$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 an older home when you can enjoy this LIKE-NEW executive home that still feels FRESH, MODERN, and IMMACULATE? Beautifully appointed from top to bottom, this home offers the comfort, style, and convenience you've been looking for. Step inside and discover the bright, open great room that brings everyone together. Whether you're entertaining friends, hosting family, or simply relaxing after a long day, the spacious layout is designed for today's lifestyle. The BEAUTIFUL kitchen is the heart of the home, featuring an oversized island that's perfect for morning coffee, casual meals, or bellying up for appetizers while visiting with guests. The adjoining dining area flows effortlessly, making both everyday living and entertaining a breeze. Upstairs, a versatile loft provides the PERFECT HOME OFFICE, media room, or additional living space, while three spacious bedrooms offer plenty of room to spread out. The PRIVATE primary suite is a true retreat with dual sinks, generous counter space, and a large walk-in closet. Large windows fill the home with NATURAL LIGHT, creating a warm and inviting atmosphere throughout. For added comfort and convenience, EVERY BEDROOM FEATURES ITS OWN TELEVISION, giving everyone their own space to unwind. The location is HARD TO BEAT. You're just minutes from I-80, making commuting simple and weekend adventures to world-class skiing, golf, hiking, and Lake Tahoe easily within reach. Raley's Shopping Center is only about a minute and a half away for groceries, shopping, and everyday essentials, while a wide variety of restaurants, coffee shops, and entertainment are all within approximately a 10-minute drive. This is more than just a rental—it's EASY, EXECUTIVE-STYLE LIVING in a LIKE-NEW home with the convenience of being FULLY FURNISHED and ALL UTILITIES INCLUDED. Just bring your suitcase and start enjoying everything this exceptional home has to offer. MUST SEE TO APPRECIATE! Pets considered upon approval. Utilities are included, with a monthly cap of 300 for power and gas and 65 for water. Flexible lease terms available. The security deposit is equal to one month's rent. Approved pets require a 1,000 refundable deposit and 50 per month, per animal. A 400 non-refundable cleaning fee applies. A 250 non-refundable administration fee is due at lease signing, along with a 50 non-refundable application fee per applicant.

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 260001906
Days on Market 174
Price/Sq Ft $3

Property History

Feb 19, 2026
Listed for sale
$3,995

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2026 $444,990 Jeanette MaissD.R. Horton

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

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
STR Jurisdiction Washoe County
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
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% ($799)
Home price
$3,995
Loan details
30-yr fixed, 6.5%
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