$3,200 Active
4928 Black Falcon Way
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,741 Sq Ft

About This Property

FULLY FURNISHED + ALL UTILITIES INCLUDED! FLEXIBLE LEASE OPTIONS! Located in the GATED Falcon Ridge community, this rare END UNIT offers extra privacy, 3 BR, 2.5 BA, a 2-CAR GARAGE, and a bright, spacious OPEN FLOOR PLAN. The large primary suite features a DEEP SOAKING TUB, while the paved and landscaped backyard is ready to enjoy with a BBQ GRILL and AMAZING UNOBSTRUCTED VIEWS. WASHER & DRYER IN UNIT, CENTRAL HEAT & A/C, and everything you need for easy, comfortable living. Great Reno location with easy access to trails, hospitals, UNR, and a quick drive anywhere in the valley. PACK YOUR SUITCASE AND MOVE RIGHT IN! Must see to appreciate. Contact us today for availability and flexible lease options! Pets considered upon approval. Utilities are included, with a monthly cap of 250 for power and gas and 50 for water. Flexible lease terms available. The security deposit is equal to one month's rent. Approved pets require a 1,000 refundable deposit and 50 per month, per animal. A 400 non-refundable cleaning fee applies. A 250 non-refundable administration fee is due at lease signing, along with a 50 non-refundable application fee per applicant.

Listed by Penny Johnson — Blue Sierra Realty

Listing Details

Status Active
MLS # 260010364
Price/Sq Ft $2

Property History

Aug 12, 2026
Listed for sale
$3,200
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,741
Lot Size 0.04 acres
Stories 2
Property Type Townhouse
Subdivision Falcon Ridge
STR Jurisdiction Washoe County
APN 035-751-06
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage Door Opener, Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Pool & Spa
Pool No
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Security, Maintenance Grounds, Landscaping, Gated
📊

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% ($640)
Home price
$3,200
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.