$359,900 Active Under Contract
4795 Ciarra Kennedy Lane
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,302 Sq Ft

About This Property

Welcome to Rancho Hills, where comfort, convenience, and location come together in this Desert Wind Homes townhome. This home features dual master suites, a functional kitchen with stainless steel appliances, and a spacious tandem two-car garage with —offering plenty of space and potential. Ideally located just minutes from UNR, TMCC, and easy freeway access, you'll enjoy the convenience of city living while being close to the trails and natural beauty of San Rafael Regional Park. With a desirable central Reno location and room to make it your own, this property is a great opportunity for first-time buyers, investors, or anyone looking to add personal touches and build value. Opportunities like this in central Reno don't come around often—don't miss it! Agents- Please see private remarks.

Listed by Monira West — The Agency Reno

Listing Details

Status Active Under Contract
MLS # 260002711
Days on Market 57
Price/Sq Ft $276

Property History

Mar 12, 2026
Listed for sale
$359,900
Current
Pending
$359,900
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,302
Lot Size 0.03 acres
Stories 3
Year Built 2007
Property Type Townhouse
Subdivision Rancho San Rafael Townhomes Phase 3
APN 003-803-44
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Common Area
View Mountain(s)
Construction Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $1,608
HOA Fee $200 / Monthly
HOA / Community Western Nevada Mgmt
Schools
Elementary School Elmcrest
Middle School Clayton
High School McQueen
HOA & Community
Community Amenities Parking
📊

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% ($71,980)
Home price
$359,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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