$950,000 Active
4659 Tobago 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
·
2.5 Baths
·
2,734 Sq Ft

About This Property

Captivating Panoramic Mountain Views in the Upper Highlands at Cimarron. Welcome to this beautifully positioned and meticulously maintained home in one of the area's most sought-after and quiet neighborhoods, where unobstructed mountain views and sweeping vistas of Sparks and Wingfield Springs create a stunning backdrop to everyday living. From the moment you arrive, the setting offers a sense of space, privacy, and tranquility that is hard to find. A welcoming foyer sets the tone as you enter the home, leading into a spacious and functional layout designed for both comfort and flexibility. The well-appointed kitchen features granite countertops and generous prep space, ideal for everyday living and entertaining alike. The primary suite offers a relaxing retreat, complete with walk-in closets and a thoughtfully designed bathroom layout. Step outside and the experience truly comes to life, imagine starting your mornings with coffee overlooking Mt. Rose, or unwinding in the evening as the mountains glow at sunset. This backyard is a standout, thoughtfully designed with a custom rock waterfall feature and a unique side-yard putting green the kids are sure to enjoy, creating an inviting space to relax, entertain, and enjoy the outdoors. Two separate garages provide exceptional versatility for vehicles, storage, hobbies, or additional workspace. Blending natural beauty, thoughtful design, and room to breathe, this home offers a rare opportunity to enjoy one of the most desirable settings in the Highlands. Homes with unobstructed mountain views like this are rare, this is one you won't want to miss.

Listed by Justin Freschi — Coldwell Banker Select Reno

Listing Details

Status Active
MLS # 260006034
Price/Sq Ft $347

Property History

May 14, 2026
Listed for sale
$950,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,734
Lot Size 0.40 acres
Stories 1
Year Built 2012
Property Type Single Family Residence
Subdivision Upper Highlands At Cimarron East Phase 3
APN 527-153-01
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods, Valley
Construction Insulation - Batts, Insulation - Blown-In, Concrete, Frame, Glass, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $5,957
HOA Fee $145 / Quarterly
HOA / Community Highlands at Cimarron East
Schools
Elementary School Spanish Springs
Middle School Shaw Middle School
High School Spanish Springs
HOA & Community
Community Amenities Management
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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% ($190,000)
Home price
$950,000
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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