$424,500 Active Under Contract
4993 Cavestone Road
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
·
1,998 Sq Ft

About This Property

Welcome to Falcon Ridge, a gated community located just outside the North McCarran Loop. This nearly new townhome features three bedrooms and 2.5 baths, finished with clean white paint and ready for your personal touch. The kitchen is equipped with granite countertops, dark cabinetry, stainless steel appliances, a breakfast bar, and a walk-in pantry. Adjacent to the kitchen, the spacious family room provides ample space for a sectional sofa and additional furnishings. Upstairs, the primary bedroom includes dual sinks and a large walk-in closet. Down the hall, you will find two additional well-sized bedrooms, a guest bathroom, a laundry area, and a linen/storage closet. Outdoor living includes a large deck located just off the living room, and the 860-square-foot garage offers extensive storage space. The property's central location provides easy access to freeways, shopping, UNR, and is only a short drive to Lake Tahoe. For your convenience, the washer, dryer, and refrigerator are included.

Listed by Santiago Solano — Sierra Nevada Properties-Reno

Listing Details

Status Active Under Contract
MLS # 260003047
Days on Market 51
Price/Sq Ft $212

Property History

Mar 18, 2026
Listed for sale
$424,500
Current
Pending
$424,500
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,998
Lot Size 0.02 acres
Stories 3
Year Built 2022
Property Type Townhouse
Subdivision Falcon Ridge North
APN 035-761-09
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Stucco
Roof Asphalt, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,768
HOA Fee $195 / Monthly
HOA / Community Falcon Ridge North
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Gated, Management
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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% ($84,900)
Home price
$424,500
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373