$675,000 $730,000 ↓ $55,000 reduced Active

4692 Canyon Ridge Lane

Reno, NV 89523

STR Status Unknown

3 Beds

2.5 Baths

1,980 Sq Ft

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About This Property

Enjoy panoramic views from the lovely 3 BR, 2 1/2 BA home. This property offers high ceilings that create a bright open feel throughout. The spacious, eat in kitchen is appointed with granite countertops, 18" tile flooring and updated appliances. A rare opportunity to own stunning mountain, valley and city views paired with thoughtful upgrades. Spacious primary suite with walk in closet, double sinks and garden tub. The home also features a new HVAC system for year-round comfort and efficiency. Quiet neighborhood with easy access to major highways and minutes from downtown Reno food and entertainment.

Listed by Linda Averett — RE/MAX Gold

Listing Details

Status Active

MLS # 260001998

Days on Market 223

Price/Sq Ft $341

Property History

Feb 23, 2026

Listed for sale

$730,000

Aug 13, 2026

Price reduced

$675,000 $699,000 ↓ $24,000

Property Overview

Beds 3

Baths 2.5

Sq. Ft. 1,980

Lot Size 0.12 acres

Stories 2

Year Built 1992

Property Type Single Family Residence

APN 400-071-06

Parking

Garage Spaces 2

Total Parking 2

Parking Features Attached, Garage, Garage Door Opener

Attached Garage Yes

Exterior & Lot

Exterior Features None

Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear

View City, Mountain(s), Valley

Roof Composition, Pitched, Shingle

Foundation Crawl Space

Utilities & Systems

Heating Forced Air, Natural Gas, Solar

Cooling Central Air

Financial

Annual Tax $2,748

HOA Fee $48 / Quarterly

HOA / Community Renovista Ridge,

Schools

Elementary School Warner

Middle School Clayton

High School Reno

HOA & Community

Community Amenities Management, None

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

Legal Occupancy

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$3,946 per month

Principal & interest

$3,413/mo

Property taxes

$229/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$12/mo

From MLS listing data.

Home insurance

$292/mo

Estimated ~$2,800–$4,200/yr — get a local broker quote for accuracy.

Down payment

20% ($135,000)

Home price

$675,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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