$399,900
Active
309 Lorraine Court
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.5
Baths
·
1,658
Sq Ft
About This Property
Beautiful Oak Parquet floors in many rooms with some tile and linoleum in others. The living room boasts a gas-log fireplace with a blower to help with heating and a large, built-in bookcase at one end. The furnace, air conditioning, and water heater have been updated with the AC having an upgraded capacity, as well. There is a small wet bar in an alcove under the stairs and a breakfast bar facing the kitchen. The refrigerator, washer, and drier are included in the sale. Updated blinds are being installed soon. The private backyard patio-courtyard consists of interlocking brick pavers and has a small maple tree. Escrow is pre-opened - call the listing agent for details.
Listed by Steven Anderson — Keller Williams Group One Inc.
Listing Details
Status
Active
MLS #
260009322
Days on Market
1
Price/Sq Ft
$241
Property History
Jul 21, 2026
Listed for sale
$399,900
Property Overview
Beds
2
Baths
2.5
Sq. Ft.
1,658
Stories
2
Year Built
1979
Property Type
Condominium
Subdivision
Willowbrook 2
STR Jurisdiction
Washoe County
APN
024-212-36
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Balcony, Rain Gutters
Lot Features
Landscaped, Level, Sprinklers In Front
Construction
Fiber Cement, Frame
Roof
Composition, Pitched, Shingle
Foundation
Concrete Perimeter, Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating
Fireplace(s), Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$1,688
HOA Fee
$515 / Monthly
HOA / Community
Parkwood
Schools
Elementary School
Huffaker
Middle School
Pine
High School
Reno
HOA & Community
Community Amenities
Clubhouse, Fitness Center, Landscaping, Parking, Pool, Recreation Room, Tennis Court(s)
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% ($79,980)
Home price
$399,900
Loan details
30-yr fixed, 6.5%
