$500,000 Active
3940 Vireo Court
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
2.0 Baths
·
1,995 Sq Ft

About This Property

Spacious and versatile, this 5-bedroom home in Cold Springs offers room for everyone and everything! Featuring a large addition with an oversized living room, there's plenty of space for gatherings, relaxation, and everyday living. Step outside to a fully fenced backyard with ample room for your toys, RVs, and more. This property is perfect for kids and animals, offering both space and freedom. A large backyard shed provides the ideal setup for a hobby area or extra storage, while the covered side space keeps your yard tools organized and protected. Inside, you'll find numerous upgrades, including a newer furnace, on-demand hot water heater, partially upgraded windows, and updated bathrooms giving you comfort and efficiency throughout the home. Nestled on a quiet cul-de-sac with minimal traffic, you'll enjoy peace and privacy along with stunning mountain views from your backyard patio. This home truly has it all, space, upgrades, and a fantastic location!

Listed by Johanna Summersett — BHG Drakulich Realty

Listing Details

Status Active
MLS # 260003034
Days on Market 55
Price/Sq Ft $251

Property History

Mar 18, 2026
Listed for sale
$500,000
Property Overview
Beds 5
Baths 2.0
Sq. Ft. 1,995
Lot Size 0.35 acres
Stories 1
Year Built 1988
Property Type Single Family Residence
Subdivision Cold Springs Valley Homes 2
APN 087-213-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Cul-De-Sac, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Propane
Cooling Central Air
Financial
Annual Tax $1,567
Schools
Elementary School Gomes
Middle School Cold Springs
High School North Valleys
📊

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% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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