$615,000 Active
1705 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
·
2.5 Baths
·
2,108 Sq Ft

About This Property

Set in northwest Reno at 1705 Sierra Highlands Drive, this home has been thoughtfully refreshed inside with a bright, clean aesthetic and a layout that feels both open and functional. Updated flooring runs throughout the interior, tying the spaces together with a modern, easy flow. The main living area features vaulted ceilings, abundant natural light, and a stone fireplace that adds warmth and texture without overpowering the room. It's the kind of space that feels comfortable right away—easy to settle into and easy to live in. The kitchen has been tastefully redone with crisp finishes, stainless steel appliances, and a contemporary backsplash, creating a space that feels current without being overdone. It connects naturally to both the main living areas and the lower-level space, making it practical for everyday routines, whether that's busy mornings or relaxed evenings at home. Upstairs, the primary bathroom has a calm, spa-like feel with dual sinks, a soaking tub, and clean, modern tile-work designed to feel simple, functional, and just a little elevated. Throughout the home, the updates feel intentional and cohesive rather than trendy. The backyard offers a bit more breathing room, with mature trees providing shade and privacy, along with a combination of lawn space and multiple deck areas. Whether it's outdoor dining, a play area, or just a quiet place to unwind, the space is flexible and usable without requiring a lot of upkeep. The upper deck adds another vantage point, giving you a slightly more elevated view of the yard and surrounding greenery. With its layout, yard space, and thoughtful interior, the home lends itself well to a variety of lifestyles—including those looking for a comfortable place to grow into over time. It strikes a nice balance between updated and approachable, with room to make it your own without needing to start from scratch.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260004710
Days on Market 26
Price/Sq Ft $292

Property History

Apr 18, 2026
Listed for sale
$615,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,108
Lot Size 0.26 acres
Stories 2
Year Built 1991
Property Type Single Family Residence
Subdivision Sierra Highlands 2B
APN 039-121-35
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Gentle Sloping, Landscaped, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction HardiPlank Type, Masonite
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air
Cooling Central Air
Financial
Annual Tax $3,223
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
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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% ($123,000)
Home price
$615,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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