$924,900 Active
1935 Fledge Creek Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
3,058 Sq Ft
Virtual Tour

About This Property

Multi-generational living comes home in this Damonte Ranch property, where a fully self-contained private in-law suite, complete with its own private entrance, kitchenette, living area, bedroom, and laundry, gives a true place of their own to extended family, long-term guests, or a work-from-home professional, all under one roof. The residence lives large across 3,058 square feet with four bedrooms and four baths, centered on a kitchen finished in matching GE Profile stainless appliances, with a refrigerator and dishwasher both replaced within the past year and newer washers and dryers serving both the main home and the suite. A genuine standout: the solar system is owned and fully paid off, with no lease to assume or transfer, a meaningful advantage over the leased systems found in many comparable homes. Outside, an oversized homesite that does not back to the freeway delivers space and privacy, featuring a covered patio with hot tub, a built-in fire pit, and a storage shed built for year-round outdoor living and entertaining. Additional comforts include a three-car tandem garage with epoxy flooring and EV/Tesla charging, a whole-home air filtration system, reverse osmosis drinking water in the kitchen, permanent programmable eave lighting, an owned Vivint alarm system, and Arlo security cameras with solar chargers and spotlights. Built in 2018 with a concrete tile roof, stucco and stone accents. Zoned for Poulakidas Elementary, Depoali Middle, and Damonte Ranch High school.

Listed by Kinney and Renwick — Chase International-Damonte

Listing Details

Status Active
MLS # 260008253
Price/Sq Ft $302

Property History

Jun 26, 2026
Listed for sale
$924,900
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,058
Lot Size 0.21 acres
Stories 2
Year Built 2018
Property Type Single Family Residence
Subdivision Damonte Ranch V Villages 1 & 2 Unit 1
STR Jurisdiction Washoe County
APN 141-066-18
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $6,182
HOA Fee $78 / Quarterly
HOA / Community Drainage Maintenance Association
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
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% ($184,980)
Home price
$924,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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