$474,500 Active
1400 Gault Way
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
·
1,575 Sq Ft
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About This Property

Welcome to 1400 Gault Way—move-in ready and thoughtfully updated with 1,575 sq ft of living space. This 3-bedroom, 2-bath home offers a spacious primary suite with a private full bathroom and a functional layout designed for everyday living. Inside, hardwood floors throughout create a warm, cohesive feel, complemented by fresh interior paint. Enjoy a cozy fireplace in the main living area, plus brand-new carpet in the family room—comfortable, clean, and ready for move-in day. The 7,000+ sq ft lot provides a large backyard with room to entertain, garden, or play, and the covered back porch is an ideal spot to unwind outdoors. Automated front and back irrigation supports easy upkeep and great curb appeal. A 2-car garage adds convenient parking and extra storage. Convenient access to US-395 and I-80 makes commuting easy, with nearby shopping, dining, grocery stores, The Outlets at Legends, Sparks Marina, parks, golf, and the events around Victorian Square. Major updates include a new roof (April 2026), furnace (2022), and water heater (2024)—helping reduce near-term maintenance concerns. SPECIAL FINANCING may be available for qualified owner-occupied buyers. Eligible borrowers may have options such as a lower down payment, no mortgage insurance, and/or assistance with closing costs. Buyer must qualify with the lender; terms and availability subject to change.

Listed by Kerry Joslyn — Chase International-Damonte

Listing Details

Status Active
MLS # 260006278
Price/Sq Ft $301

Property History

May 18, 2026
Listed for sale
$474,500
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,575
Lot Size 0.17 acres
Stories 1
Year Built 1960
Property Type Single Family Residence
Subdivision Green Brae Terrace Westerly Addition J
APN 027-231-19
Parking
Garage Spaces 2
Total Parking 5
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Asbestos
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $818
Schools
Elementary School Maxwell
Middle School Sparks
High School Sparks
📊

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% ($94,900)
Home price
$474,500
Loan details
30-yr fixed, 6.5%
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