$699,999 Active
5728 Indigo Run Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Welcome to one of N. Nevada's most desirable and luxurious gated communities...Arrowcreek! Enjoy city and mountain views from this 1.18 acre custom home lot, one of the few view lots available that has both city and Mt. Rose views. Create your own custom oasis surrounded by other luxury homes. Arrowcreek Golf and Country Club memberships are sold separately. The Arrowcreek community has 24 hour security. You must be accompanied with a realtor to view this property if you don't live in the community. Please check in at the security gate upon arrival. Buyer(s) and buyers agent to conduct all due diligence on this listing. Information provided is deemed accurate. Approved Arrowcreek design committee architectural plans for this lot are available upon request. North and south views (attached plans in pictures) and East/West elevations are attached.

Listed by Daniel Armolea — Ferrari-Lund R.E. Sparks

Listing Details

Status Active
MLS # 250059108
Days on Market 172

Property History

Dec 15, 2025
Listed for sale
$699,999
Property Overview
Lot Size 1.18 acres
Property Type Land
Subdivision Arrowcreek 19
STR Jurisdiction Washoe County
APN 15262212
Exterior & Lot
Lot Features Sloped Up, Corners Marked
View City, Mountain(s), Peek, Ski Resort, Trees/Woods, Valley
Financial
Annual Tax $1,395
HOA Fee $353
HOA / Community Arrowcreek
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
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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
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% ($140,000)
Home price
$699,999
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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