$525,000 Active
383 Orrcrest Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
1,688 Sq Ft

About This Property

Nestled away from the street, this inviting home offers a wonderful sense of privacy with a thoughtfully positioned lot. The neighboring homes behind are set farther back and at a higher elevation, creating a peaceful setting that's hard to find. Recent updates include fresh interior paint, new carpet, new east-side fencing and gate, and a newer water heater, making this home move-in ready. The low-maintenance front and backyard allow you to spend more time enjoying your home and less time on upkeep. Step outside to the detached covered patio, thoughtfully designed as the perfect entertaining space with a unique bar-style setup—ideal for hosting family and friends, relaxing on warm evenings, or enjoying weekend gatherings. This well-maintained property combines comfort, privacy, and functionality in a setting you'll love coming home to.

Listed by Joya Machabee — RE/MAX Gold

Listing Details

Status Active
MLS # 260010229
Price/Sq Ft $311

Property History

Aug 07, 2026
Listed for sale
$525,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,688
Lot Size 0.16 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
Subdivision Highland Vista
STR Jurisdiction Washoe County
APN 003-831-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,620
HOA Fee $80 / Monthly
HOA / Community HIghland Vista HOA
Schools
Elementary School Elmcrest
Middle School Clayton
High School Hug
HOA & Community
Community Amenities None
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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
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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