$625,000 Active
10787 Grayslake 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
·
2.0 Baths
·
1,528 Sq Ft
Virtual Tour

About This Property

Welcome home to this beautifully maintained single-story residence offering 3 bedrooms, 2 bathrooms, and 1,528 square feet of thoughtfully designed living space. From the moment you arrive, you'll be captivated by the impeccable curb appeal featuring lush green lawns and mature shade trees that create a welcoming retreat from the summer sun. Step inside to discover a spacious great room highlighted by soaring ceilings, brand-new carpet, and a cozy fireplace that creates the perfect atmosphere for relaxing or entertaining. Just beyond, the kitchen overlooks the living space and is beautifully appointed with matching stainless-steel appliances including a brand new dishwasher, gleaming granite countertops, and an abundance of upper and lower cabinetry to accommodate everything from everyday essentials to bulk storage. The private primary suite offers a peaceful escape with a generous walk-in closet, dual vanities, a soaking garden tub, and a separate shower. Two additional bedrooms feature high ceilings, spacious closets, and easy access to the well-appointed second full bathroom. The entire home enjoys new carpet throughout as well as a new furnace heat exchanger and blower. Outside, the backyard provides a tranquil setting to enjoy Northern Nevada's beautiful seasons. An expansive paver patio offers the perfect place for outdoor dining and gatherings, while vibrant rose bushes, flourishing garden boxes, and lush green grass create a picturesque backdrop. Move-in ready and meticulously cared for, this charming home is ready for its next owner. Don't miss your opportunity to experience all it has to offer—schedule your private tour today!

Listed by Jesse Morales — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260007717
Days on Market 1
Price/Sq Ft $409

Property History

Jun 16, 2026
Listed for sale
$625,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,528
Lot Size 0.12 acres
Stories 1
Year Built 2012
Property Type Single Family Residence
Subdivision Villages At Damonte Ranch 19B-2
STR Jurisdiction Washoe County
APN 140-821-13
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, 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 $3,254
HOA Fee $90 / Quarterly
HOA / Community Damonte Ranch LMA
Schools
Elementary School JWood Raw
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities None
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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% ($125,000)
Home price
$625,000
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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