$665,000 Active Under Contract
10047 Cascade Falls Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,880 Sq Ft
Virtual Tour

About This Property

Beautiful Damonte Ranch home with 4 bedrooms (assessor has 3 listed) and 2 full bathrooms, living room, family room with gas fireplace, and nice open kitchen with newer appliances. The patio with upgraded automatic awnings provides a wonderful spot for al fresco dining. Primary bedroom has access to the patio, large bathroom with jetted tub and walk in closet. Interior walls have a custom old world texture, and unlike most homes in this area, the home has a crawl space providing convenient access to plumbing and other utilities. The Damonte Ranch Wetland Loop is half a block away, perfect for walking, running, and biking with scenic views of wetlands and Mt. Rose. Open year-round, it is highly accessible, pet-friendly (on-leash), and features wildlife viewing, including migratory birds. The home is conveniently located to schools, shopping and restaurants yet in a lovely, quiet neighborhood.

Listed by Diane Abbott — Chase International-Damonte

Listing Details

Status Active Under Contract
MLS # 260005663
Days on Market 2
Price/Sq Ft $354

Property History

May 07, 2026
Listed for sale
$665,000
Current
Pending
$665,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,880
Lot Size 0.16 acres
Stories 1
Year Built 2004
Property Type Single Family Residence
Subdivision Villages At Damonte Ranch 12B
APN 140-383-05
Parking
Garage Spaces 3
Total Parking 6
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s)
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stone Veneer, Stucco
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $3,703
HOA Fee $99 / Quarterly
HOA / Community Damonte Ranch
Schools
Elementary School JWood Raw
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities None
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($133,000)
Home price
$665,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373