$545,000 Active Under Contract
8942 Elk Ravine Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,680 Sq Ft

About This Property

Seller is open to back-up offers. VA assumable loan at 3.875% available to qualified Veterans. Built in 2021, this 4 bedroom, 3 bathroom home offers 2,680 square feet of living space on a large lot. A bedroom and full bathroom on the main level offer flexibility for guests, a home office, or multigenerational living. The kitchen features extensive cabinetry, granite countertops, a large walk in pantry with additional storage tucked beneath the staircase, gas range, breakfast bar, and a spacious island. The kitchen, dining area and great room overlook the backyard, with a sliding glass door providing direct access to the covered patio. Upstairs, a generous recreation room serves as the hub of the second level. Surrounded by the secondary bedrooms, laundry room, and primary suite, it creates a fun space for movies, games, hobbies, and gathering with friends. Secondary bedrooms feature walk in closets, while the laundry room offers extensive built in shelving and storage. The primary suite features a walk in closet plus a secondary closet, along with a raised vanity, double sinks, and upgraded Petrofina countertops. Additional features include dual zone HVAC, smart thermostat controls, and a tankless water heater. The backyard is designed for easy maintenance with artificial turf, a covered patio, and extended patio space. A long driveway, garage, and side yard provide plenty of room for vehicles, storage, and outdoor toys.

Listed by Joanne Tiernan — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 260007333
Days on Market 4
Price/Sq Ft $203

Property History

Jun 09, 2026
Listed for sale
$545,000
Current
Pending
$545,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,680
Lot Size 0.16 acres
Stories 2
Year Built 2021
Property Type Single Family Residence
Subdivision Stonefield Phase 4 Village 4
STR Jurisdiction Washoe County
APN 568-224-03
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Desert, Mountain(s), Valley
Construction Stone Veneer, Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,446
HOA Fee $35 / Monthly
HOA / Community Stonefield HOA
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
📊

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% ($109,000)
Home price
$545,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

Send a Message

Or call directly: 530.613.5207