$500,000 Active Under Contract
7829 Cangrejo Court
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,406 Sq Ft

About This Property

Step into this well-loved single-story home that carries a piece of neighborhood history, originally built and showcased as a model home in 1997, it set the standard for the community from day one. With a court location, enjoy the peace and privacy that comes with minimal through-traffic and a close-knit neighborhood feel. The spacious bedrooms provide plenty of room to rest, work, or grow, offering comfort and flexibility for a variety of lifestyles. Step outside and discover one of the home's true highlights: a private backyard framed by mature trees and lush grass, creating a peaceful, shaded retreat ideal for relaxing evenings or weekend gatherings. The wide side yard provides exceptional bonus space, whether you envision a dog run, garden beds, extra storage, or room to simply spread out, the possibilities are wide open. One of the most unique features of this property is the bonus room inside the garage. When the home served as the neighborhood model, one area of the oversized 2-car garage was converted into a sales office. Rather than returning it to garage space, it was thoughtfully retained as a fully conditioned, climate-controlled bonus room complete with heating and A/C, making it usable year-round. The current owner put it to work as a private home gym, but the space is equally suited as a home office, studio, playroom, workshop, or hobby room. It's a rare and versatile feature you won't find in most homes. The remaining 2-car garage still provides ample parking and storage, while the bonus room stands ready to serve whatever your lifestyle demands. Single-story living means easy accessibility throughout, and the home's established landscaping adds a sense of permanence and curb appeal that newer builds simply can't replicate.

Listed by Annette Junell — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 260004320
Days on Market 27
Price/Sq Ft $356

Property History

Apr 10, 2026
Listed for sale
$500,000
Current
Pending
$500,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,406
Lot Size 0.21 acres
Stories 1
Year Built 1997
Property Type Single Family Residence
Subdivision Cimarron Unit 3
APN 524-123-12
Parking
Garage Spaces 2
Total Parking 5
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stucco
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $2,503
HOA Fee $61 / Monthly
HOA / Community Cimarron Master
Schools
Elementary School Van Gorder
Middle School Sky Ranch
High School Spanish Springs
HOA & Community
Community Amenities Landscaping
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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% ($100,000)
Home price
$500,000
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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