$399,500 Active Under Contract
4387 Sharps Road
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

ACCEPTING BACKUP OFFERS! Discover one of the last remaining premium parcels at Eaglesnest in Caughlin Ranch — a rare opportunity to build in a setting that blends natural beauty with everyday convenience. This exceptional 0.73-acre homesite backs to open space with no rear neighbors, offering privacy, sweeping views, and a peaceful backdrop that feels miles away from it all — yet just minutes to everything. Enjoy immediate access to walking trails, mature trees, and the outdoor lifestyle that makes Caughlin Ranch so desirable. Opportunities like this are few and far between. Custom building plans are included with an acceptable offer, making it even easier to bring your vision to life in this highly coveted community.

Listed by Madison Riccio — Realty One Group Eminence

Listing Details

Status Active Under Contract
MLS # 260002278
Days on Market 95

Property History

Mar 02, 2026
Listed for sale
$399,500
Current
Pending
$399,500
Property Overview
Lot Size 0.73 acres
Property Type Land
Subdivision Juniper Trails 7A
STR Jurisdiction Washoe County
APN 220-021-03
Exterior & Lot
Lot Features Gentle Sloping, Greenbelt, Sloped Down, Wooded, Corners Marked, Curbs
View City, Mountain(s), Park/Greenbelt, Trees/Woods
Financial
Annual Tax $2,060
HOA Fee $461 / Quarterly
HOA / Community Caughlin Ranch
Schools
Elementary School Caughlin Ranch
Middle School Swope
High School Reno
📊

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% ($79,900)
Home price
$399,500
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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