$515,000 Active Under Contract
17295 Magnetite Drive
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,320 Sq Ft

About This Property

Welcome to your perfect Cold Spring retreat where comfort, space, and breathtaking scenery come together seamlessly. This beautifully maintained 4-bedroom home truly has all the heavy lifting done for you. With a new roof, and new windows, you can move in with confidence and focus on enjoying your new space from day one. Situated on an oversized lot, the property offers stunning mountain views that create a peaceful, picturesque backdrop year-round. Whether you're sipping your morning coffee or winding down in the evening, the natural beauty surrounding this home never gets old. Designed with both functionality and lifestyle in mind, there's ample RV parking and plenty of room for all your toys, perfect for outdoor enthusiasts. The fully fenced backyard provides a safe and spacious area for kids and pets to play freely, while the patio is ideal for entertaining or simply relaxing as you take in those unforgettable Nevada sunsets. Tucked away on a quiet street just outside the city, this home offers the perfect balance of privacy and convenience. Thoughtfully cared for and move-in ready, it's waiting for its next owners to make it their own.

Listed by Johanna Summersett — BHG Drakulich Realty

Listing Details

Status Active Under Contract
MLS # 260003113
Days on Market 49
Price/Sq Ft $222

Property History

Mar 19, 2026
Listed for sale
$515,000
Current
Pending
$515,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,320
Lot Size 0.38 acres
Stories 2
Year Built 2000
Property Type Single Family Residence
Subdivision Cold Springs Ranch 7
APN 087-543-13
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,840
Schools
Elementary School Michael Inskeep
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% ($103,000)
Home price
$515,000
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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