$624,000 Active
1315 Grand Summit Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,206 Sq Ft

About This Property

Beautifully maintained and move-in ready, this 4-bedroom, 3-bathroom home in Reno's highly desirable Mayberry neighborhood offers the perfect combination of comfort, quality, and convenience. The thoughtfully designed floor plan features spacious living areas, a two-car garage, and numerous recent upgrades, including new carpet, an automatic sprinkler system, a recently replaced HVAC system, water heater, refrigerator, and dishwasher—providing peace of mind for years to come. Step outside to a fully fenced backyard complete with a covered pergola, creating the perfect setting for outdoor dining, entertaining, or simply relaxing in your own private retreat. Ideally located with quick access to Interstate 80, this home offers an easy commute to downtown Reno while placing the outdoor recreation, dining, and year-round adventure of Truckee and Lake Tahoe just a short drive away. Whether you're looking for everyday convenience or weekend escapes, this exceptional property delivers the best of Northern Nevada living.

Listed by Jayce Coziar — Sierra Sothebys Intl. Realty

Listing Details

Status Active
MLS # 260010151
Price/Sq Ft $283

Property History

Aug 06, 2026
Listed for sale
$624,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,206
Lot Size 0.17 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
Subdivision Grand View
STR Jurisdiction Washoe County
APN 202-211-05
Parking
Garage Spaces 2
Total Parking 3
Parking Features Carport, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Level
Construction Stucco
Roof Tile
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,782
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
📊

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% ($124,800)
Home price
$624,000
Loan details
30-yr fixed, 6.5%
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