$475,000
Active Under Contract
265 Mia Drive
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
2.0
Baths
·
1,877
Sq Ft
About This Property
Opportunity awaits in Spanish Springs! Situated on a generous .48-acre corner lot in the desirable Eagle Canyon area, this property offers tremendous potential for investors, contractors, flippers, or buyers looking to create their dream home. With a 3 car garage and ample space for RV parking, recreational vehicles, workshops, or future improvements, the possibilities are extensive. Bring your vision and unlock the potential of this rare Spanish Springs property. New exterior paint was completed in 2025.
Listed by Kathy Williams — Sierra Sotheby's International
Listing Details
Status
Active Under Contract
MLS #
260008394
Days on Market
45
Price/Sq Ft
$253
Property History
Jul 01, 2026
Listed for sale
$475,000
Jul 10, 2026
Pending
$475,000
Property Overview
Beds
3
Baths
2.0
Sq. Ft.
1,877
Lot Size
0.48 acres
Stories
1
Year Built
1996
Property Type
Single Family Residence
Subdivision
Spanish Springs Village 7
STR Jurisdiction
Washoe County
APN
530-082-03
Parking
Garage Spaces
3
Total Parking
6
Parking Features
Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Corner Lot, Level
View
Mountain(s)
Roof
Composition, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Evaporative Cooling
Financial
Annual Tax
$2,436
HOA Fee
$18 / Monthly
HOA / Community
Spanish Springs Village
Schools
Elementary School
Hall
Middle School
Shaw Middle School
High School
Spanish Springs
HOA & Community
Community Amenities
None
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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
