$469,900 Active
20985 Rose Knob Drive
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,286 Sq Ft
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About This Property

Set on an expansive 17,163 sq ft lot in the desirable White Lake Ranch community, this beautifully refreshed property offers the space, flexibility, and upgrades today's buyers are searching for. An oversized powered shed creates endless possibilities as a home office, gym, recreation play space, craft studio, or workshop. Inside, thoughtful updates elevate the home from the moment you enter, including fresh interior paint, luxury waterproof flooring, stylish fixtures, modern hardware, and refreshed bathrooms. The bright and functional kitchen features brand-new stainless steel appliances and abundant cabinetry that extends to the laundry room complete with a washer and dryer for added convenience. The spacious primary suite offers a walk-in closet and ensuite bathroom with dual sinks, while two additional bedrooms provide flexibility for family, guests, or a home office. Major improvements include a new HVAC system, new water heater, and owned solar for enhanced comfort and efficiency. Outside, the xeriscape front and backyard offer low-maintenance living with a covered patio for enjoying the mountain views, garden boxes to grow your own vegetables, flowers, or herbs, and a second shed for tools and equipment. Conveniently located near Village Center Park, schools, shopping, freeway access, and just minutes from downtown Reno, this move-in-ready home combines modern updates, exceptional outdoor space, and endless potential.

Listed by Lauren Jantz — Wedgewood Homes Realty

Listing Details

Status Active
MLS # 260006832
Price/Sq Ft $365

Property History

May 29, 2026
Listed for sale
$469,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,286
Lot Size 0.39 acres
Stories 1
Year Built 1997
Property Type Single Family Residence
Subdivision Peavine View Estates 3
STR Jurisdiction Washoe County
APN 087-582-04
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Propane
Cooling Central Air
Financial
Annual Tax $1,438
HOA Fee $25 / Monthly
HOA / Community White Lake Ranch Association
Schools
Elementary School Gomes
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% ($93,980)
Home price
$469,900
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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