$949,000 Active
2766 Diamond River Drive #Glenwood 611
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
·
2,031 Sq Ft

About This Property

Deluxe urban style. The Gramercy's welcoming covered entry and foyer open onto the spacious dining room and great room, and views of the desirable covered patio and secluded office beyond. The well-designed kitchen is equipped with a large center island with breakfast bar, plenty of counter and cabinet space, and ample walk-in pantry. The private primary bedroom suite is complete with huge walk-in closet and spa-like primary bath with dual-sink vanity, luxe glass-enclosed shower, and private water closet. The spacious secondary bedroom features a sizable closet and shared full hall bath. Additional highlights include a versatile office off the foyer, convenient drop zone, centrally located laundry, and additional storage.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260002044
Days on Market 72
Price/Sq Ft $467

Property History

Feb 25, 2026
Listed for sale
$949,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,031
Lot Size 0.14 acres
Stories 1
Year Built 2026
Property Type Single Family Residence
Subdivision Caramella Ranch Estates Regency Village Unit 5B
APN 143-472-41
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,779
HOA Fee $73 / Quarterly
HOA / Community Caramella Ranch Landscape Maintenance Association
Schools
Elementary School Brown
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Fitness Center, Gated, Management, Pool, Security, 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% ($189,800)
Home price
$949,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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