$669,990 Active Under Contract
1714 Colavita Way
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,778 Sq Ft
Virtual Tour

About This Property

Charming Home in Double Diamond Ranch. Discover comfort in this cozy three-bedroom (plus office), two-bath home spanning 1,778 square feet of an 'open concept' floor plan complete with a spacious three-car garage. This beautiful residence features a remodeled kitchen - perfect for any chef. You'll find mature landscaping with two patios in the backyard fenced for added privacy and security. Enjoy proximity to paths, hospitals, shopping, schools, and restaurants. Conveniently located just 8.9 miles from Reno Tahoe International Airport.

Listed by Kathy Leggett — Dickson Realty - Damonte Ranch

Listing Details

Status Active Under Contract
MLS # 260004042
Days on Market 30
Price/Sq Ft $377

Property History

Apr 07, 2026
Listed for sale
$669,990
Current
Pending
$669,990
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,778
Lot Size 0.16 acres
Stories 1
Year Built 2003
Property Type Single Family Residence
Subdivision Double Diamond Ranch Village 23
APN 161-223-02
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Peek
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,252
HOA Fee $120 / Quarterly
HOA / Community Ranch Master Associatiob
Schools
Elementary School Double Diamond
Middle School Depoali
High School Damonte
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% ($133,998)
Home price
$669,990
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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