$525,000 $535,000 ↓ $10,000 reduced Active Under Contract
170 Monumental Circle
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
·
1,723 Sq Ft

About This Property

Space to spread out in Spanish Springs! Situated on a generous 0.37 acre lot, this single story home offers real breathing room, with RV parking, a 3 car garage, and plenty of space for boats, trailers, motorcycles, and all the toys that come with the Northern Nevada lifestyle. Inside, vaulted ceilings and a bright great room create an open, welcoming feel from the moment you walk in. The kitchen features a center island, built in dishwasher and microwave, and an electric cooktop, all opening onto the living space so you're never far from the conversation. New luxury vinyl plank and carpet flooring in the kitchen and hallway and updated front windows are a good start toward freshening up the home. With 3 bedrooms, 2 full baths, and a half bath, there's flexibility for a home office or guest space. Step outside to a private backyard with a patio, ready for your own outdoor updates. All of this sits close to schools, shopping, and outdoor recreation, giving you easy access to everything Spanish Springs has to offer. This is a great opportunity for a buyer who wants space, location, and the chance to add their own personal touches throughout.

Listed by Jacqueline Mead — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 260007415
Days on Market 94
Price/Sq Ft $305

Property History

Jun 11, 2026
Listed for sale
$535,000
Aug 01, 2026
Price reduced
$525,000 $535,000 ↓ $10,000
Aug 28, 2026
Pending
$525,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,723
Lot Size 0.37 acres
Stories 1
Year Built 1994
Property Type Single Family Residence
Subdivision Spanish Springs Village 2
STR Jurisdiction Washoe County
APN 089-452-08
Parking
Garage Spaces 3
Total Parking 5
Parking Features Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front
View Mountain(s)
Construction Stone Veneer
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Cooling Central Air
Financial
Annual Tax $3,105
HOA Fee $150 / Annually
HOA / Community Spanish Springs Village
Schools
Elementary School Hall
Middle School Shaw Middle School
High School Spanish Springs
HOA & Community
Community Amenities None
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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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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