$489,000 Active
1182 Blue Lakes Road
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.0 Baths
·
1,417 Sq Ft

About This Property

Location, location, location! Nestled in the desirable neighborhood of Northwest Reno, this beautiful corner-lot home offers comfort, convenience, and endless potential. Featuring 3 spacious bedrooms and 3 full bathrooms, this well-designed home provides a functional and inviting layout perfect for everyday living and entertaining. Enjoy low-maintenance front and back yards, giving you more time to relax and enjoy your home. The property also offers RV or boat parking with easy access, a rare find in this area. Conveniently located close to schools, shopping, restaurants, parks, and easy freeway access, this home combines peaceful living with everyday convenience. Perfect for first-time home buyers, growing families, or as an investment opportunity. This property is a must-see!

Listed by Ania Sousa — Nevada's Best

Listing Details

Status Active
MLS # 260006744
Price/Sq Ft $345

Property History

May 28, 2026
Listed for sale
$489,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,417
Lot Size 0.14 acres
Stories 1
Year Built 1988
Property Type Single Family Residence
Subdivision Northgate 3B
STR Jurisdiction Washoe County
APN 200-112-01
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Multiple Entry Flat or Ramped
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Concrete
Roof Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $2,761
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
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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% ($97,800)
Home price
$489,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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