$538,000 Active
996 Petes Way
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
·
1,407 Sq Ft
Virtual Tour

About This Property

Welcome home to this beautifully updated single-story home in the heart of Sparks! Offering 3 bedrooms, 2 bathrooms, and a spacious 3-car garage, this move-in ready property combines comfort, style, and convenience in one desirable package. Step inside to discover 1,407 square feet of freshly updated living space featuring brand-new luxury vinyl plank flooring, new carpet in the bedrooms, and fresh interior paint throughout. The kitchen shines with granite countertops, newer appliances, and plenty of cabinet space, making it perfect for everyday living and entertaining alike. Situated on a generous .22-acre lot, the backyard offers endless possibilities for outdoor enjoyment, gardening, or future customization. Conveniently located close to freeway access, shopping, dining, and everyday amenities, this home provides both comfort and accessibility for today's lifestyle. Whether you're a first-time buyer, downsizing, or simply looking for a turnkey home in a great location, this Sparks gem is one you won't want to miss!

Listed by Sara Sharkey — RE/MAX Professionals-Sparks

Listing Details

Status Active
MLS # 260007043
Price/Sq Ft $382

Property History

Jun 03, 2026
Listed for sale
$538,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,407
Lot Size 0.22 acres
Stories 1
Year Built 1996
Property Type Single Family Residence
Subdivision Pagni Ranch 7
STR Jurisdiction Washoe County
APN 030-641-08
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Sloped Up
View City, Mountain(s), Trees/Woods
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,888
Schools
Elementary School Moss
Middle School Mendive
High School Reed
📊

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% ($107,600)
Home price
$538,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662
530.613.5207

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