$525,000 Active
1704 Sierra Highlands Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,223 Sq Ft

About This Property

Come and grab this adorable home located in central Northwest Reno. Well maintained, featuring laminate wood flooring in living and kitchen area. Open concept floor plan with high ceilings in living space, kitchen and dining area. 3rd bedroom features a Murphy bed. Back yard is spacious enough for backyard entertaining. Excellent location, close to schools and shopping. Don't miss this charmer - should not last long!

Listed by Cynthia Webb — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260006764
Price/Sq Ft $429

Property History

May 28, 2026
Listed for sale
$525,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,223
Lot Size 0.11 acres
Stories 1
Year Built 1992
Property Type Single Family Residence
Subdivision Sierra Highlands 12
STR Jurisdiction Washoe County
APN 039-712-26
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,111
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
📊

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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

Send a Message

Or call directly: 530.613.5207