$509,000 Active Under Contract
701 W 7th Avenue
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
·
1,404 Sq Ft

About This Property

Rare opportunity to own 2 acres in a prime Sun Valley location—just minutes from Reno. Welcome to 701 W 7th Ave in Sun Valley, NV—offering a rare combination of space, location, and opportunity. This 3-bedroom, 2-bath home is situated on a generous 2-acre parcel, providing ample room for a variety of uses while maintaining close proximity to everyday conveniences. This home has been meticulously remodeled and updated so its new owners can enjoy and relax in their new home. Ideally located between Sun Valley and Golden Valley, the property offers a balance of privacy and accessibility. Enjoy the benefits of a more open, rural setting while remaining just minutes from shopping centers, grocery stores, parks, and a short drive into Reno for dining, employment, and entertainment. The expansive lot presents endless potential for outdoor living, recreational use, or future improvements, making it an excellent option for buyers seeking flexibility and additional space. A unique opportunity to own a property that combines land, location, and convenience in one offering.

Listed by Alexandra Barrera — LPT Realty, LLC

Listing Details

Status Active Under Contract
MLS # 260003654
Days on Market 38
Price/Sq Ft $363

Property History

Mar 31, 2026
Listed for sale
$509,000
Current
Pending
$509,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,404
Lot Size 2.00 acres
Stories 1
Year Built 2007
Property Type Manufactured Home
APN 088-210-24
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Electric
Financial
Annual Tax $1,064
Schools
Elementary School Bennet
Middle School Desert Skies
High School Hug
📊

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% ($101,800)
Home price
$509,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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