$840,000
Active
556 Alfalfa Fields Lane
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,847
Sq Ft
About This Property
Like new and turn-key in TerReno. An open-concept floorplan fills the home with natural light, and quartz countertops carry throughout. The kitchen anchors the space with a large island, a tasteful tile backsplash, under-cabinet lighting, soft-close cabinetry, and a spacious pantry. The primary suite offers dual vanities, a walk-in shower, and a walk-in closet. A flexible office/bonus room converts easily to a fourth bedroom. Outside, one of the largest lots in the neighborhood sits as a blank canvas, with sweeping Virginia Range views as the backdrop. Schedule your private showing today.
Listed by Brent Copeland — LPT Realty, LLC
Listing Details
Status
Active
MLS #
260011130
Days on Market
1
Price/Sq Ft
$455
Property History
Aug 27, 2026
Listed for sale
$840,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,847
Lot Size
0.25 acres
Stories
1
Year Built
2025
Property Type
Single Family Residence
Subdivision
Damonte Ranch Village 21D
STR Jurisdiction
Washoe County
APN
143-441-15
Parking
Garage Spaces
2
Total Parking
4
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Rain Gutters
Lot Features
Corner Lot, Level, Sprinklers In Front
View
Mountain(s)
Construction
Stone Veneer, Stucco
Roof
Composition, Pitched
Foundation
Slab
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$5,828
HOA Fee
$65 / Monthly
HOA / Community
TerReno
Schools
Elementary School
JWood Raw
Middle School
Depoali
High School
Damonte
HOA & Community
Community Amenities
None
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% ($168,000)
Home price
$840,000
Loan details
30-yr fixed, 6.5%
