$999,900 Active
445 Sparrow Way
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
·
2,853 Sq Ft

About This Property

Views, views, views! Welcome to 445 Sparrow Way, a rare opportunity to own a beautiful 5-acre property in the heart of Washoe Valley, where breathtaking mountain views, peaceful surroundings, and endless possibilities come together. This inviting single-story home offers the perfect balance of country living and everyday convenience, with easy access to both Reno and Carson City. Surrounded by the natural beauty Washoe Valley is known for, the property provides ample space for horses, recreational vehicles, outdoor hobbies, or simply enjoying the privacy and serenity of wide-open living. Inside, you'll find a comfortable and functional layout designed for everyday living and entertaining, while the expansive acreage offers incredible potential to create your dream outdoor oasis. Whether you're looking for room to grow, space to play, or a quiet retreat with stunning Nevada scenery, this property delivers. The property is thoughtfully equipped with a heated garage featuring 220V power, making it ideal for projects, hobbies, or additional workspace. Full RV hookups provide added convenience for guests or recreational use, while two separate septic systems, one serving the main residence and one serving the guest house. Significant updates provide peace of mind, including a roof replacement in 2016, exterior paint refreshed approximately six years ago, and a new water heater installed in 2023. The property's four corners have been professionally marked, making it easy to identify and appreciate the full extent of this exceptional 5-acre parcel. Enjoy spectacular sunrises, unforgettable sunsets, and the lifestyle that makes Washoe Valley one of Northern Nevada's most desirable locations. Don't miss this exceptional opportunity to make 445 Sparrow Way your next home.

Listed by Breanna Ball — RE/MAX Gold

Listing Details

Status Active
MLS # 260007507
Price/Sq Ft $350

Property History

Jun 12, 2026
Listed for sale
$999,900
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,853
Lot Size 5.00 acres
Stories 1
Year Built 1991
Property Type Single Family Residence
STR Jurisdiction Washoe County
APN 050-371-24
Parking
Garage Spaces 6
Total Parking 10
Parking Features Additional Parking, Attached, Carport, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features RV Hookup, None
Lot Features Adjoins BLM/BIA Land, Sloped Down, Sloped Up
View Desert, Mountain(s)
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $4,203
Schools
Elementary School Pleasant Valley
Middle School Depoali
High School Galena
📊

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% ($199,980)
Home price
$999,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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