$565,000 Active
408 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.
3 Beds
·
2.0 Baths
·
1,727 Sq Ft

About This Property

Welcome to 408 Sierra Leaf Cir in Reno's desirable gated 55+ community of Casitas de la Sierra! This beautifully maintained single-story home offers 2 bedrooms, 2 bathrooms, 3rd room is currently set up as home office/den. The home features a large storage room just off the kitchen/laundry room, 2 car garage, landscaped grounds, and the convenience of HOA-maintained common areas and snow removal. Located highly sought-after South Reno near shopping, dining, golf, medical facilities, and easy freeway access, this gated community offers comfort, convenience and peace of mind. NEW: HVAC- 2025, Water heater-2024, Exterior paint -2024, New garage door opener, New appliances: gas oven, microwave, dishwasher, washer/dryer.

Listed by Harmony Hobbs — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260006686
Price/Sq Ft $327

Property History

May 27, 2026
Listed for sale
$565,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,727
Lot Size 0.11 acres
Stories 1
Year Built 2001
Property Type Single Family Residence
Subdivision Casitas De La Sierra
STR Jurisdiction Washoe County
APN 043-311-37
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front
Construction Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $3,204
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, Landscaping, Parking
📊

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% ($113,000)
Home price
$565,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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