$319,000 Active
5107 Leon Drive
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
·
2.0 Baths
·
1,209 Sq Ft

About This Property

Great bones and full of potential, this 3-bedroom, 2-bath manufactured home is ready for its next chapter. Step inside and you'll find a spacious layout featuring a comfortable primary suite with a LARGE WALK-IN CLOSET, plus DOUBLE-PANE VINYL WINDOWS that bring in natural light and added efficiency. The WATER HEATER IS A 2021 MODEL (INSTALL DATE UNKNOWN), offering added peace of mind on a major component. Outside, enjoy a NICE-SIZED LOT SET OFF THE MAIN ROAD, creating a more PRIVATE, TUCKED-AWAY FEEL, complete with MATURE TREES ready for a little TLC, a STORAGE SHED for your tools and gear, and an EXISTING ACCESS RAMP for convenience. This is a great opportunity for a buyer ready to add value with some elbow grease—perfect as a starter home, investment, or project property. Recent improvements include a repaired leaking pipe behind the shower and a recently patched roof, with prior ceiling stains already addressed. PROBATE SALE WITH FULL AUTHORITY—executor can act quickly, helping streamline the process. SRPD will not be provided pursuant to NRS 113.130(2)(e) as this is a trustee/probate sale. Must see to appreciate the potential!

Listed by Chris DeMay — Blue Sierra Realty

Listing Details

Status Active
MLS # 260003040
Days on Market 54
Price/Sq Ft $264

Property History

Mar 18, 2026
Listed for sale
$319,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,209
Lot Size 0.44 acres
Stories 1
Year Built 1999
Property Type Manufactured Home
Subdivision Sun Valley
APN 085-022-43
Parking
Total Parking 6
Parking Features Additional Parking, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Sloped Down
View Mountain(s)
Construction Unknown
Roof Composition, Shingle
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $540
Schools
Elementary School Sun Valley
Middle School Traner
High School Hug
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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% ($63,800)
Home price
$319,000
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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