$509,000 Active Under Contract
1522 Satellite Drive
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,744 Sq Ft

About This Property

Back on Market as of 04/10/2026 Buyer did not qualify One block off Vista /Corner lot level with gentle up slope in back fully landscaped. 4 bedrooms 2 baths 2 car garage open floor plan with breakfast nook, wood burning fireplace and ceiling fan. Stainless appliances .... very well maintained and move in ready. Master has 2 closets, ceiling fan, double sinks large walk in shower and door to access back patio and large shed on raised foundation. Kitchen and baths have been updated in last 5 years and newer water heater and furnace. Double fence to backyard for RV/Boat parking behind fence.

Listed by Sue Bailey — Estate Realty

Listing Details

Status Active Under Contract
MLS # 260002797
Days on Market 56
Price/Sq Ft $292

Property History

Mar 13, 2026
Listed for sale
$509,000
Current
Pending
$509,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,744
Lot Size 0.19 acres
Stories 1
Year Built 1988
Property Type Single Family Residence
Subdivision Satellite Hills 2B
APN 514-091-03
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, Gentle Sloping, Landscaped, Level, Sloped Up
Construction Stone
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $2,543
Schools
Elementary School Whitehead
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% ($101,800)
Home price
$509,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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