$1,040,000 Active
2221 Paint Horse Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
2,262 Sq Ft
Virtual Tour

About This Property

This beautifully built home in the Caramella Ranch 55+ community offers 2,262 square feet of living space, featuring 2 bedrooms, 2.5 bathrooms, and a thoughtful open floor plan with high-end finishes. Notable interior highlights include a floor-to-ceiling rock wall fireplace, luxury vinyl plank flooring, and neutral colors throughout. The well-designed kitchen is equipped with a large center island, quartz counter tops, stainless steel appliances, farmhouse sink, breakfast bar, premium cabinetry, and a roomy walk-in pantry. The spacious primary bedroom suite serves as a relaxing retreat, complete with a generous walk-in closet and a deluxe primary bath featuring a dual-sink vanity, large walk-in shower, and private water closet. Additional interior features include a secluded secondary bedroom with a sizable closet, a large den/office off the front entrance. To the rear of the home is a spacious bonus room that can act as a family or game room with a sizable linen closet, and a half bath. The residence also includes a large laundry room with cabinetry and a sink, as well as a convenient drop zone. The sellers have added several upgrades including new window coverings, ceiling fans, and updated fixtures. The backyard has a large covered paver patio for relaxing and enjoying the water feature while taking in the views of Mt. Rose. The finished, painted garage includes baseboards, a storage area, and a tankless water heater. Create your own group or join an organized group of residents in hiking, biking, walking, reading, coffee, wine, painting, travel, or golf. Living in Caramella Ranch offers a vibrant lifestyle with access to premium community amenities such as swimming pools, fitness facilities, pickleball courts, and the clubhouse that is just a short walk away. The perfect location for easy access to local shopping, restaurants, skiing, and the greater Reno area.

Listed by Santiago Solano — Sierra Nevada Properties-Reno

Listing Details

Status Active
MLS # 260000524
Days on Market 118
Price/Sq Ft $460

Property History

Jan 15, 2026
Listed for sale
$1,040,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,262
Lot Size 0.15 acres
Stories 1
Year Built 2021
Property Type Single Family Residence
Subdivision Caramella Ranch Estates Regency Village Unit 1
APN 143-293-07
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Ski Resort
Construction Insulation - Blown-In, Stone Veneer, Stucco
Roof Asphalt, Shingle
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Forced Air, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $7,605
HOA Fee $293 / Monthly
HOA / Community Regency Caramella Ranch
Schools
Elementary School Brown
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Barbecue, Clubhouse, Elevator(s), Fitness Center, Gated, Landscaping, Management, Parking, Pool, Recreation Room, Spa/Hot Tub
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($208,000)
Home price
$1,040,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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