$300,000 Active Under Contract
860 Cherry Tree Drive #2
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,276 Sq Ft

About This Property

Welcome to 860 Cherry Tree Dr, Apt 2, Sparks, NV 89434 - a beautifully designed townhouse offering 3 bedrooms and 2 bathrooms in a highly convenient Sparks location! Step inside to discover a bright and inviting floor plan with spacious living areas perfect for both everyday living and entertaining. The main level features an open-concept living and dining space filled with natural light, creating a warm and welcoming atmosphere. The kitchen offers ample cabinetry, generous counter space, and a functional layout that makes meal preparation a breeze. Upstairs, you'll find well-sized bedrooms that provide comfort and privacy, including a primary bedroom with excellent closet space. The two full bathrooms are thoughtfully designed to accommodate family and guests alike. Enjoy the benefits of townhouse living with low-maintenance exterior care, while still having the feel of a private home. Conveniently located near shopping, dining, parks, schools, and easy freeway access, this home offers quick access to both Sparks and Reno amenities. Whether you're a first-time buyer, growing household, or investor, this move-in ready townhouse is an exceptional opportunity. Don't miss your chance to own a spacious and affordable home in a desirable Sparks community!

Listed by Isidro Luna — Reno Tahoe Home Group

Listing Details

Status Active Under Contract
MLS # 260001957
Days on Market 75
Price/Sq Ft $235

Property History

Feb 21, 2026
Listed for sale
$300,000
Current
Pending
$300,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,276
Stories 2
Year Built 1973
Property Type Townhouse
Subdivision Woodside 2A
APN 036-231-39
Parking
Total Parking 1
Parking Features Carport, None
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $987
HOA Fee $298 / Monthly
HOA / Community Woodside Home
Schools
Elementary School Dunn
Middle School Dilworth
High School Reed
HOA & Community
Community Amenities Landscaping, Parking
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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% ($60,000)
Home price
$300,000
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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