$385,000 Active
483 W Patrician Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,716 Sq Ft

About This Property

Remodeled, move-in ready & thoughtfully designed—this large 4-bedroom, flex room & 2-bath home on a 0.16 acre lot checks all the right boxes! Home blends modern & artistic updates with charming original character. Flex room creates an ideal space for a home office, playroom, hobby area, media room or second living space. Property is located in an established Lemmon Valley community close to shopping, everyday services, schools & neighborhood recreation, with easy access to the outdoor lifestyle Reno is known for. Fully remodeled approximately 3 years ago, the home features an updated kitchen, bathrooms, bedrooms, interior & exterior paint, bedroom carpeting, laminate flooring throughout the remaining living areas, & updated lighting fixtures in every room. Furnace & roof were replaced 1.5 & 5 years ago, respectively. Along side the updates, distinctive custom wood detailing were added including a striking floor-to-ceiling wood slat accent wall in the living room & a custom geometric wood-trim feature in the flex room. Character defining custom window treatments were installed throughout the home. Original architectural details add personality, including cathedral ceilings, grid-style windows, & charming engraved-glass windows throughout. Outside, the paved driveway offers plenty of comfortable parking for several vehicles, RV, outdoor toys, or a combination of any. The open side yards offer a blank canvas for gardening, entertaining, additional storage or creating your own outdoor retreat. Two large storage sheds are included. Refrigerator, Washer & Dryer are included with no warranty or guarantee. Buyer & buyers agent to confirm all. Open house Sep 12th from 11-2 pm, 13th from 12-2 pm & 15th from 1-4 pm.

Listed by Rubi Figueroa-Teran — BHG Drakulich Realty

Listing Details

Status Active
MLS # 260011666
Days on Market 3
Price/Sq Ft $224

Property History

Sep 10, 2026
Listed for sale
$385,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,716
Lot Size 0.16 acres
Stories 1
Year Built 1993
Property Type Manufactured Home
Subdivision Valley Village 3 & 4
STR Jurisdiction Washoe County
APN 080-521-12
Parking
Total Parking 6
Parking Features RV Access/Parking, Tandem
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level
View Mountain(s)
Construction HardiPlank Type
Roof Shingle
Foundation 8-Point
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $270
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($77,000)
Home price
$385,000
Loan details
30-yr fixed, 6.5%
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