$810,000 Active
8787 Damselfly Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,285 Sq Ft
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About This Property

The entire neighborhood is a prized pocket of privacy. Find quiet seclusion in a bend of the Truckee River west of Old Southwest Reno. Welcome to River Park. Trailheads beckon from your doorstep. Stroll down and fish from the riverbank. Enjoy block parties and Trick or Treating, but there's no HOA. Folks in the neighborhood rarely move away from these beautiful streets. The Farmer's Market and restaurants are 7 minutes away, Downtown Reno is a 9 minute drive. Mature evergreens flank the back yard; the Pear tree, Apple tree, and Strawberries are fruiting nicely. Treetop and mountain peak views stream in through updated energy efficient windows, a new front door, and through a beautiful new natural wood patio slider downstairs. Enjoy the Greenhouse, the shed and the raised garden bed. This floorplan offers privacy, connectedness, space for entertaining and excellent views. The extra room downstairs makes a wonderful office and workout space. The large three car garage has an updated garage door lift motor, racks for seasonal storage, cabinets for organization, a work bench, and an updated furnace and tankless water heater.

Listed by Jeffrey Loftin — Dickson Realty - Downtown

Listing Details

Status Active
MLS # 260011662
Days on Market 3
Price/Sq Ft $354

Property History

Sep 10, 2026
Listed for sale
$810,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2023 $701,000 Laura KirschMarmot Properties, LLC Jeffrey LoftinDickson Realty - Downtown

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,285
Lot Size 0.15 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
Subdivision River Park 2
STR Jurisdiction Washoe County
APN 038-782-09
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Peek, Trees/Woods
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,061
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
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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% ($162,000)
Home price
$810,000
Loan details
30-yr fixed, 6.5%
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