$825,000 Active
1198 Coral Way
Carson City, NV 89703
STR Status Unknown
3 Beds
·
2.0 Baths
·
2,520 Sq Ft

About This Property

Welcome to 1198 Coral Way. Nestled in Highlands Estates, this 3-bedroom, 2-bath home offers 2,520 square feet of inviting living space on a generous .39-acre lot with views of Carson City and spectacular sunrises. Designed for both everyday living and entertaining, the home's open floor plan creates a seamless flow between the living spaces, while two cozy gas fireplaces add warmth and charm. Just off the main living area, the sunroom provides the perfect place to relax with a morning cup of coffee, unwind with a good book, or start a luscious greenhouse. This home has been thoughtfully maintained with major updates already completed, including a new furnace, air conditioning system, water heater, irrigation, exterior paint, and a newer roof. Outside, the spacious backyard features a lush lawn, tranquil water feature, storage shed, and ample room to create RV parking, all with the freedom of no HOA. Complete with a two-car garage, incredible views, and a location that's hard to beat, 1198 Coral Way offers the perfect blend of comfort, functionality, and outdoor living. This is more than a home—it's a place to enjoy everything Carson City has to offer.

Listed by Owen Elvrum — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260007837
Price/Sq Ft $327

Property History

Jun 18, 2026
Listed for sale
$825,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,520
Lot Size 0.39 acres
Stories 1
Year Built 1990
Property Type Single Family Residence
Subdivision Highland Estates
APN 003-355-04
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s)
Construction Frame
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,702
Schools
Elementary School Bordewich-Bray
Middle School Carson
High School Carson
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($165,000)
Home price
$825,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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