$529,800 Active
7397 Mountain Top Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,503 Sq Ft
Virtual Tour

About This Property

Rare North Valleys Opportunity with Massive Oversized Lot and Assumable Loan. Nearly new 2024 single-story home offering 3 bedrooms, 2 bathrooms, and 1,503 sq ft of modern living on a lot nearly four times larger than most in the neighborhood. Enjoy mountain views, smart-home features, and an assumable loan opportunity. Refrigerator, washer, and dryer included (as-is). The front yard is professionally landscaped for low maintenance, while the expansive backyard has been landscaped yet still offers plenty of room for your final touches, perfect for a future pool, outdoor entertaining, or a custom retreat. Additional highlights include a 2-car garage, smart security system with solar floodlight cameras, and convenient freeway access to shopping, parks, and downtown Reno. A rare combination of newer construction, oversized lot, and flexible outdoor potential. Don't miss it.

Listed by Andrew Johnson — eXp Realty, LLC

Listing Details

Status Active
MLS # 260001306
Days on Market 101
Price/Sq Ft $352

Property History

Feb 05, 2026
Listed for sale
$529,800
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,503
Lot Size 0.43 acres
Stories 1
Year Built 2024
Property Type Single Family Residence
Subdivision Arroyo Crossing Phase 1
APN 550-671-04
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Insulation - Batts, Stucco
Roof Pitched
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $4,678
HOA Fee $68 / Monthly
HOA / Community The Management Trust
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($105,960)
Home price
$529,800
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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