$424,000 Active
18663 Village Center Drive
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,628 Sq Ft

About This Property

Views, Views, Views! Welcome to the heart of Cold Springs, this 2023 built townhome delivers a rare blend of modern living, outdoor adventure, and community connection. In addition, the Cold Springs Family Center offers after-school programs, a full fitness center with various exercise classes, and serves as a venue for community events.This 2 Bedroom, 2.5 Bath stunning home features one large primary suite and one junior suite upstairs, and all your living room/kitchen downstairs. Also is the Two car garage and driveway attached. The upstairs of this home is so AMAZING you won't want to go anywhere else! The two adjoining interior walls are separated by a firewall to ensure no noise transfer. Enjoy local gatherings at the Cold Springs Community & Senior Center, unwind in the adjacent park, or meet friends at Cold Springs Crossing with family friendly indoor and outdoor seating.

Listed by Linda Christensen — RE/MAX Gold

Listing Details

Status Active
MLS # 260007029
Price/Sq Ft $260

Property History

Jun 03, 2026
Listed for sale
$424,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,628
Lot Size 0.04 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Woodland Village Town Center Phase 1
STR Jurisdiction Washoe County
APN 556-731-22
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Insulation - Batts, Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $3,007
HOA Fee $132 / Quarterly
HOA / Community Woodland Village HOA
Schools
Elementary School Michael Inskeep
Middle School Cold Springs
High School North Valleys
HOA & Community
Community Amenities None
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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% ($84,800)
Home price
$424,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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