$210,000 $228,500 ↓ $18,500 reduced Active
863 Nutmeg Place #12
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
936 Sq Ft

About This Property

Great Opportunity! Two-story home featuring durable tile flooring throughout and a recently painted interior that offers a fresh, move-in-ready feel. Enjoy year-round comfort with central A/C and relax outdoors on the private back patio. The HOA provides excellent amenities, including a community pool, picnic area, trash service, and a carport. Conveniently located next to a park, police station, and the Boys & Girls Club, this property offers easy access to everyday conveniences and recreation. Just minutes from Meadowood Mall, local casinos, Reno-Tahoe International Airport, major highway access, shopping, dining, and much more. An excellent opportunity for homeowners or investors seeking comfort, convenience, and value in a prime Reno location.

Listed by Juan Segura — Reno Real Estate

Listing Details

Status Active
MLS # 250052349
Days on Market 362
Price/Sq Ft $224

Property History

Jun 30, 2025
Listed for sale
$210,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 936
Lot Size 0.01 acres
Stories 2
Year Built 1979
Property Type Condominium
Subdivision Summersnow Condominiums
STR Jurisdiction Washoe County
APN 020-484-14
Parking
Total Parking 1
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features None
View Park/Greenbelt
Construction Concrete, Frame
Roof Asphalt, Shingle
Foundation Slab
Pool & Spa
Pool Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $438
HOA Fee $278 / Monthly
HOA / Community Reno Property Management
Schools
Elementary School Smithridge
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Landscaping, Parking, Pool
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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% ($42,000)
Home price
$210,000
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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