New Listing: 16295 Mount Rose Highway

Panoramic Mt. Rose Retreat: Luxurious Living, Expansive Land, and Income Potential

$1,665,000 | 4 Bedroom | 3.5 Bath | 4.97 Acres | 3180 SQ FT

($30,000 Price Reduction from $1,698,000)

VIEW 16295 Mt. Rose Highway

Nestled on 4.97 acres of pristine land just off Mt. Rose Highway, directly across from Montreux without the HOA constraints, this extraordinary property offers breathtaking panoramic views of Mt. Rose, a fully renovated 2,225 sq ft main home, and a historic 1,100 sq ft secondary structure with modern upgrades. With a total of four bedrooms, three and a half baths, and 3,325 sq ft of living space (including a 1,880 sq ft partially finished basement), this estate blends timeless charm, contemporary luxury, and versatile income potential, all minutes from world-class skiing, hiking, and Lake Tahoe.

A Masterfully Renovated Main Home

Originally built in 1973 as the first residence on this side of the highway, the main home began as a humble one-room firehouse and has been thoughtfully expanded and remodeled over two years into a modern masterpiece. The chef’s kitchen is a standout, featuring Dolomite marble countertops, high-end appliances, an induction stove, and a sleek wall refrigerator. Its wide breakfast bar and open layout invite family gatherings, with stunning Mt. Rose views enhancing every moment. Recent upgrades include Milgard Ultra Series fiberglass tempered glass windows for a quiet retreat, new Class A-rated board and batten siding for durability and aesthetic appeal, and modern flooring throughout.

The home’s layout balances connection and privacy. On one side, two bedrooms connect to a cozy family room, perfect for shared moments. The living room, anchored by a classic pellet stove set against a striking stone wall, provides warmth and ambiance year-round, with panoramic mountain views. The primary suite, housed in the original 1973 firehouse, offers a private sanctuary with an additional room ideal for a home office, nursery, or studio. All bathrooms feature radiant heated floors for luxurious comfort, and energy-efficient mini-split heating and air conditioning units ensure year-round efficiency. The property is self-sufficient with its own well and septic system.

The partially finished 1,880 sq ft basement expands the home’s versatility, currently configured with a home theater, gym, family room, and workshop. This flexible space offers ample storage and endless possibilities for customization, whether as additional living areas or specialized hobby spaces.

Historic Secondary Structure with Modern Upgrades

Steps from the main home, the 1,100 sq ft secondary structure, originally built in 1984 as a fire and ambulance station with the help of local firefighters, has been transformed into a versatile asset. The upstairs features a fully renovated 448 sq ft studio apartment with updated flooring, a refreshed bathroom, and modern appliances. Downstairs, a 650 sq ft space is framed and county-permitted for a future apartment, ready for finishing. The building also includes two oversized garage bays with new openers, ideal for storing recreational vehicles, tools, or equipment. A new roof and updated electrical panel enhance reliability, while a separate well and septic system ensure independence. Each unit and garage space has its own entrance and locking doors, making this structure perfect for rental income, guest accommodations, or extended family.

Expansive Grounds and Endless Possibilities

Zoned High Density Rural (HDR), the 4.97 acre property offers remarkable flexibility for equestrian facilities, multi-family housing, home business operations, or future development. Extensive new landscaping, supported by a smart irrigation system, enhances the property’s usability and curb appeal while framing unforgettable views of Mt. Rose. A spacious deck and patio at the main home, along with a welcoming front entrance, provide ideal spots for entertaining or relaxing amidst the natural beauty. With trails at your doorstep and proximity to skiing, mountain biking, hiking, and Lake Tahoe, outdoor recreation becomes a way of life.

A Rare Opportunity

This Mt. Rose estate, free from HOA restrictions and offered at a fraction of the cost of neighboring Montreux properties, is a testament to thoughtful design, historical significance, and modern luxury. Whether you envision a multi-generational retreat, a lucrative investment, or a serene full-time residence, this property delivers unmatched charm and potential. Schedule a tour today to experience this mountain oasis and envision its possibilities for your family or investment portfolio.

Quick Takes

Modern Elegance in the Main Home

Originally a 1973 firehouse, the main home blends historic charm with contemporary upgrades:

• Gourmet Kitchen: Dolomite marble counters, high-end appliances, induction stove.

• Premium Features: Milgard windows, Class A-rated siding, new flooring, radiant heated bathroom floors, and mini-split heating/cooling.

• Flexible Space: 1,880 sq ft basement with a theater, gym, and workshop, plus a private primary suite with an office.

Versatile Secondary Structure

The 1,100 sq ft former fire station includes:

• A renovated upstairs studio and a permitted 650 sq ft lower space for a future apartment.

• Two oversized garage bays with new openers, a new roof, updated electrical, and a separate well and septic system—ideal for rentals or guests

4.97 Acres Of Natural Beauty 

Expansive land for equestrian, multi-family, or business uses:

• New river rock surrounds and enhances the landscape
• New trees, flowers and bushes groomed- sprinkler system throughout
• Patios and deck to enjoy outdoor living

View 16295 Mount Rose Highway on Sierra Sotheby's International