$1,150,000 Active Under Contract
20217 S Virginia Street
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.5 Baths
·
2,687 Sq Ft

About This Property

Welcome to 20217 South Virginia Street, this completely remodeled 1978 home has been thoughtfully transformed to meet modern 2025 standards, blending timeless character with high-end contemporary upgrades. The reimagined kitchen features a new layout designed for both function and entertaining, complete with a 36" chef's cooktop and oven, dual dishwashers, custom cabinetry, and stunning Taj Mahal quartzite countertops. Luxury vinyl plank flooring flows through high-traffic areas, while new windows and sliding doors fill the home with natural light. Major improvements include a newer roof and a brand-new HVAC system for peace of mind. The primary suite has been fully remodeled into a private retreat, highlighted by a spa-like bathroom with an impressive 7.5-foot walk-in shower and a relaxing soaking tub. An additional junior primary suite on the main floor offers flexibility for guests or multigenerational living. Situated on two acres just outside of town, the property provides space, privacy, and endless possibilities, including a detached 40' x 40' RV garage with a concrete slab and electrical—perfect for hobbies, storage, or a home-based business.

Listed by Jalon Woodard — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 250059185
Days on Market 140
Price/Sq Ft $428

Property History

Dec 18, 2025
Listed for sale
$1,150,000
Current
Pending
$1,150,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,687
Lot Size 2.00 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
APN 045-280-42
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Detached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking, RV Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Sloped Up, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Forced Air
Cooling Central Air, Electric, ENERGY STAR Qualified Equipment
Financial
Annual Tax $3,342
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
📊

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% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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