$799,950 $806,950 ↓ $7,000 reduced Active Under Contract

7837 Tortoise Shell Drive #Homesite 697

Reno, NV 89521

This home is under contract. See 6 similar homes for sale in and around Reno ↓

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STR Status Unknown

4 Beds

2.5 Baths

2,300 Sq Ft

Our data on this home

Home insurance $3,300 – $4,800/yr Standard homeowners policy

About This Property

This single-level home features a spacious open-concept design where the family room, kitchen and dining room meet, offering direct access to the covered patio for seamless indoor-outdoor living and entertaining. The owner's suite is situated privately at the back of the home, while three additional bedrooms can be found among a shared hallway off the living and dining space.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active Under Contract

MLS # 260010246

Days on Market 71

Price/Sq Ft $348

Property History

Aug 08, 2026

Listed for sale

$806,950

Aug 14, 2026

Price reduced

$799,950 $806,950 ↓ $7,000

Aug 19, 2026

Pending

$799,950

Property Overview

Beds 4

Baths 2.5

Sq. Ft. 2,300

Lot Size 0.17 acres

Stories 1

Year Built 2026

Property Type Single Family Residence

Subdivision Talus Valley East Village 26

APN 165-372-28

Parking

Garage Spaces 3

Total Parking 3

Parking Features Attached, Garage, Garage Door Opener, Tandem

Attached Garage Yes

Exterior & Lot

Exterior Features None

Lot Features Landscaped, Level, Sprinklers In Front

Construction Stucco

Roof Composition, Pitched, Shingle

Foundation Slab

Utilities & Systems

Heating Electric, Forced Air, Natural Gas

Cooling Central Air, Electric

Financial

Annual Tax $984

Schools

Elementary School Nick Poulakidas

Middle School Depoali

High School Damonte

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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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~— per month

Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Home Insurance Estimate

Standard homeowners policy for this home

$3,300 – $4,800/yr

about $338/mo

Est. Rebuild Cost (Coverage A)

$966,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$4,465 per month

Principal & interest

$4,045/mo

Property taxes

$82/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$338/mo

Estimated ~$3,300–$4,800/yr — get a local broker quote for accuracy.

Down payment

20% ($159,990)

Home price

$799,950

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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