$749,900 Active Under Contract
4945 W Lakeridge Terrace Lane
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
2,876 Sq Ft
Virtual Tour

About This Property

Escape to this serene, pond-front retreat in the heart of Lakeridge Terrace West. Tucked away for maximum privacy, this condo sits on the pond, offering peaceful views of the pond and greenbelt from your own private brick patio. Inside, the home feels warm and features skylights, plantation shutters, and a seamless mix of travertine and real hardwood floors. The kitchen is designed for real cooking with an induction range, plenty of counter space, and several pantries. The living room centers around a cozy gas fireplace overlooking the water, and the dining room is large and open. The primary suite is a true standout--updated with a large, modern walk-in tiled shower, double sinks--all while keeping those great views of the pond and access to the patio. A second bedroom sits at the front of the home, overlooking the courtyard. One of the most unique features is the private elevator which makes the extra-large basement fully accessible. This lower level is incredibly versatile--complete with a Murphy bed and a full bathroom featuring a jetted tub--making it an ideal guest suite, home office, hobby space or home theater. The storage throughout is endless, and even the laundry room is upgraded with extra cabinets and a utility sink. HVAC system was replaced in 2015. Brand new roof is being installed on the pitch portion of the roof with a 50-year composition roof. Centrally located in the heart of southwest Reno and steps away from the community pool!

Listed by Karen Melarkey — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260005126
Days on Market 10
Price/Sq Ft $261

Property History

Apr 27, 2026
Listed for sale
$749,900
Current
Pending
$749,900
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,876
Lot Size 0.07 acres
Stories 1
Year Built 1976
Property Type Condominium
Subdivision Lakeridge Terrace West 3
APN 023-471-02
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Adjoins Lake, Common Area, Cul-De-Sac, Greenbelt, Landscaped, Level, Sprinklers In Front
View Park/Greenbelt, Trees/Woods
Construction Brick
Roof Composition, Flat, Pitched
Foundation Brick/Mortar, Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Water Source Pond
Financial
Annual Tax $3,385
HOA Fee $365 / Monthly
HOA / Community Lakeridge Terrace
Schools
Elementary School Caughlin Ranch
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Management, 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($149,980)
Home price
$749,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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