$749,900 Active
3015 Fairlands Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
2.5 Baths
·
2,227 Sq Ft

About This Property

BACK ON MARKET AT NEW PRICE - NO FAULT OF SELLER. This is the one-of-a-kind property you've been waiting for in the highly sought-after Northwest Reno market. As you arrive, you're welcomed by a fully landscaped front yard and a charming front porch—perfect for your morning coffee. Step inside, and you'll immediately notice the skylights, impressive ceiling height, and a beautifully lit staircase—you'll find yourself saying "wow" at every turn. Not only is the architecture impressive, but over 200,000 dollars in upgrades truly sets this home apart. From the luxury vent hood and new flooring to fresh interior paint, every detail has been thoughtfully updated. The modern design shines throughout, with sleek tile finishes and a spa-like primary bathroom that feels like a private retreat. Per assessor records, this home is listed as a 5-bedroom. The fourth bedroom has been thoughtfully combined with the primary bedroom to create an expanded, more luxurious suite—offering a spacious retreat with added comfort and functionality. This home also offers exceptional functionality, including a versatile room on the main floor that can serve as a home office or guest bedroom—ideal for today's lifestyle. Additional features include front and back security systems, smart light switches in each room, and Apple HomeKit integration—allowing you to control lighting throughout the home and automatically turn off all lights when you leave. The backyard—nearly a third of an acre—is beautifully landscaped and ready for you and your family to relax, entertain, and enjoy.

Listed by Yao Yao Zhuang — Sierra Nevada Properties-Frnly

Listing Details

Status Active
MLS # 260003860
Days on Market 39
Price/Sq Ft $337

Property History

Apr 03, 2026
Listed for sale
$749,900
Property Overview
Beds 5
Baths 2.5
Sq. Ft. 2,227
Lot Size 0.24 acres
Stories 2
Year Built 1997
Property Type Single Family Residence
APN 204-153-12
Parking
Garage Spaces 2
Total Parking 2
Parking Features Alley Access, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,479
Schools
Elementary School Melton
Middle School Billinghurst
High School McQueen
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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% ($149,980)
Home price
$749,900
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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