$490,000 Active
4490 Sierra Madre Drive
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,634 Sq Ft

About This Property

Welcome to this inviting single-story home in Reno's established Donner Springs neighborhood, offering 3 bedrooms, 2 bathrooms, and 1,634 square feet of comfortable living space. Soaring vaulted ceilings with exposed beams create an airy feel, while the spacious living room features a striking floor-to-ceiling stone fireplace as its centerpiece. A second family room opens to the backyard, providing flexible space for relaxing or entertaining. The functional kitchen offers abundant cabinetry, generous counter space, and stainless steel appliances with plenty of opportunity to make it your own. The primary suite features direct backyard access, creating a private retreat with seamless indoor-outdoor living. Outside, mature landscaping provides shade, privacy, and curb appeal, while the backyard offers space to unwind or entertain. Ideally located just minutes from shopping, dining, parks, schools, and easy freeway access, this home combines a desirable central Reno location with endless potential to personalize and make it your own.

Listed by Greg Stone — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260010027
Price/Sq Ft $300

Property History

Aug 04, 2026
Listed for sale
$490,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,634
Lot Size 0.15 acres
Stories 1
Year Built 1979
Property Type Single Family Residence
Subdivision Donner Springs 6
STR Jurisdiction Washoe County
APN 021-364-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s)
Construction Masonite
Roof Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $1,723
Schools
Elementary School Donner Springs
Middle School Depoali
High School Damonte
📊

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% ($98,000)
Home price
$490,000
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