$475,000
Active
538 Palace Parkway
Spring Creek, NV 89815
STR Status Unknown
2
Beds
·
2.0
Baths
·
1,156
Sq Ft
About This Property
Rustic charm meets functionality on this beautiful 2-acre property with stunning valley views! This 1,156 sq ft log home offers a warm and inviting atmosphere featuring 2 bedrooms, 2 full bathrooms, and cozy country living surrounded by mature trees and lush lawn areas. The property is perfectly set up for hobbyists, mechanics, or anyone needing extra workspace with an impressive 2,400 sq ft shop complete with a crane, car lift, and a dedicated area previously used as a paint booth. A 720 sq ft detached garage provides additional storage and parking space. Enjoy peaceful rural living with room to work, relax, and take in the scenic surroundings. Private Remarks:
Listed by Kristina Garcia-Drake — Kaza Realty
Listing Details
Status
Active
MLS #
260006995
Price/Sq Ft
$411
Property History
Jun 02, 2026
Listed for sale
$475,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,156
Lot Size
2.00 acres
Stories
2
Year Built
1995
Property Type
Single Family Residence
Subdivision
Spring Creek Tract 401
APN
043-004-007
Parking
Garage Spaces
2
Total Parking
5
Parking Features
Attached, Garage, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
None
Lot Features
Landscaped, Level, Sprinklers In Front
View
Mountain(s), Valley
Roof
Metal
Foundation
Crawl Space
Utilities & Systems
Heating
Pellet Stove
Cooling
Wall/Window Unit(s)
Financial
Annual Tax
$2,027
HOA Fee
$86 / Monthly
HOA / Community
SPRING CREEK ASSOCIATION
Schools
Elementary School
Out of Area
Middle School
Out Of Area
High School
Out Of Area
HOA & Community
Community Amenities
Barbecue, Golf Course
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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
Send a Message
Or call directly: 530.613.5207