$289,500 Active Under Contract
100 E Lenwood Drive
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,176 Sq Ft

About This Property

Opportunity is knocking at 100 E Lenwood in Sparks! Situated on a desirable corner lot, this 3-bedroom, 2-bath home is full of potential and ready for its next chapter. With a functional layout, great natural light, and solid bones, this property offers the perfect canvas for buyers looking to personalize a home and build instant value. The spacious lot provides added flexibility for outdoor living, gardening, RV parking, or future improvements, while the corner location offers extra privacy and curb appeal. Whether you're an investor, first-time buyer with vision, or someone looking for a rewarding renovation project, this home presents an exciting opportunity in an established Sparks neighborhood. With a little creativity and updating, this property could truly shine. Bring your ideas and unlock the potential of this promising fixer-upper!

Listed by Bryan Drakulich — BHG Drakulich Realty

Listing Details

Status Active Under Contract
MLS # 260005752
Days on Market 5
Price/Sq Ft $246

Property History

May 08, 2026
Listed for sale
$289,500
Current
Pending
$289,500
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,176
Lot Size 0.17 acres
Stories 1
Year Built 1962
Property Type Single Family Residence
Subdivision Sierra Estates 1B
APN 028-189-07
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level
Construction Asbestos
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $707
Schools
Elementary School Juniper
Middle School Mendive
High School Reed
📊

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($57,900)
Home price
$289,500
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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