$1,045,000 $1,119,000 ↓ $74,000 reduced Active
10250 Mother Lode Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,607 Sq Ft

About This Property

Enjoy wide-open mountain views in the sought-after Damonte Ranch, one of Reno's best areas for space, privacy, and outdoor living. This 3-bedroom, 2.5-bath home offers 2,616 sq ft on a generous 0.24-acre lot, giving you room to relax and grow. The large backyard is fully fenced and includes covered RV parking, and storage shed ; perfect for tools, toys, or hobbies. Inside, you'll find a spacious layout with comfortable living areas designed for everyday life and entertaining. Located just a short drive to South Reno shopping, dining, and major routes, this home blends quiet country feel with city convenience. A rare chance to own in Damonte Ranch with stunning views and room to breathe!

Listed by Paul Dunham — Elevate Realty

Listing Details

Status Active
MLS # 260004850
Days on Market 67
Price/Sq Ft $401

Property History

Apr 22, 2026
Listed for sale
$1,045,000
Jun 25, 2026
Price changed
$1,045,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,607
Lot Size 0.24 acres
Stories 1
Year Built 2021
Property Type Single Family Residence
Subdivision Palisades Phase 3
STR Jurisdiction Washoe County
APN 145-332-02
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $7,066
HOA Fee $155 / Quarterly
HOA / Community Damonte Foothills
Schools
Elementary School JWood Raw
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Landscaping
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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% ($209,000)
Home price
$1,045,000
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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