$3,995 Active
1634 Icelandic Way
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,378 Sq Ft

About This Property

Why rent used when you can be the very first to live in a pristine, just-completed executive home? This property is brand spanking new from top to bottom — untouched, sparkling, and ready for you. Step inside and feel the open great room living area that invites connection, whether you're hosting guests, gathering with friends, or enjoying a quiet evening in. The brand new kitchen is perfect for mingling, morning coffee, or belly up for appetizers — while the dining area flows seamlessly for more formal meals. It's an easy, modern layout designed for both entertaining and everyday comfort. Upstairs, you'll work from home with tyle in the versatile loft that is a designated office space surrounded by by three spacious bedrooms. The primary suite is a true retreat, featuring dual sinks, generous counter space, and a large walk-in closet that keeps everything organized. Natural light pours in throughout the home, creating a bright, uplifting atmosphere in every room. And for added convenience and comfort, each bedroom is equipped with its own television — perfect for personal downtime or entertaining. Location? It doesn't get more convenient. Just minutes to I-80 for an easy commute and literally about a minute and a half to the Raley's shopping center for shopping and dining. Restaurants are all within about a 10-minute drive, giving you endless options without ever going far from home. This is more than a rental — it's a fresh start in a flawless, executive-style home. Must see to appreciate.

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 260001906
Days on Market 108
Price/Sq Ft $3

Property History

Feb 19, 2026
Listed for sale
$3,995
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,378
Lot Size 0.02 acres
Stories 2
Year Built 2025
Property Type Townhouse
Subdivision Grand Point Townhomes North
APN 202-253-19
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage Door Opener, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Pool & Spa
Pool No
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
HOA Fee $142 / Monthly
HOA / Community Westward360
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($799)
Home price
$3,995
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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