$520,000 Active
8972 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.
3 Beds
·
2.5 Baths
·
1,907 Sq Ft

About This Property

Your next chapter starts here! This two-story home offers an open-concept main level with a contemporary kitchen, dining area, and spacious Great Room, with perfect flow for gatherings. Upstairs offers three generous bedrooms, including a private owner's suite. Modern comforts throughout: dual-zone HVAC, smart thermostat, and a tankless water heater. The backyard is a blank canvas, ready for you to design and make your own. Located in near North Valleys Regional Park. Move-in ready; schedule your showing today!

Listed by Sreeneetha Gorla — Haute Properties NV

Listing Details

Status Active
MLS # 260011120
Days on Market 1
Price/Sq Ft $273

Property History

Aug 27, 2026
Listed for sale
$520,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,907
Lot Size 0.15 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Subdivision Stonefield Phase 4 Villages 1C & 3A
STR Jurisdiction Washoe County
APN 568-151-06
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,730
HOA Fee $75 / Quarterly
HOA / Community Associa Sierra North
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% ($104,000)
Home price
$520,000
Loan details
30-yr fixed, 6.5%
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