$756,000 Active
1618 Wheatgrass 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
·
2.5 Baths
·
2,227 Sq Ft

About This Property

Conveniently located in one of West Reno's most desirable neighborhoods, find your four bedroom home. Access schools, restaurants, McCarren Blvd and more in moments. Natural hardwood floors and a foyer with double-height ceilings welcome you to this well laid out two-story home. Entertain comfortably in the spacious living room or beside the fire in the separate family room. Dine with friends and family at the four-seater peninsula or in the separate formal dining room through the kitchen. Upstairs, the primary bedroom features high ceilings and a walk-in closet. The en suite bath gleams with natural light, updated tile and double sinks. Relax in the tub or separate shower. Three additional bedrooms upstairs afford ample space for guests, family, and even an office at home. The backyard getaway is comfortable, low maintenance and private. The oversized back patio and wood pergola with matching chairs accommodate outdoor dining and gatherings large and small. Immaculately designed paver walls terrace the easy-to-manage backyard landscape. Make this sought-after home yours this summer.

Listed by Jeffrey Loftin — Dickson Realty - Downtown

Listing Details

Status Active
MLS # 260006758
Price/Sq Ft $339

Property History

May 28, 2026
Listed for sale
$756,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,227
Lot Size 0.15 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
Subdivision Mayberry Meadows 3
STR Jurisdiction Washoe County
APN 009-623-09
Parking
Garage Spaces 3
Total Parking 3
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sloped Up
View Peek
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,625
HOA Fee $300 / Quarterly
HOA / Community Caughlin Ranch H.A.
Schools
Elementary School Gomm
Middle School Swope
High School Reno
HOA & Community
Community Amenities None
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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% ($151,200)
Home price
$756,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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