$500,000 Active
5930 Promontory 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
·
1,741 Sq Ft

About This Property

Welcome to this well-maintained home in the desirable Highland Place community, situated on one of the larger lots in the neighborhood. This spacious residence features a separate formal living room, providing the perfect space for entertaining or relaxing. The open kitchen and dining area offer both functionality and comfort, complete with stainless steel appliances and a convenient pantry for additional storage. Upstairs, you'll find a versatile loft area, a dedicated laundry room, and a generously sized primary suite featuring dual sinks, an upright shower, a garden tub, and a large walk-in closet. Step outside to enjoy the expansive backyard with a deck—ideal for outdoor gatherings, gardening, or simply enjoying the extra space. Combining comfort, space, and a prime location, this home is ready to welcome its next owner.

Listed by Alan Hoffman — HomeGate Realty of Reno

Listing Details

Status Active
MLS # 260007464
Price/Sq Ft $287

Property History

Jun 11, 2026
Listed for sale
$500,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,741
Lot Size 0.11 acres
Stories 2
Year Built 2011
Property Type Single Family Residence
Subdivision Highland Place
STR Jurisdiction Washoe County
APN 204-561-10
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level, Sprinklers In Front
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,468
HOA Fee $112 / Monthly
HOA / Community Highland Place
Schools
Elementary School Winnemucca, Sarah
Middle School Billinghurst
High School McQueen
HOA & Community
Community Amenities None
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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% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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