$989,700 Active
315 Old Washoe Circle
Washoe Valley, NV 89704
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
2,475 Sq Ft
Virtual Tour

About This Property

Views! Views! Views! Experience the perfect blend of rustic charm and modern convenience in this beautifully updated single-level residence nestled in the heart of Old Washoe Estates. Boasting stunning views of Slide Mountain and backing directly to open common space, this home offers a tranquil retreat with seamless access to the natural beauty of Washoe Lake. Inside, the heart of the home is a spacious great room defined by a soaring vaulted pine ceiling and a dramatic river rock hearth, perfect for cozying up by the wood-burning stove. The chef-inspired kitchen has been thoughtfully updated with rich butcher block counters, a walk-in pantry, wine fridge, and premium appliances, including a gas stove. With four bedrooms and three-and-a-half fully remodeled bathrooms, there is flexible space for everyone. Additional versatility is found in the dedicated sunroom/office and a separate work room. The exterior is designed for those who value both adventure and relaxation. Enjoy the beautifully landscaped yard from your expansive deck or custom pergola, or escape to the quiet side patio and gazebo. Property features include a 3-car garage, dedicated RV parking with an electric hookup, an EV charging station, and a Tuff storage shed. As a bonus, the gated community offers an exclusive benefit: access to a secure, locked RV/RC storage area. This is a rare opportunity to own a meticulously cared-for home in a truly special community.

Listed by Nancy Risley — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260011720
Days on Market 2
Price/Sq Ft $400

Property History

Sep 11, 2026
Listed for sale
$989,700

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2024 $715,000 Caren ChristenChase International-Damonte Nancy RisleyDickson Realty - Caughlin

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,475
Lot Size 0.44 acres
Stories 1
Year Built 1987
Property Type Single Family Residence
Subdivision Old Washoe Estates
STR Jurisdiction Washoe County
APN 050-310-41
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, RV Hookup
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Ski Resort, Trees/Woods
Construction Stone
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Water Source Little Washoe Lake
Financial
Annual Tax $2,844
HOA Fee $130 / Monthly
HOA / Community Old Washoe Estates
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Gated, Parking, Storage
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($197,940)
Home price
$989,700
Loan details
30-yr fixed, 6.5%
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