$489,900 Active
1401 Surf Way
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
·
1,296 Sq Ft
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About This Property

Welcome home to 1401 Surf Way, a charming single-level gem nestled in Reno's desirable Old Northwest neighborhood. Set among mature trees and established landscaping, this inviting home offers timeless character, comfortable living, and a great location. Inside, you'll find beautiful original hardwood floors that add warmth and charm throughout the home. The comfortable living room is centered around a cozy wood-burning fireplace—perfect for relaxing evenings at home. The kitchen features a convenient breakfast bar, creating the ideal spot for casual meals, morning coffee, or gathering with family and friends. Step outside to a spacious backyard designed for enjoying Northern Nevada's beautiful weather. The extended deck is the perfect place to unwind with a cold drink, entertain guests, or enjoy a summer BBQ. The oversized two-car garage offers plenty of room for vehicles, tools, and all your outdoor recreation gear, making it easy to take advantage of everything the area has to offer. Located in an established neighborhood with easy access to the University of Nevada, Reno, downtown Reno's year-round festivals, dining, and entertainment, and endless outdoor adventures at Lake Tahoe, this home offers the perfect balance of convenience, character, and lifestyle.

Listed by Jack Cote — RE/MAX Gold

Listing Details

Status Active
MLS # 260009228
Price/Sq Ft $378

Property History

Jul 18, 2026
Listed for sale
$489,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,296
Lot Size 0.14 acres
Stories 1
Year Built 1965
Property Type Single Family Residence
Subdivision Sierra Heights 5A
STR Jurisdiction Washoe County
APN 001-132-23
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level
Construction Asbestos
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $1,095
Schools
Elementary School Towles
Middle School Clayton
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% ($97,980)
Home price
$489,900
Loan details
30-yr fixed, 6.5%
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