$2,620 Active
1720 Ornellaia Way
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,593 Sq Ft

About This Property

Coming Soon!!! Charming single-story home located in the desirable Double Diamond community in South Reno. This well-maintained home features 3 bedrooms, 2 full bathrooms, and an attached 2-car garage. Enjoy a spacious open-concept layout filled with natural light, creating a warm and inviting atmosphere throughout. The kitchen offers a cozy dining nook, breakfast bar, pantry, and plenty of cabinet space for storage and convenience. The primary suite includes a walk-in closet, dual sinks, a relaxing garden tub, and a separate shower. A washer, dryer, and refrigerator are also available for tenant use. Conveniently located near shopping, dining, parks, and scenic walking trails, this home offers both comfort and accessibility. Plus, beautiful Lake Tahoe is just a short day trip away for year-round outdoor recreation. Please note: pets are not allowed. Tenant Responsibilities & Fees Utilities: Tenants are responsible for all utilities. Garbage and Sewer: 89 Power and Water: tenants are responsible Rent: 2,620 Security Deposit: 2,695 One Time Administrative Fee: 195 All residents are enrolled in the Resident Benefits Package (RBP) for 55.00/month which includes liability insurance, credit building to help boost the resident's credit score with timely rent payments, up to 1M Identity Theft Protection, HVAC air filter delivery (for applicable properties), move-in concierge service making utility connection and home service setup a breeze during your move-in, our best-in-class resident rewards program, on-demand pest control, and much more! More details upon application. Owners typically accept applicants with a 650+ credit score and a combined monthly income of at least 3x rent.

Listed by David Martin — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260005990
Price/Sq Ft $2

Property History

May 13, 2026
Listed for sale
$2,620
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,593
Lot Size 0.14 acres
Stories 1
Property Type Single Family Residence
Subdivision Double Diamond Ranch Village 22A
APN 161-293-19
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Schools
Elementary School Double Diamond
Middle School Depoali
High School Damonte
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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% ($524)
Home price
$2,620
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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