$429,900 Active
4335 Leeward Lane
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,179 Sq Ft

About This Property

Popular Donner Springs Mill Creek updated townhome! Great location in the sought-after Donner Springs community. 2 Double Master suites, with an additional living area loft, perfect room for office, or creative space. Main master suite features mirrored closet doors and vaulted ceilings. Updated 2.5 bath rooms, 1179 Sq. Ft. 2 car garage. Soaring ceilings. Wood floors, new carpet in bedrooms. Beautiful upgraded kitchen maple cabinets and solid counters, tile floors. Gas log fireplace. Smart thermostat. Pendant lights over breakfast counter. A/C. Private rear yard/patio that backs up to Rattlesnake Mt. HOA takes care of the front yard for care free living. Excellent location near everything you need. Washer, dryer, and refrigerator stay with the home.

Listed by Danny Podesta — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260009698
Days on Market 1
Price/Sq Ft $365

Property History

Jul 28, 2026
Listed for sale
$429,900
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,179
Lot Size 0.06 acres
Stories 2
Year Built 1988
Property Type Townhouse
Subdivision The Villages 1
STR Jurisdiction Washoe County
APN 021-633-26
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Masonite
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,794
HOA Fee $226 / Monthly
HOA / Community Mill Creek Homeowners Association
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping
📊

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% ($85,980)
Home price
$429,900
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.