$949,999 $1,100,000 ↓ $150,001 reduced Active
2265 Lindley Way
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.0 Baths
·
3,667 Sq Ft

About This Property

NEW PRICE — $949,999! Recently appraised at $1,040,000, this home is now offering more than $90,000 below its appraised value, creating an exceptional opportunity for built-in equity from day one. Freshly updated and ready for its next chapter, this beautifully refreshed mid-century home offers the perfect balance of timeless character and modern comfort. Located on a quiet cul-de-sac in Reno's coveted Old Southwest, the home features 2,637 square feet of thoughtfully designed living space with abundant natural light, spacious gathering areas, and tasteful updates throughout. The finished 810-square-foot basement provides flexible space for a media room, home gym, office, or recreation area, while an additional 1,071 square feet of unfinished basement offers exceptional storage and exciting possibilities for future expansion. Outside, enjoy a private backyard surrounded by mature trees, colorful landscaping, and inviting outdoor spaces ideal for entertaining or unwinding. Just a stone's throw from Virginia Lake, Midtown, and downtown Reno, you'll appreciate easy access to parks, restaurants, shopping, and local favorites while enjoying the privacy of one of Reno's most established neighborhoods. With a new price of $949,999 and a recent appraisal of $1,040,000, this is a rare opportunity to own a move-in-ready Old Southwest home with classic mid-century character, modern updates, and significant value already built in.

Listed by Scott Dozois — NextHome Yourpickettfence Group

Listing Details

Status Active
MLS # 260006855
Days on Market 90
Price/Sq Ft $259

Property History

Jul 18, 2026
Listed for sale
$1,100,000
Jul 18, 2026
Price reduced
$999,999 $1,100,000 ↓ $100,001
Jul 18, 2026
Relisted
$999,999
Aug 17, 2026
Price reduced
$949,999 $999,999 ↓ $50,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 3,667
Lot Size 0.22 acres
Stories 1
Year Built 1952
Property Type Single Family Residence
Subdivision Country Club Acres
STR Jurisdiction Washoe County
APN 019-153-08
Parking
Garage Spaces 1
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s), Rain Gutters
Lot Features Gentle Sloping, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Peek, Trees/Woods
Construction Brick, Brick Veneer
Roof Composition, Shingle
Foundation Other
Utilities & Systems
Heating Baseboard, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $2,243
Schools
Elementary School Beck
Middle School Swope
High School Reno
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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
$949,999
Loan details
30-yr fixed, 6.5%
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