$980,000 Active
1160 Yates Lane
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
3,250 Sq Ft

About This Property

Nestled in a peaceful cul-de-sac just off coveted Manzanita Lane, this spacious 4-bedroom, 2.5-bath home offers the perfect balance of modern living and tranquil seclusion—while still being conveniently close to town. Featuring energy-efficient geothermal heating throughout, this home provides exceptional comfort with remarkably low utility costs. The open kitchen is equipped with a sleek downdraft range hood, combining clean design with high functionality to inspire your culinary creations., The spacious living and dining areas create an inviting environment ideal for both everyday family life and entertaining guests. Downstairs bedrooms are enhanced with charming bay windows complete with cozy bench seating that doubles as extra storage, adding character and practicality to the private quarters. The expansive rec room is ideal for a pool table, ping pong, or entertaining. Retreat to the indoor spa featuring an in-ground hot tub—perfect for unwinding after a long day or hosting intimate gatherings in style. A huge unfinished basement offers abundant space for storage or future customization. Outside, the large backyard is a serene oasis with a shaded deck, inviting patio, and a charming gazebo designed for memorable outdoor meals and relaxation. Mature shade trees blanket the property, naturally cooling the home and providing privacy. The dedicated dog run and additional storage shed add to the home’s family-friendly appeal. Completing this exceptional package is a spacious 2-car garage and well-maintained landscaping that surrounds this peaceful retreat—offering a rare combination of calm, comfort, and convenience in one of Reno’s most desirable neighborhoods.

Listed by Christopher Moton — Marmot Properties, LLC

Listing Details

Status Active
MLS # 250006403
Days on Market 358
Price/Sq Ft $302

Property History

May 15, 2025
Listed for sale
$980,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,250
Lot Size 0.39 acres
Stories 2
Year Built 1986
Property Type Single Family Residence
APN 023-500-34
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Cul-De-Sac, Landscaped, Level, Open Lot
Construction Stone, Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Geothermal
Financial
Annual Tax $7,528
Schools
Elementary School Huffaker
Middle School Pine
High School Reno
HOA & Community
Community Amenities None
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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% ($196,000)
Home price
$980,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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