$665,000 Active
1690 Emerald Bay Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,951 Sq Ft

About This Property

Welcome to 1690 Emerald Bay Drive, an exceptional single-story home nestled on a desirable corner lot in the prestigious gated community of The Classics at Double Diamond. This beautifully maintained 4-bedroom, 2-bath residence offers 1,951 square feet of thoughtfully designed living space and a spacious 3-car garage, combining comfort, functionality, and timeless appeal. Step inside to discover an open, light-filled floor plan featuring formal living and family great room areas, neutral designer tones, rich hardwood flooring, and a cozy fireplace that creates a warm and inviting atmosphere. The well-appointed kitchen is equipped with stainless steel appliances and seamlessly connects to the main living spaces, making it ideal for both everyday living and entertaining. Recent improvements provide added peace of mind, including a brand-new water heater, complete plumbing replacement, new HVAC blower, new electrical panel, new built-in microwave, and a recently painted interior. The spacious primary suite offers a private retreat with dual vanities, a relaxing soaking tub, separate shower, and generous closet space. Three additional bedrooms provide flexibility for family, guests, or a home office. Enjoy the beautifully landscaped, low-maintenance backyard designed for relaxation and entertaining, complete with a like-new top-of-the-line hot tub—your own private oasis after a long day. Ideally located near scenic walking trails, parks, shopping, dining, premier golf courses, top-rated schools, skiing, and Reno-Tahoe International Airport, this move-in-ready home offers the perfect blend of luxury, convenience, and lifestyle. With quality updates, an exceptional location, and the potential benefit of an assumable VA loan option with lender approval, this is a rare opportunity to own in one of South Reno's most sought-after gated communities.

Listed by Anthony Smith — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260008473
Price/Sq Ft $341

Property History

Jul 02, 2026
Listed for sale
$665,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,951
Lot Size 0.15 acres
Stories 1
Year Built 2002
Property Type Single Family Residence
Subdivision Double Diamond Ranch Village 18
STR Jurisdiction Washoe County
APN 160-673-02
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,813
HOA Fee $120 / Quarterly
HOA / Community Double Diamond Ranch Master
Schools
Elementary School Double Diamond
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Gated, Parking
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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% ($133,000)
Home price
$665,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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