$1,000,000 Active
4630 Cobra Drive
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
3,034 Sq Ft

About This Property

Discover this beautifully maintained 4 bedroom, 3 bathroom home offering 3,034 sq ft of thoughtfully designed living space and 4 car garage! From the long south-facing driveway to the attention-to-detail landscaping, this property is packed with upgrades and functionality, with the exterior being painted in 2022. Inside, you'll find abundant storage throughout, an office with a door to the east patio, central vacuum, under cabinet lighting, wired for security/communications inside, 3-bolt security doors, and a finished storage area complete with HVAC for added versatility. The garage is equipped with cabinets, shelfs, and extra outlets including 220V power, perfect for hobbies, projects, or additional equipment. Designed with convenience in mind, this home has Christmas light outlets for seasonal decorating, features an insulated doggy door, dedicated indoor dog area, and outdoor dog run. The backyard is ready for entertaining with a gas stub for a future outdoor kitchen, no rear neighbors, stunning mountain view, sunshades on the patio cover, and an additional patio area on the east side for extra outdoor living space. Located just minutes from shopping, restaurants, Golden Eagle Regional Park and Sports Complex, and countless walking and hiking trails, this home combines comfort, functionality, and an unbeatable location. Listing Agent is related to seller.

Listed by Jaden Claiborne — Ferrari-Lund R.E. Sparks

Listing Details

Status Active
MLS # 260005680
Days on Market 32
Price/Sq Ft $330

Property History

May 07, 2026
Listed for sale
$1,000,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,034
Lot Size 0.38 acres
Stories 1
Year Built 2007
Property Type Single Family Residence
Subdivision Upper Highlands At Cimarron East Phase 2
APN 527-112-17
Parking
Garage Spaces 4
Total Parking 10
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Common Area, Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Construction Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,933
HOA Fee $145 / Quarterly
HOA / Community The Highlands at Cimarron East
Schools
Elementary School Spanish Springs
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 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% ($200,000)
Home price
$1,000,000
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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