$625,000 Active
2255 Sutro Drive
Reno, NV 89521
STR Status Unknown
4 Beds
·
2.0 Baths
·
2,370 Sq Ft
Virtual Tour

About This Property

VIEWS VIEWS VIEWS! This beautiful remodeled home has some of the BEST views in the Highlands! Ultimate privacy and this property comes with a separate vacant lot to keep as a privacy buffer or hold for future development. Luxury Vinyl throughout, spacious updated kitchen with butcher block counters. Bonus room upstairs perfect for a separate family room, extra bedroom - you name it! Bring your horses or enjoy the wild ones that roam freely. Less than 20 min to 395/580

Listed by Leslie Biederman — Chase International-Damonte

Listing Details

Status Active
MLS # 260007309
Days on Market 4
Price/Sq Ft $264

Property History

Jun 09, 2026
Listed for sale
$625,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,370
Lot Size 2.77 acres
Stories 2
Year Built 1979
Property Type Single Family Residence
APN 003-051-12
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Cul-De-Sac, Sloped Down, Wooded
View Desert, Mountain(s), Trees/Woods, Valley
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Oil
Financial
Annual Tax $1,601
HOA Fee $100 / Annually
HOA / Community Virginia City Highlands POA
Schools
Elementary School Gallagher, Hugh
Middle School Virginia City
High School Virginia City
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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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