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Investing In Wolf Run‑Area Homes At Fieldcreek

October 23, 2025

Thinking about a golf course home that also works as a long-term investment? If Fieldcreek and the Wolf Run corridor are on your list, you’re not alone. You want clear numbers, risk checks, and a simple plan before you move. This guide gives you a focused look at home types, price trends, rental potential, taxes, HOAs, and due diligence so you can buy with confidence. Let’s dive in.

Why Fieldcreek and Wolf Run

Fieldcreek sits in southwest Reno with convenient access to I-580 and the Mount Rose corridor. The neighborhood is known for custom homes, spacious lots, and wide views. The 18-hole Wolf Run Golf Club opened in 1998 and anchors the area’s lifestyle with practice facilities and on-site dining.

Inside Fieldcreek, The Fairways is a gated enclave that lines parts of the course and offers estate-style parcels. Learn more about the community layout and HOA contacts on the Fairways at Fieldcreek Ranch site.

Home types and price context

Most homes here are custom-built single-family properties on roughly half-acre to 1-acre lots, with many in the 2,000 to 5,000 plus square foot range. Construction dates often run from the 1990s through the 2000s with select infill and newer builds. The Fairways features larger estate lots and a small number of custom homes on expansive parcels.

For pricing context, the 89511 zip code, which includes Fieldcreek, posted a 12-month median sold price near $1,199,000 in June 2025, up about 9 percent year over year, according to Rocket’s 89511 market report. That places Fieldcreek in a higher-value band relative to the broader Reno median. Actual prices vary widely based on golf frontage, view corridors, lot size, and home condition.

Investor dynamics and returns

High asset values in 89511 mean gross rental yields are typically lower than in more affordable submarkets. Single-family rents vary by size and finish, with many properties falling from the mid $2,000s to $5,000 plus per month, based on local rental data sources and recent leases referenced in the research. Use current local comps to set realistic rent and vacancy assumptions.

This area often suits investors who value long-term appreciation, lifestyle use, or hybrid strategies over pure cash flow. If you plan to hold, focus on lot quality, floor plan flexibility, and any unique features that support resale.

Taxes, zoning, and HOAs to know

Nevada calculates assessed value at 35 percent of the appraised value, and primary residences are subject to a 3 percent cap on annual tax-bill increases. Investment properties can be treated differently, so verify your status and current rates with the county. For details, see the Washoe County Assessor FAQ.

Zoning in the Fieldcreek area is typically low-density suburban with single-family use, but parcel-level rules vary. Confirm setbacks, coverage, and any accessory structure standards on county mapping tools listed in the Washoe County zoning and mapping resources.

If you are shopping in The Fairways or other HOA areas, review CC&Rs, design guidelines, budgets, and rental rules before you write. Start with community information on the Fairways site and the HOA manager page at Kenyon & Associates.

Wildfire, flood, and insurance

Wildfire is an active planning focus in the Reno region. Insurers continue to adjust underwriting and pricing, so get quotes early and ask how hazard ratings may affect eligibility. The City’s CWPP updates are a good primer on local mitigation efforts; see the Reno CWPP news page.

Fieldcreek is largely upland, yet every parcel should be checked for drainage features or mapped flood zones. Confirm designations on official FEMA maps and county mapping tools. For federal notices and map updates, visit the FEMA Map Service references.

Schools and everyday logistics

Many Fieldcreek addresses are assigned to Elizabeth Lenz Elementary, Marce Herz Middle School, and Galena High School. Always confirm school boundaries with WCSD for a specific address. For school profile context, you can review Elizabeth Lenz Elementary.

Daily needs are close by, with shopping and services along the Summit Sierra and Damonte Ranch corridors. The neighborhood also offers straightforward freeway access to central Reno and Reno–Tahoe International Airport.

Rental strategy and property management

If you plan to lease your home, build your model around realistic rent, conservative vacancy assumptions, and full operating costs. In this price band, some properties experience longer lease-up times. Consider strategies that enhance demand, such as flexible layouts, durable finishes, and well-maintained outdoor spaces.

For clarity on market rent, speak with local property managers and pull several recent lease comps. Match your finish level and lot profile to true comparables before you buy.

Step-by-step due diligence

Use this checklist to stress test your purchase:

  • Pricing and comps
    • Review 90 to 180 days of local sales and actives within the same micro-area (golf-front vs. non-golf, lot size, views).
  • Taxes and ownership costs
    • Pull parcel tax history and model future taxes using the 35 percent assessed value framework and caps outlined by the Washoe County Assessor.
  • Zoning and development
  • HOA review (if applicable)
  • Insurance and risk
  • Inspections and site conditions
    • Order a full home inspection. For hillside or elevated lots, consider geotechnical input if you plan structural changes. Check county permit history via Community Services resources.
  • Rental modeling
    • Gather local lease comps, estimate vacancy, and consult managers on pricing and tenant screening.

Who this area fits

You may be a good fit for Fieldcreek and the Wolf Run corridor if you value generous lots, golf and mountain scenery, and access to south Reno services. The area tends to reward buyers who prioritize long-term appreciation and quality of life. If your strategy is lifestyle-first with disciplined underwriting, this location belongs on your shortlist.

Let’s connect

If Fieldcreek feels like the right move, you deserve a clear plan from search to closing and beyond. For a tailored strategy, neighborhood insight, and full-service execution, reach out to Sonja Leonard for a confidential consultation.

FAQs

What and where is Fieldcreek’s Wolf Run area?

  • Fieldcreek is a custom-home neighborhood in southwest Reno that runs along the corridor of the 18-hole Wolf Run Golf Club, with convenient access to I-580 and the Mount Rose corridor.

Are home prices here higher than Reno overall?

Do homes in The Fairways have HOA rules?

How are property taxes calculated in Washoe County?

  • Assessed value is 35 percent of appraised value, and primary residences have a 3 percent cap on annual tax-bill increases. Details are on the Washoe County Assessor FAQ.

What should I know about wildfire and insurance?

  • Wildfire is an active local risk. Obtain insurance quotes early and review mitigation efforts through the City’s CWPP update page.

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