$1,100,000 Active
5898 Flowering Sage Court
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Outstanding opportunity to build your dream home on this premiere site in Arrowcreek! This is one of the last spectacular city view lots on the golf course available in Arrowcreek. Stunning 180-degree unobstructed views of the city and the surrounding area. Overlooking the the 9th fairway, this lot is located in The Reserves, a private sub-gated area within Arrowcreek. This may be a once in a lifetime chance to build on a rare 1+ acre site within this exceptional community. Golf and social memberships available at the Club at Arrowcreek, featuring two championship golf courses, dining options, amazing pool complex, indoor/outdoor pickleball, state-of-the-art fitness center, events center, and numerous additional amenities. Arrowcreek HOA features 24 hr. gated security, residents center with pool, gym, pickleball and more. Truly a remarkable lot.

Listed by Carol Bond — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260009526

Property History

Jul 24, 2026
Listed for sale
$1,100,000
Property Overview
Lot Size 1.03 acres
Property Type Land
Subdivision Arrowcreek 23
STR Jurisdiction Washoe County
APN 152-452-04
Exterior & Lot
Lot Features Cul-De-Sac, On Golf Course
View City, Desert, Golf Course, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $1,794
HOA Fee $392 / Monthly
HOA / Community Arrowcreek
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
📊

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% ($220,000)
Home price
$1,100,000
Loan details
30-yr fixed, 6.5%
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