$925,000 Active
1055 Meridian Ranch Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
2,478 Sq Ft
Virtual Tour

About This Property

Welcome to one of the finest homes in Del Webb at Sierra Canyon, where quality, comfort, and an exceptional lifestyle come together. Perfectly positioned to capture beautiful views of open acreage and the surrounding mountains, this thoughtfully designed 4-bedroom, 4-bath home offers a rare combination of elegance and everyday livability. The spacious great room serves as the heart of the home, seamlessly blending the living, dining, and kitchen areas into one inviting space. Rich cherry-finished cabinetry, granite slab countertops, a large center island, pantry, beautiful wood flooring, and a gas-log fireplace create a warm and welcoming atmosphere that is ideal for both entertaining and quiet evenings at home. Step outside to the extended covered patio and landscaped xeriscape backyard, where the home's ideal orientation provides natural wind protection and creates the perfect setting for enjoying spectacular sunsets, mountain views, and comfortable summer evenings outdoors. Every detail reflects pride of ownership and quality construction, making this a truly special place to call home. Life at Sierra Canyon extends far beyond your front door. Residents enjoy the resort-style Aspen Lodge, featuring an indoor pool, state-of-the-art fitness center, indoor walking track, billiards room, library, meeting and activity rooms, expansive patio areas, fire pits, tennis and pickleball courts, nearby golf, miles of scenic walking trails, and an endless variety of clubs, events, and social activities. This is more than a home—it's a lifestyle, and one of the very best opportunities in Sierra Canyon.

Listed by Sally Small — Sierra Nevada Properties-Reno

Listing Details

Status Active
MLS # 260007578
Days on Market 1
Price/Sq Ft $373

Property History

Jun 12, 2026
Listed for sale
$925,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,478
Lot Size 0.18 acres
Stories 1
Year Built 2006
Property Type Single Family Residence
Subdivision Sierra Canyon At Somersett Village 7
STR Jurisdiction Washoe County
APN 234-373-14
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,308
HOA Fee $151 / Monthly
HOA / Community Sierra Canyon HOA
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities Clubhouse, Fitness Center, Golf Course, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
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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% ($185,000)
Home price
$925,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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