$1,300,000 Active Under Contract
2565 Sagittarius Drive
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
3,286 Sq Ft

About This Property

Open House: Sat 11am-2pm (5/2) Renovated home with mid-century modern influences, expansive natural light, and sweeping views of Downtown Reno, set on a large, private lot in one of the area's most desirable neighborhoods. You're welcomed by a striking entrance foyer that opens to a sunroom/atrium featuring a mature ficus tree, creating a warm and peaceful focal point that sets the tone for the home. Just beyond, the dining area feels connected and inviting, while skylights and large windows throughout bring in consistent natural light, enhancing both the atmosphere and passive solar efficiency. The kitchen offers a clean, modern aesthetic with porcelain countertops, updated finishes, and a functional layout designed for everyday living. Engineered hardwood flooring runs throughout the home, adding warmth and continuity. The primary suite is located on the main level, offering comfort and convenience, along with a recently remodeled bathroom featuring radiant heated floors. Upstairs, automatic blinds add ease and functionality. The outdoor space is where this property truly stands out. The backyard has been fully reimagined for both relaxation and entertaining, featuring covered seating, a built-in BBQ, greenhouse, basketball hoop, and an attached workshop. Just off the deck, a treehouse and elevated tree-deck patio capture expansive views of Downtown Reno, creating a one-of-a-kind setting to take in the city skyline and surrounding mountains. Additional features include a Tesla EV charger in the garage, a water feature in the front yard, whole-home water filtration system, integrated swamp cooler, potential RV or boat parking, and exterior paint completed in 2021. Appliances are included, offering a move-in-ready opportunity. A well-executed home with mid-century modern influences, thoughtful upgrades, and a setting that's increasingly hard to find, offering privacy, character, and incredible Reno views.

Listed by Laura Kirsch — Marmot Properties, LLC

Listing Details

Status Active Under Contract
MLS # 260005317
Days on Market 7
Price/Sq Ft $396

Property History

Apr 30, 2026
Listed for sale
$1,300,000
Current
Pending
$1,300,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,286
Lot Size 0.62 acres
Stories 2
Year Built 1983
Property Type Single Family Residence
Subdivision Camelot Estates 4
APN 009-414-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Outdoor Kitchen, Rain Gutters
Lot Features Artificial Turf, Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s)
Construction Insulation - Batts, Brick
Roof Asphalt, Pitched
Foundation Brick/Mortar, Crawl Space, Full Perimeter
Utilities & Systems
Heating Coal, Forced Air, Natural Gas, Radiant Floor, Solar
Cooling Evaporative Cooling
Financial
Annual Tax $3,120
Schools
Elementary School Caughlin Ranch
Middle School Swope
High School Reno
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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% ($260,000)
Home price
$1,300,000
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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