$539,795 Active
1955 Echo Valley Parkway
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,297 Sq Ft

About This Property

Exquisite Living in Cyan at Damonte Ranch! Welcome to one of South Reno's most desirable neighborhoods. This lovely home, nestled in the highly sought-after Cyan neighborhood of master-planned Damonte Ranch, offers a perfect blend of generous space, modern comfort, and unparalleled community access. Built in 2008, the residence features a larger floor plan, boasting 2,297 square feet of well-designed living area, making it ideal for those who need room to grow and entertain. The home provides an additional large bonus room, four spacious bedrooms and two and a half bathrooms, along with a functional 2-car garage for secure parking and storage. The location is truly exceptional, placing you right in the heart of the action while maintaining a peaceful, suburban feel. Residents are just moments from the Cyan Community Park, offering immediate access to playgrounds, sports fields, and the extensive network of walking and biking trails that wind through the scenic Damonte Ranch wetlands. Furthermore, the property is incredibly close to major retail and dining hubs, including the Damonte Ranch Town Center, where you'll find lots of shopping and new restaurants for effortless convenience. Enjoy stunning, panoramic views of the majestic Sierra Nevada mountains from your neighborhood, and appreciate the quick access to I-580 for easy commutes to Lake Tahoe, the airport, or Downtown Reno. This home provides the ideal foundation for the ultimate Reno lifestyle. Don't miss the opportunity to live in this spacious and perfectly located Cyan gem.

Listed by Jason Kirby — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 250056436
Days on Market 224
Price/Sq Ft $235

Property History

Sep 27, 2025
Listed for sale
$539,795
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,297
Lot Size 0.06 acres
Stories 2
Year Built 2008
Property Type Townhouse
Subdivision Bella Vista Ranch Village B Unit 1
APN 165-083-16
Parking
Garage Spaces 2
Total Parking 2
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $3,387
HOA Fee $115 / Monthly
HOA / Community Cyan Master Management
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
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% ($107,959)
Home price
$539,795
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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