$529,900 Active Under Contract
5941 Sapphire Ridge Court
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,248 Sq Ft
Virtual Tour

About This Property

Welcome to this meticulously maintained, move-in-ready gem tucked away in a lovely Northwest Reno cul-de-sac. Close to McQueen High School and the public library, this home offers the perfect balance of peace and convenience. The thoughtful floor plan provides ideal separation between the primary suite and secondary bedrooms, with ceiling fans throughout many areas. Relatively new interior (5yrs) and exterior (3yrs) paint in a neutral palette that complements any décor. You will also be the first to use the newer dishwasher! Exterior is beautifully landscaped, featuring a low-maintenance design. Perfect for relaxation morning tea, afternoon break or evening BBQ. Sprinklers and sprinkler system in front & back yards are all still there if someone prefers lawn instead of current design, includes French drain that flows to the front. Don't miss this charming neighborhood and well cared for home, inside and out. (See Private Remarks)

Listed by Carl Jorgensen — Ferrari-Lund Real Estate Reno

Listing Details

Status Active Under Contract
MLS # 260003087
Days on Market 49
Price/Sq Ft $425

Property History

Mar 19, 2026
Listed for sale
$529,900
Current
Pending
$529,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,248
Lot Size 0.16 acres
Stories 1
Year Built 2002
Property Type Single Family Residence
Subdivision Sapphire Ridge Phase 1
APN 204-582-12
Parking
Total Parking 2
Parking Features Attached
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Desert
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $2,351
HOA Fee $33
HOA / Community First Service Residential, Sapphire Ridge Ct.
Schools
Elementary School Melton
Middle School Billinghurst
High School McQueen
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% ($105,980)
Home price
$529,900
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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