$490,000
Active Under Contract
623 Abbay Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4
Beds
·
2.0
Baths
·
1,742
Sq Ft
About This Property
Welcome to 623 Abbay Way, a property offering endless potential and opportunity! This home is being sold as-is, providing the perfect canvas for buyers looking to customize and make it their own. Major improvements have already been completed, including a new roof in 2022, updated furnace in 2023, and updated air conditioning system in 2024. Whether you're looking for a renovation project, investment opportunity, or a home you can personalize, this property offers the chance to create something truly special. Buyers are encouraged to perform their own due diligence and inspections. Don't miss this opportunity to bring your vision to life!
Listed by Jessica Villasenor Gutier — Engel & Volkers Reno
Listing Details
Status
Active Under Contract
MLS #
260009108
Price/Sq Ft
$281
Property History
Jul 17, 2026
Listed for sale
$490,000
Jul 17, 2026
Pending
$490,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
1,742
Lot Size
0.15 acres
Stories
2
Year Built
1969
Property Type
Single Family Residence
Subdivision
Vista Del Oro 6
STR Jurisdiction
Washoe County
APN
028-131-15
Parking
Garage Spaces
2
Total Parking
4
Parking Features
Attached, Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Dog Run, Rain Gutters
Lot Features
Level
Construction
Brick
Roof
Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Electric
Cooling
Central Air
Financial
Annual Tax
$1,203
Schools
Elementary School
Juniper
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% ($98,000)
Home price
$490,000
Loan details
30-yr fixed, 6.5%
