$975,000 Active
2303 Iron Square 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
·
2,005 Sq Ft

About This Property

This well-maintained Regency at Carmella Ranch home stands out with views of Mount Rose from the breakfast nook, loggia and the backyard. The Regency at Carmella Ranch is a 55+ community, and the home features 2005 square feet, 2 bedrooms, 2.5 bathrooms along with an additional office/den and a 2-car garage. This bright and open, modern styled home has been upgraded nicely including the wood plank flooring, upgraded cabinets and a kitchen sink filtration system. This premium lot does not have a home on one side, making it nice, quiet and spacious. This beautiful home also features a low maintenance backyard with maturing landscape where you can enjoy your large, covered loggia. The Regency at Carmella Ranch features resort caliber amenities including indoor and outdoor pools, fitness center, spa, pickleball courts, walking trails, social clubs, and a rotation of planned community events. Luxury, lifestyle, and low-maintenance living come together in one of Reno's premier active adult communities.

Listed by Kevin Trexler — Nevada Home Realty

Listing Details

Status Active
MLS # 260011076
Price/Sq Ft $486

Property History

Aug 27, 2026
Listed for sale
$975,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,005
Lot Size 0.14 acres
Stories 1
Year Built 2020
Property Type Single Family Residence
Subdivision Caramella Ranch Estates Regency Village Unit 1
STR Jurisdiction Washoe County
APN 143-292-01
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 Common Area, Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Brick Veneer, Stucco
Roof Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,802
HOA Fee $293 / Monthly
HOA / Community Regency Carmella Ranch
Schools
Elementary School Brown
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Management, Parking, Pool, Recreation Room, Spa/Hot Tub
📊

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% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.5%
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