$599,950 Active
7650 Hillview Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
4.0 Baths
·
3,420 Sq Ft

About This Property

The possibilities are endless with this property! There is room for horses, RVs, a large second shop and RV garage, or just a huge garden. This property is just over an acre and has a very large 3 bedroom, 3 full bathroom home, as well as a detached and completely finished 1040sf shop/garage with a 980sf 2 bedroom 1 bathroom apartment above that boasts a full kitchen, laundry, and large family room. The asphalt driveways allow for ample parking for all the parties you are going to have enjoying this gem with all of your friends. There is a pond, a "mine shaft", extra large storage shed, gazebos, a large covered patio, a sunroom with spa and sauna. Solar and a new roof were installed 10 years ago. The shop apartment has a deck out back to enjoy the sunsets. This property has everything you would want and just needs a little bit of your love.

Listed by Jennifer McCarthy — Nevada's Best

Listing Details

Status Active
MLS # 260009936
Price/Sq Ft $175

Property History

Aug 01, 2026
Listed for sale
$599,950
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,420
Lot Size 1.03 acres
Stories 1
Year Built 1971
Property Type Single Family Residence
Subdivision Medallion Estates 1
STR Jurisdiction Washoe County
APN 552-164-09
Parking
Garage Spaces 4
Total Parking 10
Parking Features Additional Parking, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Mountain(s)
Construction Brick Veneer
Roof Composition
Foundation Crawl Space, Slab
Utilities & Systems
Heating Electric, Forced Air
Cooling Electric
Financial
Annual Tax $2,946
Schools
Elementary School Smith, Alice
Middle School OBrien
High School North Valleys
📊

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% ($119,990)
Home price
$599,950
Loan details
30-yr fixed, 6.5%
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