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Luxurious Truckee River Estate on Sale for $12.9M

The Mathewson River Estate, a stunning property named after the late gaming executive and philanthropist Charles “Chuck” Mathewson, is now available for purchase at the price of $12.9 million. Situated along the picturesque banks of the Truckee River, this estate is a true gem in the heart of Reno, Nevada.

A Legacy of Innovation and Philanthropy
Chuck Mathewson, who passed away in 2021 at the age of 93, left behind a legacy of innovation and philanthropy. He spent over two decades leading International Game Technology (IGT), a renowned gaming machine manufacturer and distributor. Under his leadership, IGT underwent significant technological advancements that revolutionized the casino industry, propelling the company to global recognition.

Both Chuck and his wife, Stacie Mathewson, were active philanthropists, generously donating to various organizations and initiatives. Their contributions led to the establishment of the Mathewson-IGT Knowledge Center and the Mathewson Gateway projects at the University of Reno. Stacie further founded the Stacie Mathewson Behavioral Health & Addiction Institute at Renown Health in Reno, showcasing their commitment to education and community well-being.

The Mathewson River Estate: A Unique Offering
The Mathewson River Estate is a one-of-a-kind property spanning 2.35 acres of lush, gated grounds. Boasting 8,279 square feet of living space, the single-story residence features five en suite bedrooms, including a private primary suite, a casita, and separate family and guest wings. The estate also includes an executive office with a fireplace, a media room, a gym, a contemporary chef’s kitchen, a wet bar, and 18-foot vaulted wood-beamed ceilings.

Ann Mudd and Shari Chase of Chase International Luxury Real Estate are handling the listing of this exceptional property, which offers a seamless blend of luxury, comfort, and privacy. The estate’s location, just three miles from downtown Reno, provides a perfect balance of seclusion and convenience, making it an ideal retreat for discerning buyers.

A Tranquil Oasis by the River
One of the most enchanting features of the Mathewson River Estate is its serene setting along the Truckee River. With 310 feet of river frontage, the property offers breathtaking views and a sense of tranquility that is unmatched. The carefully landscaped gardens, mature trees, vibrant flowers, and elegant stonework create a peaceful retreat that harmonizes with the natural surroundings.

The back of the home is designed for relaxation and entertainment, with several conversation areas and a pergola overlooking the river. The soothing sounds of the flowing river enhance the ambiance, transforming the outdoor space into a serene getaway for residents and guests alike.

A Vision Realized: The Construction of the Estate
The Mathewson River Estate was a labor of love for Chuck and Stacie Mathewson, who purchased the property in 2009. Following Chuck’s heart surgery, the couple recognized the healing properties of the riverside location and embarked on a journey to create their dream home. Reno-based architect Dale Cox was enlisted to design the residence, drawing inspiration from mountain lodge aesthetics and maximizing views of the river.

Constructed during the Great Recession, the project faced challenges, but the Mathewsons were determined to see their vision come to life. The custom home was completed in just 10 months, showcasing the couple’s attention to detail and commitment to quality. Chuck was actively involved in the design process, selecting finishes and furnishings that reflected the elegant rustic design of the estate.

Luxury Meets Functionality: The Interior Spaces
The interior of the Mathewson River Estate is a testament to luxury and functionality. The spacious living areas are designed for entertaining, with a formal dining room, a great room with a stone fireplace, and a renovated chef’s kitchen that is perfect for hosting social gatherings. The kitchen features high-end appliances, a central island with granite countertops, and custom cabinetry, creating a stylish and practical space for culinary enthusiasts.

Floor-to-ceiling windows, sliding doors, and clerestory windows flood the interior with natural light and offer stunning views of the Truckee River. The primary suite is a sanctuary of elegance, featuring a cozy fireplace, Gucci wallpaper, and a luxurious bath with a freestanding tub and walk-in shower. The custom walk-in closets are designed for organization and display, showcasing the couple’s impeccable taste and attention to detail.

Expanding the Estate: A Vision for the Community
In addition to the main residence, the Mathewson River Estate includes a separate casita and a guest house, providing additional accommodations for family and visitors. Stacie Mathewson’s vision extended beyond the estate itself, as she purchased surrounding properties to create a gated community known as River Hawk Estates. The community features semi-custom homes designed by Dale Cox, offering a harmonious blend of luxury and natural beauty.

The Mathewson River Estate represents a unique opportunity to own a piece of Reno’s finest real estate, with a rich history of innovation, philanthropy, and vision. For those seeking a luxurious retreat in a serene riverside setting, this exceptional property offers a truly unparalleled living experience. Contact Ann Mudd and Shari Chase of Chase International Luxury Real Estate for more information on this extraordinary opportunity.