$399,000 Active Under Contract
1215 Conway Lane
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,314 Sq Ft

About This Property

This fully remodeled and beautifully maintained 3-bedroom, 2-bathroom end-unit townhome offers a comfortable, low-maintenance lifestyle in a location that puts the best of Reno/Tahoe living within reach. With 1,314 square feet and a thoughtfully designed two-story layout, the home offers a natural flow for everyday living, working from home, or hosting friends after a day outdoors. As an end unit, you'll enjoy added privacy along with great natural light throughout. Step outside and take advantage of everything the region has to offer—whether it's quick access to hiking and biking trails, weekends at Lake Tahoe, or enjoying Reno's growing dining and entertainment scene. Within the community, residents also enjoy access to RV storage & two pools—perfect for relaxing during the warmer months. Located within a well-kept HOA community, this home is designed for ease. The HOA covers landscaping, snow removal, and exterior maintenance—helping keep your time focused on lifestyle. Whether you're looking to stop renting or step confidently into homeownership, this is a great opportunity to own a move-in-ready home in Northwest Reno.

Listed by Natalie Livezey — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260003590
Days on Market 40
Price/Sq Ft $304

Property History

Mar 28, 2026
Listed for sale
$399,000
Current
Pending
$399,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,314
Lot Size 0.04 acres
Stories 2
Year Built 1977
Property Type Townhouse
Subdivision Sierra Loma 3
APN 001-340-12
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Greenbelt, Landscaped, Rolling Slope, Sloped Up
View Mountain(s), Park/Greenbelt, Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $1,100
HOA Fee $378 / Monthly
HOA / Community Sierra Loma
Schools
Elementary School Towles
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities Landscaping, Parking, Pool, Recreation Room, Storage
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($79,800)
Home price
$399,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373