$469,900 Active Under Contract
242 Caleb Court
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
1,944 Sq Ft

About This Property

This brand-new 4-bedroom, 2-bath home offers 1,944 square feet of well-designed, functional living space. The layout is open and practical, with a spacious kitchen and large island that connects naturally to the main living area—creating a comfortable flow that works well for both everyday living and entertaining. With four full bedrooms, the home provides flexibility for a variety of needs, whether that's a larger household, extended family living, or dedicated spaces for work or play. It was built with energy efficiency in mind, featuring Energy Star certification, low-E dual-pane windows, extra-insulated exterior walls, and a high-performance heat pump to help maintain year-round comfort while reducing utility costs. Outside, the property is fully finished with a concrete patio, fenced yard, and a usable parking area, offering a low-maintenance setup that's ready from day one. This home comes with 1-year limited factory warranty and a 1-year appliance warranty for added peace of mind. Located in the new Caleb Court community in Sun Valley, just five miles from downtown Reno, this home combines modern construction with a straightforward, livable design.

Listed by Melinda Carlson — Call It Closed International Realty

Listing Details

Status Active Under Contract
MLS # 260004687
Days on Market 26
Price/Sq Ft $242

Property History

Apr 17, 2026
Listed for sale
$469,900
Current
Pending
$469,900
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,944
Lot Size 0.28 acres
Stories 1
Year Built 2026
Property Type Manufactured Home
APN 506-111-02
Parking
Total Parking 2
Parking Features Parking Pad
Exterior & Lot
Exterior Features None
Lot Features Level
View Peek
Construction Fiber Cement
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space, Full Perimeter
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Heat Pump
Cooling Central Air, ENERGY STAR Qualified Equipment, Heat Pump
Financial
Annual Tax $817
HOA Fee $30 / Monthly
HOA / Community Pearl Drainage District - NO HOA
Schools
Elementary School Palmer
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities None
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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% ($93,980)
Home price
$469,900
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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