$599,000 Active
10810 Chesapeake Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,025 Sq Ft

About This Property

Country living with room to breathe, just minutes from town. This well-maintained single-story home sits on just over 2 acres in Lemmon Valley, offering space, privacy, and practical upgrades without sacrificing convenience. Mountain views, a level lot, and a short hop to US-395 make it an easy base for everyday life in the North Valleys. The lot offers many opportunities, whether its horses or a large shop. Step inside to an easy single-level floor plan with high ceilings, no interior steps, ceiling fans, and walk-in closet space. A cozy wood-burning fireplace anchors the living area. Complete HVAC system including ductwork is about 3 years old, water pressure tank replaced about 2 years ago and updated electrical. Well water and septic serve the property. Cooling is central air; heat includes heat pump, propane, and wood.

Listed by Sam Stout — LPT Realty, LLC

Listing Details

Status Active
MLS # 260011987
Days on Market 3
Price/Sq Ft $296

Property History

Sep 17, 2026
Listed for sale
$599,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,025
Lot Size 2.10 acres
Stories 1
Year Built 1985
Property Type Single Family Residence
Subdivision Heppner 1
STR Jurisdiction Washoe County
APN 080-287-06
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features RV Hookup
Lot Features Level
View Mountain(s)
Construction Concrete, Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Heat Pump, Propane
Cooling Central Air
Financial
Annual Tax $947
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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