$789,999 Active Under Contract
535 Cliff View Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,040 Sq Ft

About This Property

This beautiful three-bedroom, two-and-a-half-bath, two-story home is located in the quiet Mogul Meadows neighborhood. Set back from the street on its own private driveway, the home opens up to a massive lot offering exceptional space, privacy, and flexibility for a variety of needs. A beautifully landscaped courtyard provides ample room to garden, entertain, or simply enjoy the peaceful surroundings. Tucked into the hillside, the property captures mountain views and a sense of serenity while still feeling open and spacious. Inside, the home has been refreshed with a brand new kitchen, all new interior paint, carpet, exterior rain gutters and durable vinyl plank flooring throughout. Over $100,000 worth of improvement have been added to this home. Offering over 2,000 square feet, this home delivers the space and flexibility to grow, entertain, and make lasting memories.

Listed by Paul Yohey — Chase International-Damonte

Listing Details

Status Active Under Contract
MLS # 260001316
Days on Market 73
Price/Sq Ft $387

Property History

May 01, 2026
Listed for sale
$789,999
Current
Pending
$789,999
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,040
Lot Size 0.86 acres
Stories 2
Year Built 1989
Property Type Single Family Residence
Subdivision Mogul Meadows 2
STR Jurisdiction Washoe County
APN 038-575-05
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Flag Lot, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space, Full Perimeter
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $2,524
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($158,000)
Home price
$789,999
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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