$515,000 Active
1042 Peach Blossom Way
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,948 Sq Ft

About This Property

Beautifully situated on a desirable corner lot within the gated Cottages at Kiley Ranch, this thoughtfully designed home combines comfort, style, and low-maintenance living with convenient access to shopping, dining, golf, parks, and schools. Step inside to discover an inviting open floor plan with soaring ceilings and tile flooring throughout the main level. The spacious kitchen is beautifully appointed with stainless steel appliances, granite slab countertops, a breakfast bar, and abundant cabinetry, making it the perfect space for both everyday living and entertaining. The adjoining living room is anchored by a travertine gas fireplace, creating a warm and welcoming atmosphere. Upstairs, a versatile loft provides the perfect space for a reading nook, home office, media room, or additional living area. The thoughtfully designed floor plan provides comfortable bedrooms and plenty of room to fit your lifestyle. Enjoy your morning coffee on the charming front porch or unwind in the fully landscaped backyard, designed for relaxing and entertaining with minimal maintenance. A spacious 2-car garage provides ample room for parking and additional storage.

Listed by Ashley Whitemaine Marshall — Ferrari-Lund Real Estate Reno

Listing Details

Status Active
MLS # 260010848
Price/Sq Ft $264

Property History

Aug 21, 2026
Listed for sale
$515,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,948
Lot Size 0.06 acres
Stories 2
Year Built 2005
Property Type Single Family Residence
Subdivision First Tee 3 At Kiley Ranch
STR Jurisdiction Washoe County
APN 510-531-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,010
HOA Fee $114 / Monthly
HOA / Community Kiley Ranch Cottages
Schools
Elementary School Sepulveda
Middle School Shaw Middle School
High School Reed
HOA & Community
Community Amenities Gated, Landscaping
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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% ($103,000)
Home price
$515,000
Loan details
30-yr fixed, 6.5%
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