$379,000 $389,000 ↓ $10,000 reduced Active
5001 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.
2 Beds
·
2.5 Baths
·
1,440 Sq Ft

About This Property

Rare find in this gated community, an end unit with a full 2-car garage! This nearly new 3-year-old townhome has been meticulously maintained and thoughtfully upgraded throughout. The flexible floor plan offers two primary suites, one on each level! Plus a convenient half bath, making it ideal for a variety of living arrangements. The open living-dining-kitchen layout is bright and inviting, anchored by a kitchen with granite countertops, stainless steel appliances, and a breakfast bar. Smart home features include a tankless water heater, smart thermostat, and double-pane windows with coverings. A dedicated laundry room adds everyday ease. All of this just minutes from shopping, dining, UNR, McCarran Loop, and I-80.

Listed by Sarah Hughes — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260005744
Days on Market 50
Price/Sq Ft $263

Property History

May 08, 2026
Listed for sale
$379,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,440
Lot Size 0.02 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Falcon Ridge North
STR Jurisdiction Washoe County
APN 035-761-07
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Desert, Mountain(s)
Construction Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,029
HOA Fee $195 / Monthly
HOA / Community Falcon Ridge
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Gated, Landscaping
📊

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% ($75,800)
Home price
$379,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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