$350,000
Active
5475 Vista Terrace Lane
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
This is an exceptional property in Sparks Nevada with magnificent views of Reno, Sparks, Sierra Mountains, Peavine mountain including sunrise to sunset visibility. What a beautiful place to build your dream home. Water, power and electricity are located at the curb. Seller has already completed the hard parts- Survey TOPO mapping, structural engineering with architectural plans, approved site plan along with HOA approval. The plans is for a 2 story home. Main floor living 2680 sq ft, lower floor living 920 sq ft. Two car garage 957 sq ft. One car garage 957 sq ft. Upstairs- 2 primary suites, 2.5 bathrooms- Downstairs 2 bedrooms, 1 bathroom plus bonus/workshop.
Listed by Tammy Olivas — RE/MAX Professionals-Carson
Listing Details
Status
Active
MLS #
260005480
Days on Market
33
Property History
May 03, 2026
Listed for sale
$350,000
Property Overview
Lot Size
0.34 acres
Property Type
Land
Subdivision
Vista Ridge 2B
STR Jurisdiction
Washoe County
APN
518-482-03
Exterior & Lot
Lot Features
Sloped Down
View
City, Mountain(s), Park/Greenbelt, Valley
Financial
Annual Tax
$1,558
HOA Fee
$127 / Quarterly
HOA / Community
Vista Homeowners Association 775-786-0500
Schools
Elementary School
Beasley
Middle School
Mendive
High School
Reed
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% ($70,000)
Home price
$350,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207
