$899,000 Active
585 W Highway 40 Street
Verdi, NV 89439
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.0 Baths
·
2,165 Sq Ft

About This Property

Welcome to your private mountain-style retreat in the highly desirable Verdi Lake Estates. This stunning single-level home sits beautifully on a third of an acre, surrounded by majestic mature pines that deliver a distinct Truckee/Tahoe vibe without the California tax burden. Perfectly blending tranquility with accessibility, the property is located just a quick two-minute drive from Interstate 80 east and west, making your daily commute or mountain adventures effortless.Step inside to discover a thoughtfully designed layout that emphasizes comfort and modern luxury. The heart of the home features a beautifully upgraded kitchen and a fully renovated Primary bath, offering a spa-like escape at the end of the day. Storage and parking are unparalleled, featuring an attached three-car garage, an expansive driveway with room for at least three additional vehicles, and dedicated RV access with parking.The outdoor living spaces are a true extension of the home, tailored perfectly for entertaining and relaxation. Off the family room, an oversized covered deck serves as the ultimate backdrop for large family gatherings and weekend barbecues. Tucked further into the backyard, a secondary patio nestled under a charming gazebo offers a quiet, shaded sanctuary to unwind and enjoy your peaceful surroundings. Seller is including the washer/dryer and refrigerator at no value or warranty.

Listed by Livingstone de Lancey III — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260008953
Price/Sq Ft $415

Property History

Jul 14, 2026
Listed for sale
$899,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 2,165
Lot Size 0.32 acres
Stories 1
Year Built 1988
Property Type Single Family Residence
Subdivision Verdi Lake Estates
STR Jurisdiction Washoe County
APN 038-054-39
Parking
Garage Spaces 3
Total Parking 6
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Oil
Financial
Annual Tax $3,901
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($179,800)
Home price
$899,000
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