$700,000 Active Under Contract
1580 Foster Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
2,084 Sq Ft
Virtual Tour

About This Property

Located in Reno's highly sought-after Idlewild neighborhood, 1580 Foster Drive offers the rare combination of character, thoughtful updates, and an unbeatable lifestyle location. Just moments from Idlewild Park, home to year-round events like Food Truck Fridays and local farmers markets, and minutes to the Truckee River, this home places you right in the heart of it all while still feeling tucked away. Built in 1967 and lovingly cared for by only two owners, the pride of ownership is unmistakable. Inside, you'll find a blend of warmth and modern updates, including bamboo flooring alongside preserved original hardwood, creating a timeless and inviting feel. The kitchen has been refreshed with refaced cabinetry, butcher block countertops, and a new hood, offering both function and style. Major system upgrades provide peace of mind, including conversion to gas with central heat and air in 2018 and an updated electrical panel. Additional improvements such as new exterior paint, refreshed interior paint, new blinds and ceiling fans, enhance both comfort and aesthetics. The primary bathroom has also been refreshed with new flooring, grout, and paint. With close proximity to schools, shopping, and everyday conveniences, this home is not just a place to live. It is a lifestyle opportunity in one of Reno's most desirable areas.

Listed by Jacqueline Mead — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 260004288
Days on Market 28
Price/Sq Ft $336

Property History

Apr 10, 2026
Listed for sale
$700,000
Current
Pending
$700,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,084
Lot Size 0.18 acres
Stories 1
Year Built 1967
Property Type Single Family Residence
Subdivision Sierra View
APN 010-151-13
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, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,460
Schools
Elementary School Hunter Lake
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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