$529,900 Active
2141 Sapphire Ridge Way
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,248 Sq Ft

About This Property

Beautifully updated home featuring modern finishes and thoughtful upgrades throughout! The remodeled kitchen showcases painted gray cabinetry with updated hardware, full quartz countertops with a 5-inch backsplash, upgraded stainless steel appliances including a counter-depth refrigerator, stainless steel sink, black faucet, and updated garbage disposal. Luxury waterproof laminate flooring flows throughout the home, complemented by upgraded 5-inch baseboards, updated lighting, upgraded carpet and pad, and fresh interior and exterior paint. Bathrooms have also been refreshed with stylish black faucets and updated finishes. Additional improvements include updated door hardware throughout, epoxy garage floors, and a finished textured garage for a clean, polished look. Located near schools, shopping, dining, and convenient freeway access, this move-in ready home combines style, comfort, and location!

Listed by Alex Militante — Ferrari-Lund R.E. Sparks

Listing Details

Status Active
MLS # 260006715
Price/Sq Ft $425

Property History

May 27, 2026
Listed for sale
$529,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,248
Lot Size 0.26 acres
Stories 1
Year Built 2002
Property Type Single Family Residence
Subdivision Sapphire Ridge Phase 1
STR Jurisdiction Washoe County
APN 204-582-06
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front, Sprinklers In Rear, Steep Slope
View Mountain(s)
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $2,942
HOA Fee $33 / Monthly
HOA / Community First Service Residential
Schools
Elementary School Melton
Middle School Billinghurst
High School McQueen
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% ($105,980)
Home price
$529,900
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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