$725,000 Active
4881 Lakeridge Terrace
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,008 Sq Ft
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About This Property

Enjoy scenic fairway living in one of Southwest Reno's most established golf course communities. This beautifully refreshed 3 bedroom, 2 bathroom residence offers 2,008 square feet overlooking the lush fairways of Lakeridge Golf Course. Expansive windows fill the home with natural light while capturing peaceful golf course and greenbelt views. The spacious living room features hardwood flooring, a fireplace, and direct access to a private balcony. The adjoining dining area flows into the kitchen, complete with warm wood cabinetry, granite countertops, stainless steel appliances, and a functional layout designed for everyday living. The generous primary suite includes a walk in closet and ensuite bath, while two additional bedrooms provide flexibility for guests, family, or a home office. Recent improvements include a full interior paint refresh, updated lighting and electrical improvements, a new front door, new skylight, new dishwasher, new kitchen faucet, refreshed landscaping, and professional carpet cleaning. A full height basement storage area with exterior access offers valuable space for seasonal décor, golf clubs, bicycles, luggage, tools, and other household storage. Ideally located near Midtown, shopping, dining, premier medical facilities, Reno Tahoe International Airport, and year round recreation, this home offers a rare opportunity to enjoy low maintenance golf course living in the heart of Southwest Reno.

Listed by Benna Mountain Luxury Real Estate — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260010106
Price/Sq Ft $361

Property History

Aug 05, 2026
Listed for sale
$725,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,008
Lot Size 0.07 acres
Stories 1
Year Built 1981
Property Type Condominium
Subdivision Lakeridge Terrace West 4
STR Jurisdiction Washoe County
APN 023-472-13
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Landscaped, Level, On Golf Course, Sprinklers In Front, Sprinklers In Rear
View Golf Course, Park/Greenbelt, Trees/Woods
Construction Brick
Roof Flat, Pitched, Shake
Foundation Crawl Space, Slab
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,089
HOA Fee $365 / Monthly
HOA / Community Lakeridge Terrace Association
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities Landscaping, Parking, Pool
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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
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% ($145,000)
Home price
$725,000
Loan details
30-yr fixed, 6.5%
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