$1,650,000 Active
1155 Sharon Way
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.0 Baths
·
2,992 Sq Ft
Virtual Tour

About This Property

Reimagined from top to bottom, this old southwest single-story home features designer updates and modern touches, all set within one of the area's most desirable neighborhoods. What truly sets this property apart is the exceptional detached guest house — intentionally designed as a dynamic extension of the home for work, creativity, entertaining, and hosting. Complete with its own bedroom, full bathroom, bar, office, and flexible living space, it offers endless possibilities. Thoughtfully created by musicians and creatives, the space was purposefully designed to function as a private music lounge, recording studio, guest retreat, and inspiring work-from-home environment, all centered around and promoting seamless indoor-outdoor living. The custom serving bar opens directly to the outdoor dining area, creating the perfect setting for entertaining under the lights, gathering around the fire pit or simply enjoying the calming water feature. The modernized brick aesthetic creates a warm, cohesive design that connects every space beautifully. And even with all of this, there's still room for everyday life to unfold in the spacious backyard. With a two-car garage and RV parking, this home offers flexibility that's nearly impossible to find in this neighborhood. With a total of five bedrooms, three full bathrooms and a backyard designed for connection and creativity, this property delivers a rare blend of modern living, functionality and resort-style atmosphere. This isn't just a home. It's a place people will never want to leave.

Listed by Samantha Reveley — Dickson Realty - Downtown

Listing Details

Status Active
MLS # 260006782
Price/Sq Ft $551

Property History

May 28, 2026
Listed for sale
$1,650,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,992
Lot Size 0.25 acres
Stories 1
Year Built 1953
Property Type Single Family Residence
Subdivision Etcheberry Addition
STR Jurisdiction Washoe County
APN 010-272-05
Parking
Garage Spaces 2
Total Parking 3
Parking Features Additional Parking, Attached, Electric Vehicle Charging Station(s), Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Artificial Turf, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Brick, Stucco
Roof Composition, Metal, Pitched
Foundation Slab
Financial
Annual Tax $3,181
Schools
Elementary School Beck
Middle School Swope
High School Reno
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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% ($330,000)
Home price
$1,650,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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