$950,000 Active
20460 Cooke 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
·
3.0 Baths
·
2,816 Sq Ft
Virtual Tour

About This Property

A rare opportunity in South Reno—1.13 acres in desirable Pleasant Valley with no HOA and panoramic mountain and valley views. This 2,816 sq ft home offers an exceptional blend of space, tranquility, and privacy. The lush, private lot features mature fruit trees, a shaded lawn, a fenced pet area, solar panels, two storage sheds, a 4-car garage, and dual driveways for premium RV or toy storage. An expansive updated deck is tailored for outdoor entertaining, while the hot tub offers the ultimate vantage point for breathtaking sunset views. Inside, the home is move-in ready with premium updates completed in recent years, including fresh interior and exterior paint, a new oven and microwave, and a new evaporative cooler. The open kitchen showcases granite countertops and newly finished cabinetry. Stone fireplaces and pellet stoves bring warmth and character, balanced by abundant natural light. The primary suite features a walk-in closet and private deck access to take in the mountain backdrop. Downstairs, the fully finished great room with an included pool table is ready to become a game room or home office, complete with patio doors opening to the backyard for a convenient separate entrance. Located minutes from Galena High School, Summit Mall, and vibrant dining, you'll also enjoy effortless access to Mt. Rose and Lake Tahoe. With over an acre of unrestricted freedom and timeless views, this property offers the mountain-living lifestyle of your dreams.

Listed by Jonathan Minerick — Homecoin.com

Listing Details

Status Active
MLS # 260008289
Price/Sq Ft $337

Property History

Jun 27, 2026
Listed for sale
$950,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,816
Lot Size 1.13 acres
Stories 1
Year Built 1985
Property Type Single Family Residence
Subdivision Pleasant Valley Estates 2
STR Jurisdiction Washoe County
APN 045-341-10
Parking
Garage Spaces 4
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Rolling Slope
Construction Frame
Roof Tile
Foundation Brick/Mortar
Utilities & Systems
Heating Forced Air, Pellet Stove, Propane
Cooling Evaporative Cooling
Financial
Annual Tax $3,783
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
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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% ($190,000)
Home price
$950,000
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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