$1,399,900 Active
5885 Pala Mesa 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
·
3.5 Baths
·
3,722 Sq Ft

About This Property

Set above the 15th hole of Red Hawk Golf Club's Hills Course, this exceptional (original owner) custom residence captures sweeping views of Spanish Springs, championship golf, and unforgettable Northern Nevada sunsets. Nestled within one of Wingfield Springs' most exclusive hillside enclaves, opportunities like this are few and far between. With 3,722 square feet, 4 bedrooms and 3.5 baths, the home was designed for effortless entertaining, featuring a dedicated theater room, temperature-controlled wine room, and an expansive outdoor living space complete with a built-in kitchen overlooking the fairway. Originally envisioned as Sparks' premier master-planned golf community, Wingfield Springs offers a lifestyle centered around golf, open space, and luxury custom homes, all while providing exceptional value compared to many of Northern Nevada's other luxury communities. This is more than a home; it's an opportunity to experience one of Sparks' best-kept luxury secrets. Please see additional documents for list of upgrades and recent maintenance on property including newer water heaters and whole house water filtration!

Listed by Jena Lanini — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260009721
Price/Sq Ft $376

Property History

Jul 29, 2026
Listed for sale
$1,399,900
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,722
Lot Size 0.39 acres
Stories 1
Year Built 2005
Property Type Single Family Residence
Subdivision Wingfield Springs 27 Phase 1
STR Jurisdiction Washoe County
APN 520-381-03
Parking
Garage Spaces 4
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Dog Run, Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Common Area, Greenbelt, Level, On Golf Course, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Desert, Golf Course, Mountain(s), Valley
Construction Stone Veneer, Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $8,304
HOA Fee $75 / Monthly
HOA / Community Wingfield Springs
Schools
Elementary School Van Gorder
Middle School Sky Ranch
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
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% ($279,980)
Home price
$1,399,900
Loan details
30-yr fixed, 6.5%
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