$549,000 Active
403 Sierra Leaf Circle
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,299 Sq Ft

About This Property

One of the best location in Sierra De La Casitas. Corner lot with no other property on one side. Backs to huge common area green space, close to exit gate. Absolutely adorable 2 bed, 2 bath with primary bed on one side of the home and 2nd bed on other side with great room, kitchen and laundry in between. New granite kitchen counters, new built in stainless appliances, Kutcht gas range, new luxury vinyle plank flooring. Location is near the club house. This neighborhood is one of the best kept secrets in Reno. Over 55 community.

Listed by Kelly Werner — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260006665
Price/Sq Ft $423

Property History

May 26, 2026
Listed for sale
$549,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,299
Lot Size 0.15 acres
Stories 1
Year Built 1999
Property Type Single Family Residence
Subdivision Casitas De La Sierra
STR Jurisdiction Washoe County
APN 043-313-03
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s), Rain Gutters
Lot Features Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear
View Park/Greenbelt
Construction Frame, Stucco
Roof Pitched, Tile
Foundation Insulated Foundation, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,724
HOA Fee $245 / Monthly
HOA / Community Casitas De La Sierra
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Management
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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% ($109,800)
Home price
$549,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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