$480,000
$525,000
↓ $45,000 reduced
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. Motivated seller - bring offer!
Listed by Cynthia Webb — Ferrari-Lund Real Estate Reno
Listing Details
Status
Active
MLS #
260006764
Days on Market
87
Price/Sq Ft
$392
Property History
Jul 27, 2026
Listed for sale
$525,000
Jul 24, 2026
Relisted
$510,000
Jul 24, 2026
Price reduced
$500,000
$510,000
↓
$10,000
Jul 27, 2026
Sold
$500,000
Jul 27, 2026
Relisted
$500,000
Aug 01, 2026
Price reduced
$490,000
$500,000
↓
$10,000
Aug 12, 2026
Price reduced
$485,000
$490,000
↓
$5,000
Aug 18, 2026
Price reduced
$480,000
$485,000
↓
$5,000
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
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($96,000)
Home price
$480,000
Loan details
30-yr fixed, 6.5%
