundry/mud room just off the garage complete with dog washing station! Comfortable country living,a ten minute drive to Carson City and twenty minutes to South Reno.
Rebecca Dickson
775-742-2120
PENDING
A
of
the
of
to
Rebecca Dickson 775-742-2120 Nancy Fennell 775-691-2674
at
secluded retreat on five acres in the historic and scenic Franktown area of Washoe Valley with the backdrop of the Sierras and Toiyabe National Forest. Sophisticated, contemporary, architecture and design. True craftsmanship
construction with
highest quality
materials and meticulous attention
detail.
7400 Tunnel Creek – Washoe Valley, Nevada Offered
$5,400,000
13425 Welcome Way – Reno, Nevada
Offered at $4,495,000
This modern architectural masterpiece is a study in contrast with its sharp corners and curved lines. Designed by Wimberley Alison Tong & Goo lead Designer Charlie Sims, this Award Winning estate has been featured on HGTV and ABC TV as well as showcased by Dupont Luxury Homes and Reno Magazine. Nestled on a bluff near Arrowcreek, this 8011 square foot custom estate sits on 2.42 acres and has unbelievable Panoramic views of the entire City of Reno from the Sierras to the Virginia City foothills.
Jay Kenny
775-848-6549
605 Deer Mountain Road – Verdi, Nevada
Offered at $3,900,000
This is the rare opportunity to own a private retreat consisting of 6,600 sq ft of updated ranch-style living space adjacent to BLM land with 6 acre/feet fenced water right. The footprint of this 8-bedroom, 9-bath home has been thoughtfully divided into four zones. The eastern-facing sizable owner’s suite is a wonderful hideout with a fireplace, two en-suite marble bathrooms, two walk-in closets, and two additional flex spaces for an office and workout area. The kids’ wing comes with new wood-laminate floors and is ready for action.
The Keenan Group
775-846-9726
1230 Broken Feather Court – Reno, Nevada
Offered at $3,600,000
Prepare to be wowed by this newly constructed contemporary home in Arrowcreek! Showcasing architectural excellence and masterful finishes, this custom beauty is one of Reno’s finest. Upgrades include upscale Miele & Sub-Zero appliances, Andersen windows & doors, cashmere matte maple hardwood floors, Home Theater, separate Casita with Kitchenette, and oversized 3-car garage. Located at the end of a cul-de-sac overlooking the 3rd Fairway, this distinct home enjoys spectacular golf, mountain, and city views.
Sullivan Neal Luxury
775-849-9444
4105 Old US 395 – Washoe Valley, Nevada
Offered at $3,585,000
Sit on the patio and take in the views across Washoe Valley - absolutely beautiful! 1901 Priority Ophir Creek water rights feed a series of 5 ponds on the property year round. With a master gardener at the helm the landscape is magical with mature trees and carefully curated plantings for seasonal color. There is a 1360s.f., 2 story, 1 bedroom/bath guest cottage at the back of the property as well as a detached garage/ storage barn. 4145s.f. is only the upstairs living area of main home, lower level has 3441s.f.with a rec room and flexible garage space for as many as 6 to 8 cars. There are two gated entrances.
Rebecca Dickson
775-742-2120
1860 North Winnie Lane – Carson City, Nevada
Offered at $3,500,000
Stunning private estate waiting to welcome its new owners! Upon entering through the private gate, you are greeted with the expansive and beautifully landscaped grounds, an elegant porte-coche're, a grand entrance with double stainless steel doors and custom glass side lights. Once inside, you are greeted with a magnificent great room featuring, marble floors and stunning floor to ceiling windows overlooking 3 grand waterfalls and stunning mountain views.
Christina Rice
775-220-6281
5675 Alpinista Circle – Reno, Nevada
Offered at $3,255,000
Newly built, on Montreux's 11th green, this single level custom “Chalet” offers the perfect balance of indoor/ outdoor living with mountain modern style. Quality abounds w/ ICF construction! Unobstructed golf, Mt. Rose & valley views. Chef's kitchen with top-of-the-line appliances (SubZ & Bosch). Open floorplan with 3 BR suites + office. Primary suite with large linear fireplace, heated bath floors, 2 walk-in closets, steam shower & adjacent fitness center/flex space. The backyard is an entertainer's dream!
Sullivan Neal Luxury
775-849-9444
5108
Offered at $3,200,000
Build a brand new Parc Foret home in Reno's premier gated golf community - MONTREUX. Plenty of time to choose all your own quality interior finishes; completions will be in 2023. This home is a Plan 7; 4 bedroom suites plus a game room. A modern/open great room design with high ceilings, big windows, light & bright. A private courtyard greets you at the front. Full landscaping for your custom design included in the purchase. Built by award-winning custom builder LakeCrest.
Sullivan Neal Luxury
775-849-9444
Bordeaux – Reno, NevadaPENDING
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $9,999,800 230006751 830 Tyner Way Erik Sesma & Karen Bruno , 775-298-9754 PENDING $6,750,000 220016132 95 Bear Mountain Place Kathie Bartlett , 775-741-5675 $5,850,000 230007308 170 Hawken Road Rebecca Dickson , 775-742-2120 PENDING $5,650,000 220012732 6755 Franktown Road Rebecca Dickson , 775-742-2120 $5,400,000 220007969 7400 Tunnel Creek Road Rebecca Dickson , 775-742-2120 $4,495,000 220014402 13425 Welcome Way Jay Kenny , 775-848-6549 $3,900,000 230006433 605 Deer Mountain Road The Keenan Group , 775-846-9726 $3,600,000 230006498 1230 Broken Feather Court Sullivan Neal Luxury , 775-849-9444
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $3,585,000 230007487 4105 Old US 395 Rebecca Dickson , 775-742-2120 $3,500,000 220015760 1860 North Winnie Lane Christina Rice , 775-220-6281 $3,255,000 230003081 5675 Alpinista Circle Sullivan Neal Luxury , 775-849-9444 PENDING $3,200,000 210012623 5108 Bordeaux Sullivan Neal Luxury , 775-849-9444 $2,995,000 230007675 5945 Chambery Circle Kellen Flanigan , 310-710-4016 $2,995,000 1013712 855 Lake Country Drive Laura Beck , 775-742-4093 $2,955,000 230002091 6149 Triple Crown Drive Rebecca Dickson , 775-742-2120 $2,950,000 210018199 5192 Bordeaux Court Sullivan Neal Luxury , 775-849-9444
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. PENDING $2,870,000 210012626 5132 Bordeaux Sullivan Neal Luxury , 775-849-9444 $2,800,000 230007865 20805 Parc Foret Court Sullivan Neal Luxury , 775-849-9444 $2,795,000 230005843 10305 Dryden Drive Joseph Wieczorek , 775-335-5962 PENDING $2,750,000 210015773 20840 Parc Foret Court Sullivan Neal Luxury , 775-849-9444 PENDING $2,685,000 210012627 5144 Bordeaux Sullivan Neal Luxury , 775-849-9444 PENDING $2,665,000 230006594 5775 Nordend Way Sullivan Neal Luxury , 775-849-9444 PENDING $2,630,000 220000652 5180 Bordeaux Court Sullivan Neal Luxury , 775-849-9444 $2,600,000 230006730 14255 Table Rock Court Anne Lichty , 775-750-3000
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $2,600,000 1013818 585 Village Boulevard Karen Bruno , 775-232-4109 $2,575,000 230004725 724 Canter Way Maxwell Giesler , 775-530-8366 PENDING $2,550,000 210002412 20845 Parc Foret Court Sullivan Neal Luxury , 775-849-9444 PENDING $2,470,000 210014473 5156 Bordeaux Court Sullivan Neal Luxury , 775-849-9444 $2,450,000 230007082 857 Jennifer Mary Reimer , 775-742-7020 PENDING $2,450,000 210012625 5120 Bordeaux Sullivan Neal Luxury , 775-849-9444 PENDING $2,390,000 210014471 5168 Bordeaux Court Sullivan Neal Luxury , 775-849-9444 PENDING $2,350,000 220016951 566 Socorro Court Anne Lichty , 775-750-3000
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. PENDING $2,300,000 220014556 3664 Spirit Bluff Court Sonja Leonard , 775-848-0129 PENDING $2,250,000 230006500 4025 Mules Ear Court Carol Bond , 775-690-1870 $2,200,000 230006194 5400 Brookmeadow Lane Kathy Leggett , 775-287-8620 $2,199,000 230005176 640 Oxbow Court Karen Bruno , 775-232-4109 PENDING $2,170,000 200016213 20820 Parc Foret Court Sullivan Neal Luxury , 775-849-9444 PENDING $2,150,000 200015391 20800 Parc Foret Sullivan Neal Luxury , 775-849-9444 PENDING $2,130,000 210002413 20825 Parc Foret Court Sullivan Neal Luxury , 775-849-9444 $2,127,000 230003652 6110 South Pleasant Oak Trail Heather Houston , 828-489-8124
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $2,100,000 230007923 72 Caballada Street Heather Houston , 828-489-8124 PENDING $2,100,000 220006728 66 Caballada Street Heather Houston , 828-489-8124 $2,075,000 230007902 10212 Via Verona Carol Bond , 775-690-1870 $1,995,000 230004764 65 Caballada Street Heather Houston , 828-489-8124 $1,995,000 230007924 71 Caballada Street Heather Houston , 828-489-8124 PENDING $1,960,000 220003410 32 Campolina Street Heather Houston , 828-489-8124 PENDING $1,960,000 220003404 34 Campolina Street Heather Houston , 828-489-8124 PENDING $1,925,000 220003006 63 Caballada Street Heather Houston , 828-489-8124
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $1,890,000 230003041 4405 Slide Mountain Drive Joseph Wieczorek , 775-335-5962 PENDING $1,890,000 230005697 13345 West Saddlebow Drive Darlene Sharpe , 775-338-4102 $1,875,000 230004610 7035 Quail Rock Lane Monica Gore , 775-742-1555 PENDING $1,850,000 230006329 6400 Zermatt Court Lisa Moffitt , 775-530-5092 $1,850,000 220014611 22 Persano Street Heather Houston , 828-489-8124 $1,850,000 220016999 14 Persano Street Heather Houston , 828-489-8124 PENDING $1,850,000 230006648 5660 Mont Pelier Court Chris Whitney , 775-772-2253 PENDING $1,849,000 230004890 20625 Parc Foret Drive Sullivan Neal Luxury , 775-849-9444
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $1,839,000 230003495 1430 River Hill Way Lori Welsh , 775-771-6574 PENDING $1,810,000 230002199 35 Campolina Street Heather Houston , 828-489-8124 PENDING $1,810,000 220003408 33 Campolina Street Heather Houston , 828-489-8124 $1,795,000 230004763 4900 Canyon Drive Marilyn Minor , 775-284-3031 PENDING $1,790,000 220011759 1577 Casey Ranch Drive Joseph Wieczorek , 775-335-5962 PENDING $1,725,000 230004446 825 La Guardia Lane Cathy Lancaster , 775-830-6565 $1,650,000 230007486 1360 Wolf Run Road Maxwell Giesler , 775-530-8366 PENDING $1,650,000 230005978 15275 Redmond Loop Richard Berman , 775-450-1940
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. PENDING $1,649,995 230004470 5421 Side Saddle Trail Heather Houston , 828-489-8124 $1,625,000 230003930 16455 Bonnie Lane Savannah Beauchemin , 775-291-2202 $1,619,000 230002276 14820 Parisian Court Kathy Leggett , 775-287-8620 $1,599,000 230005111 6360 Wetzel Court Sullivan Neal Luxury , 775-849-9444 PENDING $1,550,000 230007869 1149 Kingston Lane Kyle Wentz , 775-720-1981 $1,550,000 230006462 3430 West Plumb Lane J.D. Drakulich , 775-342-5883 $1,523,000 230005583 13510 Tremolite Drive Bailey Wong , 775-848-2255 $1,499,950 230006524 1745 Dakota Ridge Trail Lori Welsh , 775-771-6574
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $1,400,000 230007320 209 Waterman Court Louise Simpson , 775-750-1901 $1,399,000 230004337 12325 Ocean View Drive Jack Castella , 209-604-0208 $1,398,900 230007783 4990 Mountainshyre Road Amanda Gunter , 775-525-1528 PENDING $1,395,000 230003375 5619 Vista Terrace Lane Beth Nitz , 775-772-5616 $1,395,000 230007065 3641 Pinot Grigio Drive Beth Cooney , 775-544-6026 $1,395,000 230005892 4490 Plumas Street Kayla Dalton , 775-525-4659 $1,330,000 230005941 3100 Yellow Tail Road Annette Mansfield , 775-771-8093 $1,325,000 230006821 4951 Skyridge Lane Felisa Cusimano-Martin , 775-250-8033
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $1,295,000 230006316 605 Douglas Fir Drive Marilyn Minor , 775-284-3031 $1,295,000 230004192 16195 Clarence Jasmine Drive Donna Fuller , 775-815-7250 $1,295,000 220012429 2375 North Harbor Circle Cathy Hamel , 775-224-1957 $1,288,000 230007954 3521 Cheechako Circle Sarah Hughes , 775-741-4011 $1,270,000 230001922 100 Burke Drive Amanda Siebers , 775-450-6289 $1,250,000 230001800 1851 Laurel Ridge Drive David Hughes , 775-771-1783
$1,250,000 230003949 2350 Trail Ridge Court David Hughes , 775-771-1783 $1,200,000 220014228 100 Scott Court Mary Mentaberry , 775-848-0361
PENDING
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. PENDING $1,200,000 230005906 815 Flanders Road Clay Alder , 775-745-5708 PENDING $1,199,000 230002944 9137 Wild Skies Cathy Hamel , 775-224-1957 PENDING $1,189,995 230004449 5517 Western Rider Trail Heather Houston , 828-489-8124 PENDING $1,188,800 230003150 2000 Vernon Drive Jeffrey Loftin , 775-468-7325 PENDING $1,185,000 230006410 200 Mugo Pine Circle Joseph Wieczorek , 775-335-5962 $1,175,000 230004824 5780 Laurel Road Kyle Wentz , 775-720-1981 $1,159,995 230007342 5560 Western Rider Trail Heather Houston , 828-489-8124 PENDING $1,150,000 230004388 1655 Verdi Vista Court Ana Hooker , 775-671-8544
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. PENDING $1,149,990 230005308 2610 Strathmore Court Justin Hertz , 775-223-7555 $1,142,995 230007341 5548 Western Rider Trail Heather Houston , 828-489-8124 $1,130,000 230002566 5790 Whiskey Springs Road Richard Berman , 775-450-1940 PENDING $1,125,000 230006834 2290 Watt Street Carol Bond , 775-690-1870 $1,100,000 230005026 335 Hillcrest Drive Savannah Beauchemin , 775-291-2202 $1,093,995 230007339 5541 Western Rider Trail Heather Houston , 828-489-8124 PENDING $1,080,000 230004781 5548 Dapplegray Way Heather Houston , 828-489-8124 $1,069,995 230007346 5566 Western Rider Trail Heather Houston , 828-489-8124
Current Dickson Luxury Listings
Click on the MLS number to view each listing online. $1,050,000 220014610 24 Persano Street Heather Houston , 828-489-8124 PENDING $1,050,000 230004001 3207 Red Leaf Court Heidi McFadden , 775-232-4188 PENDING $1,049,938 230007810 3491 Tillamook Court Charles Johns , 775-750-8883 $1,049,000 220007338 6436 Bonde Farms Lane J.D. Drakulich , 775-342-5883 PENDING $1,040,000 220006723 68 Caballada Street Heather Houston , 828-489-8124 PENDING $1,040,000 220006722 70 Caballada Street Heather Houston , 828-489-8124 $1,032,995 230007959 5533 Western Rider Trail Heather Houston , 828-489-8124 $1,028,995 230007344 5554 Western Rider Trail Heather Houston , 828-489-8124
Current Dickson Luxury Listings
Click on the MLS number to view each listing online.
PENDING
220006720 69 Caballada Street Heather Houston , 828-489-8124
$1,015,000
Downsize Your Home, Upgrade Your Life.
Downsize Your Home, Upgrade Your Life.
Leave the Hassles of Home Maintenance Behind
The Villas at Rancharrah is unlike any community in the Reno area. Tour it and you’ll see.
Leave the Hassles of Home Maintenance Behind
Leave the Hassles of Home Maintenance Behind
The Villas at Rancharrah is unlike any community in the Reno area. Tour it and you’ll see.
Upgraded features come standard, luxury and comfort are prioritized, and life is inspiring with every season. If you’re looking for the best in Reno living, this is it. Call Heather at 775-420-4292 or visit TheVillasRancharrah.com to schedule a tour.
Upgraded features come standard, luxury and comfort are prioritized, and life is inspiring with every season. If you’re looking for the best in Reno living, this is it. Call Heather at 775-420-4292 or visit TheVillasRancharrah.com to schedule a tour.
The Villas at Rancharrah is unlike any community in the Reno area. Tour it and you’ll see.
Upgraded features come standard, luxury and comfort are prioritized, and life is inspiring with every season. If you’re looking for the best in Reno living, this is it. Call Heather at 775-420-4292 or visit TheVillasRancharrah.com to schedule a tour.
Downsize Your Home, Upgrade Your Life.
Offered by: Dickson Realty, Heather Houston, Realtor, NV Lic# S.176629
Offered by: Dickson Realty, Heather Houston, Realtor, NV Lic# S.176629
Offered by: Dickson Realty, Heather Houston, Realtor, NV
WHAT A WONDERFUL WORLD
Take a trip around the globe with seven sights springing straight from nature
By LISA KLEIN
TRAVEL | NATURAL WONDERS
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The Earth is packed with awe-inspiring natural marvels created from nothing but the processes of geology and life. Yet many go underappreciated in favor of more modern, manmade achievements.
The Seven Natural Wonders Foundation teamed up with cable broadcaster CNN to change that, compiling a list of the “Seven Natural Wonders of the World” to inspire people to visit and preserve all of the wild and amazing natural places on the planet.
Aurora borealis
Bright waves of blues, greens, purples and pinks dazzle across the pitch-black night sky each winter in the northern reaches of the globe. No, it is not a laser light show, but the natural phenomenon, aurora borealis, also known as the northern lights.
Geomagnetic storms on the sun shoot electrons out at high speeds, which collide with particles such as nitrogen and oxygen in Earth’s atmosphere, releasing light as they calm down.
The stunning displays, seen as a colored glow or waves, occur from September to April in northern-latitude places such as Alaska, northern Canada, Iceland, Greenland, Estonia, Finland, Sweden and Norway — the closer to the North Pole, the better.
The best locations to see the aurora may be frigidly cold, but they also have little-to-no light pollution and clear skies. They also have quite a dark backdrop, with only a few hours of sunlight during the season. In the far north, during Polar Night, the sun does not rise above the horizon for two months.
Luxury Portfolio Magazine || 107
bealis, Norway stock.adobe.com Aurora Norway.
Victoria Falls
Deep in southern Africa, the calm waters of the Zambezi River, the fourth longest in Africa, violently plunge into the depths of a 355-foot-deep gorge.
The largest waterfall curtain in the world, Victoria Falls flows at the border between Zimbabwe and Zambia. Victoria drops into a narrow chasm of just 80–240 feet wide and more than a mile long. At the bottom of the falls is a deep pool called the Boiling Pot, where the waters of the Zambezi churn among rocks and rapids.
Victoria Falls is known for not only its size and unique shape, but for the mist and rainbows created by its waters. Locals named the waterfall Mosi-oa-Tunya — “the smoke that thunders.”
The clouds of mist rising from the gorge can be seen from more than 30 miles away and the crashing water can be heard beyond 24 miles. The falls are surrounded by lush forests and grasslands populated by a menagerie of African animals such as hippopotamuses, antelopes, elephants, giraffes, zebras, lions and leopards.
Mount Everest
The bucket list climb to top them all, Mount Everest rises above everything else on Earth. The highest point on the planet’s surface, on the border of Nepal and Tibet, Everest towers 29,032 feet from base to peak.
Part of a massif in the Himalayas, it lies at a focal point of tectonic action between the Indian and Eurasian plates and continues to grow by a fraction of an inch every year — layers of granite, limestone and ancient sedimentary rock pushed up over millennia.
The peak of Everest is so high that oxygen levels are a third of those at sea level. That, combined with strong winds and extreme cold, means nothing lives near the summit.
Mountain climbers come to the area — which is so remote there were no roads until recently — for a fleeting chance to reach that summit, which was only first accomplished in 1953 by Sir Edmund Hillary and Tenzing Norgay. Since then, more than 6,000 people have made it to the top, while 300-plus have perished trying.
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Mount Everest, Nepal. stock.adobe.com
Victoria Falls, Africa. stock.adobe.com
Guanabara Bay
Rio de Janeiro, Brazil, is known for many things — its fun-loving Carioca culture, wild Carnival celebrations and colorful samba music. But one nature-made Rio icon embodies them all — Guanabara Bay.
Bays form when ocean water erodes softer materials on shore, stopping when it reaches harder ones. This picturesque and massive one on the Atlantic coast is surrounded by granite monoliths and mountains, such as Sugar Loaf Mountain, and dotted with more than 130 small islands, the shores loaded with beaches and the famed Christ the Redeemer statue towering in the distance.
Guanabara Bay, about 19 miles long and 18 miles wide, is the largest in the world by water volume. The bay holds not just water but the history of Brazil.
There is evidence of native peoples at the bay dating back to prehistoric times. When Portuguese explorers landed there on a 16th-century January day, they thought they were at the mouth of a giant river, naming the spot River of January — Rio de Janeiro.
Paricutín volcano
One of the youngest volcanoes in the world, Paricutín erupted for nine years in the Mexican state of Michoacán, 200 miles west of Mexico City.
A cinder cone volcano, which erupts from a single opening in the earth’s crust and ends up with a bowl-shaped crater and steep sides, Paricutín lies on the Trans-Mexican Volcanic Belt, which includes the Sierra Nevada Mountain range.
Until 1943, Paricutín was not there. After weeks of small earthquakes and loud rumblings, a fissure opened in a local farmer’s cornfield and within hours, a crater had formed. The volcano rose 1,475 feet in its first year, continuing to spew lava and ash until 1952 and burying the town that is its namesake.
Paricutín now stands at 9,210 feet with a 660-foot-wide crater and is considered to be dormant. Earthquakes are still common in the area and the volcano remains hot enough that rainwater creates steam when it falls on it, but visitors can climb all the way to the top.
Guanabara Bay, Brazil. stock.adobe.comLuxury Portfolio Magazine || 109
Paricutín volcano, Mexico. shutterstock.com
Great Barrier Reef
There is only one living thing on Earth that is visible from space, and it lies underwater. The world’s largest formation created by organisms, the Great Barrier Reef is also the largest “rainforest of the sea.”
The small, soft-bodied coral polyp is responsible for the many coral reefs in the oceans, constructing hard exoskeletons for themselves out of calcium carbonate secretions. When they congregate together, the results are watery ecosystems teeming with life — and must-visit locations for every avid scuba diver and snorkeler.
The Great Barrier Reef covers 134,000 square miles off the northeastern coast of Australia, consisting of more than 900 islands and 3,000 distinct reef formations.
Although spectacular from above, the real action is underneath the surface. One of the most diverse ecosystems in the world, 25 percent of all known marine species can be found in the reef: 600 types of coral, 1,600 species of fish, rays, dolphins, sharks, whales, sea turtles, giant clams and the endangered Dugong, among them.
Grand Canyon
Standing out among the many canyons formed along rivers across the world is the Grand Canyon in Arizona, in the southwestern United States, thanks to its seemingly never-ending vistas.
The gorge was carved over millions of years by the meandering Colorado River and now hits about 6,000 feet at its deepest point. The canyon, known for its rust reds and sedimentary stripes that keep geologic time, cuts through 277 miles in the desert. Some rock deposits found at the bottom date back 2 billion years.
As seen from its rims, the canyon stretches as far as the eye can see. Hiking trails lead through the surrounding desert landscape. It is also possible to hike all the way to the bottom or take a whitewater rafting trip through the towering canyon walls.
From above, the South Rim — the most popular viewpoint — is open all year long. The North Rim is much more remote and less crowded, but is only open from May to October due to weather.
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Great Barrier Reef, Australia stock.adobe.com
Grand Canyon, United States. stock.adobe.com
SOLD $5,000,000 Seller & Buyer Representation Sullivan Neal Luxury, 775-849-9444 Montreux SOLD $4,150,000 Seller Representation Sullivan Neal Luxury, 775-849-9444 Montreux Buyer Representation M.C. Pierson, 775-742-9442 SOLD $3,800,000 Seller Representation Sullivan Neal Luxury, 775-849-9444 Montreux SOLD $3,425,000 Seller Representation Sullivan Neal Luxury, 775-849-9444 Montreux SOLD $3,313,000 Seller Representation Kathy Leggett, 775-287-8620 Southwest Foothills Buyer Representation Kathie Bartlett, 775-741-5675 SOLD $3,250,000 Seller Representation Joseph Wieczorek, 775-335-5962 Old South Suburban SOLD $3,250,000 Seller Representation Laura Beck, 775-742-4093 Incline Village SOLD $2,825,000 Seller Representation Shelby Manley, 775-300-9137 Rancharrah
2nd Quarter Significant Sales
2nd Quarter Significant Sales
SOLD $2,774,653
Seller Representation
Sullivan Neal Luxury, 775-849-9444
SOLD $2,750,000
Seller & Buyer Representation
Sullivan Neal Luxury, 775-849-9444
SOLD $2,750,000
Seller Representation
Louise Simpson, 775-750-1901
SOLD $2,495,000
Seller Representation
Ivy Cohen, 775-830-7821
SOLD $2,375,000
Seller Representation
Mandy Limbert, 775-453-8488
SOLD $2,375,000
Seller Representation
Rebecca Dickson, 775-742-2120
SOLD $2,242,271
Seller Representation
Heather Houston, 828-489-8124
Old
Buyer Representation Mandy Limbert, 775-453-8488
SOLD $2,220,000
Seller Representation
Denise Fox, 775-742-6013
St. James Village Montreux Montreux Saddlehorn Somersett Southwest Reno Rancharrah Southwest Reno
SOLD $2,190,000 Seller Representation Clay Alder, 775-745-5708 Old South Suburban SOLD $2,175,000 Seller Representation Joseph Wieczorek, 775-335-5962 Juniper Estates Buyer Representation Chris Whitney, 775-772-2253 SOLD $2,000,000 Seller Representation Lori Welsh, 775-771-6574 Mountaingate
2nd Quarter Significant Sales
Like us on Facebook | Follow us on Instagram | Follow us on LinkedIn DicksonRealty.com | info@dicksonrealty.com © 2023 Dickson Realty. All rights reserved. Although the information above is deemed reliable, Dickson Realty does not guarantee its accuracy. Some rights reserved. DOWNTOWN RENO 775.324.7000 CAUGHLIN RANCH 775.746.7000 DAMONTE RANCH 775.850.7000 SOMERSETT 775.746.7222 MONTRÊUX 775.849.9444 SPARKS 775.685.8800 INCLINE VILLAGE 775.831.6600 TRUCKEE 530.587.7444 PORTOLA 530.832.1700 NORTHSTAR 530.562.1140 CARSON CITY 775.882.6300 GARDNERVILLE 775.882.6300 NV Lic#: B.0019733CORP