$475,000 Active
7709 Wandering Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
1,716 Sq Ft

About This Property

Modern style, comfortable living, and room for everyone! This newer 4-bedroom, 2.5-bath home offers 1,716 sq. ft. of well-designed living space in Reno's growing Stead area. Enjoy a bright, open layout that makes the main living areas feel spacious and inviting, with a modern kitchen that flows easily into the dining and living spaces. Upstairs provides plenty of room for bedrooms, a home office, or guests. A 2-car garage adds everyday convenience, while the low-maintenance lot means more time to enjoy your home. Built in 2024, this property delivers the fresh feel buyers want without the wait for new construction. Conveniently located near schools, shopping, parks, and North Valleys amenities, with easy access to US-395 for trips into Reno.

Listed by Paul Dunham — Elevate Realty

Listing Details

Status Active
MLS # 260012157
Days on Market 1
Price/Sq Ft $277

Property History

Sep 21, 2026
Listed for sale
$475,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,716
Lot Size 0.07 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Subdivision Arroyo Crossing Phase 1
STR Jurisdiction Washoe County
APN 550-684-15
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Insulation - Batts, Insulation - Blown-In, Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $4,432
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 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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
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