$299,900 Active Under Contract
1531 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
·
1,048 Sq Ft

About This Property

Welcome home to comfort, convenience, and everyday ease in the heart of Sparks. This charming single-story residence offers 3 bedrooms, 2 bathrooms, and 1,048 square feet of thoughtfully designed living space, plus an attached 1-car garage. With a functional layout and inviting atmosphere, this home provides the perfect blend of practicality and warmth. Step inside to a welcoming interior that feels instantly comfortable. The efficient floor plan maximizes space while creating a natural flow between living areas, making everyday living both easy and enjoyable. Generously sized bedrooms provide plenty of room to relax and unwind, while the single-level design offers convenience and accessibility for a variety of lifestyles. Outside, the low maintenance backyard offers great possibilities. Whether you envision a small garden area, outdoor entertaining space, play area, or simply a peaceful retreat to enjoy Northern Nevada evenings, this blank canvas is ready for your personal touch and creativity. Ideally located in central Sparks, the home is within close proximity to Alice Maxwell Elementary School, Sparks Middle School, and Sparks High School, making school commutes simple and convenient. You'll also enjoy easy access to nearby shopping, dining, parks, recreation, and entertainment options, allowing you to experience everything the Sparks community has to offer just minutes from your doorstep. Whether you're a first-time homebuyer, investor, or someone looking for the ease of single-story living in a convenient location, this home offers a wonderful opportunity to make it your own.

Listed by Lacie Carl — Clark Real Estate & Inv.

Listing Details

Status Active Under Contract
MLS # 260005244
Days on Market 14
Price/Sq Ft $286

Property History

Apr 29, 2026
Listed for sale
$299,900
Current
Pending
$299,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,048
Stories 1
Year Built 1971
Property Type Townhouse
Subdivision Meadowvale 8A
APN 027-034-35
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level
Construction Brick Veneer, Frame
Roof Flat
Foundation Slab
Utilities & Systems
Heating Natural Gas
Financial
Annual Tax $797
HOA Fee $200 / Monthly
HOA / Community Meadowvale Condominium Association
Schools
Elementary School Maxwell
Middle School Sparks
High School Sparks
HOA & Community
Community Amenities Landscaping, Parking
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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 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% ($59,980)
Home price
$299,900
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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