$470,000 Active
1751 Golden Spike Drive
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,128 Sq Ft

About This Property

Bring your vision and your toolbox! This 4-bedroom, 3-bath split-level Sparks home offers an exciting opportunity for a buyer ready to create something special. Built in 1985 and featuring a mostly original interior with little to no updating, this property is full of potential. The thoughtfully arranged split-level floor plan offers flexibility and separation between living spaces. The lower level features one bedroom and one bathroom, along with a spacious family/recreation room that opens directly to the backyard patio. A cozy fireplace creates a welcoming focal point in this versatile space—perfect for movie nights, entertaining, a game room, or a comfortable second living area. Upstairs, the home offers three additional bedrooms and two bathrooms (including the primary bedroom and bathroom), providing plenty of room for family, guests, or a home office. Outside, enjoy the convenience of a backyard patio and additional yard storage shed for, tools, outdoor equipment, and storage needs. The seller wishes to leave behind the current yard tools in the sale of the property. Located directly across from Woodtrail Park, this property offers a great location with recreational space right across the street. The park features exercise equipment, a playground, and even a tennis court. This is a true renovator's dream for someone who can see beyond the existing finishes and envision the possibilities. The home retains much of its original character, has little to no modern updating, and does not have central cooling—providing opportunities for a future owner to modernize the home to their own taste and needs. Whether you're an investor, contractor, experienced DIYer, or simply a buyer looking for a home you can make your own, this property is ready for its next chapter! Property is getting a new garage door at the end of August!

Listed by Ellen Lan — All Star Realty

Listing Details

Status Active
MLS # 260011127
Days on Market 1
Price/Sq Ft $221

Property History

Aug 27, 2026
Listed for sale
$470,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,128
Lot Size 0.20 acres
Stories 2
Year Built 1985
Property Type Single Family Residence
Subdivision Willow Creek Station 5
STR Jurisdiction Washoe County
APN 030-171-28
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
View Park/Greenbelt, Trees/Woods
Roof Composition
Foundation Crawl Space, Slab
Utilities & Systems
Heating Forced Air
Cooling Wall/Window Unit(s)
Financial
Annual Tax $2,594
Schools
Elementary School Diedrichsen
Middle School Mendive
High School Reed
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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% ($94,000)
Home price
$470,000
Loan details
30-yr fixed, 6.5%
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