$850,000 Active Under Contract
4520 Great Falls Loop
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,583 Sq Ft

About This Property

Nestled in the coveted Rolling Hills community of Galena, just off Mount Rose Highway, this standout home offers nearly 2,600 square feet of thoughtfully designed living space — where the mountain setting isn't just a backdrop, it's part of everyday life. The heart of this property extends well beyond its walls. A spacious patio, lush lawn, and garden area create the perfect setting for entertaining, while sweeping mountain, valley, and city views make every gathering feel like something special. The private backyard backs open land, giving you that rare sense of space and serenity that's hard to find anywhere else. Inside, you'll find a home that has been carefully loved and enjoyed to its fullest — and is now ready to embrace the next generation. For the active family, this property delivers. Dedicated RV parking and room for all your toys means there's space for every adventure. Whether you're hitting the slopes at Mount Rose, exploring the trails nearby, or simply unwinding in your own backyard retreat — this home is built for the way you want to live. Comfort, recreation, and location — all in one remarkable package. This is more than a home. It's a lifestyle waiting for you.

Listed by Gregg Moore — Chase International-Damonte

Listing Details

Status Active Under Contract
MLS # 260004848
Days on Market 16
Price/Sq Ft $329

Property History

Apr 22, 2026
Listed for sale
$850,000
Current
Pending
$850,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,583
Lot Size 0.28 acres
Stories 2
Year Built 2000
Property Type Single Family Residence
Subdivision Galena Terrace 9
APN 144-202-12
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Valley
Construction Masonite
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,021
HOA Fee $210 / Annually
HOA / Community Galena Terrace
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($170,000)
Home price
$850,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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