$439,900 $449,900 ↓ $10,000 reduced Active
18 E Prater 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
·
1,612 Sq Ft

About This Property

Step into ownership without the hidden monthly costs. This 3 bedroom, 2 bath home at 18 E Prater Way comes with fully paid off solar no lease to take over, no lien to assume, just lower electric bills from day one. At 1,612 square feet, the layout is easy to live in: an open kitchen flowing into the living and dining areas, laminate flooring through the main spaces, and a bonus sunroom that flexes as a home office, gym, or quiet retreat. Outside, the large lot is landscaped for low upkeep, so weekends stay yours instead of your yard's. Vinyl siding and brick veneer keep exterior maintenance simple too. All of this sits in a convenient Sparks location close to shopping, dining, and commuter routes via I 80 practical daily living without the drive time tax. This is a home built to keep your monthly costs predictable: paid off solar, low maintenance landscaping, and a functional floor plan that doesn't ask for immediate work. Move in and settle in.

Listed by Lam Nguyen — LPT Realty, LLC

Listing Details

Status Active
MLS # 260004220
Days on Market 125
Price/Sq Ft $273

Property History

Apr 09, 2026
Listed for sale
$439,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2024 $399,900 Brenda AucuttRE/MAX Professionals-Sparks Lam NguyenLPT Realty, LLC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,612
Lot Size 0.17 acres
Stories 1
Year Built 1957
Property Type Single Family Residence
Subdivision Green Brae Terrace Addition 12
STR Jurisdiction Washoe County
APN 033-132-21
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $999
Schools
Elementary School Greenbrae
Middle School Dilworth
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
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% ($87,980)
Home price
$439,900
Loan details
30-yr fixed, 6.5%
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