$635,000 Active
240 Puma Drive
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,422 Sq Ft

About This Property

Situated on .98 acres in Washoe Valley, this updated property offers space, functionality, and a convenient location between Reno and Carson City. Recent improvements include interior paint, an updated kitchen with new appliances and custom concrete countertops, a remodeled primary bathroom, wood flooring throughout the main living areas, and a newer roof. The floor plan features a step-down living room with a gas fireplace and comfortable gathering space. Outside, the fully usable lot provides room for horses, RVs, trailers, equipment, gardening, and more. Property features include a large, covered patio, abundant landscaping, garden beds, outbuildings, a play set, treehouse, and a driveway that extends all the way to the backyard for easy access and storage. Enjoy views of Mt. Rose and the privacy of a corner lot. Located within walking distance of the local bakery, businesses, and community park, and just 10 minutes from The Summit shopping center and 25 minutes from Reno-Tahoe International Airport, this property offers the flexibility of country living without giving up access to everyday conveniences.

Listed by Shirley Larkins — Nevada Real Estate Connections

Listing Details

Status Active
MLS # 260007982
Price/Sq Ft $447

Property History

Jun 22, 2026
Listed for sale
$635,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,422
Lot Size 0.96 acres
Stories 1
Year Built 1984
Property Type Single Family Residence
Subdivision New Washoe City 4
STR Jurisdiction Washoe County
APN 050-407-10
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Multiple Entry Flat or Ramped
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $2,540
Schools
Elementary School Pleasant Valley
Middle School Depoali
High School Damonte
📊

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% ($127,000)
Home price
$635,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

Send a Message

Or call directly: 530.613.5207