$425,000 Active Under Contract
4321 Leeward Lane
Reno, NV 89502
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,179 Sq Ft

About This Property

Welcome to this beautifully updated townhome in the highly sought-after Donner Springs community. Bright and inviting, this home features white shaker cabinets, granite countertops, and modern finishes throughout. The open-concept living area offers high ceilings, luxury vinyl plank flooring, a cozy gas fireplace, and a convenient half bath—creating a comfortable space for both everyday living and entertaining. Upstairs, enjoy two spacious en-suite bedrooms and a versatile loft perfect for a home office, workout space, or creative space. Step outside to your private patio backing to Rattlesnake Mountain with no rear neighbors, offering added privacy, open views, and a peaceful place to unwind. Move-in ready and filled with natural light—this is one you don't want to miss!

Listed by Dominique Pavich — Pavich & Associates Realty

Listing Details

Status Active Under Contract
MLS # 260004043
Days on Market 30
Price/Sq Ft $360

Property History

Apr 07, 2026
Listed for sale
$425,000
Current
Pending
$425,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,179
Lot Size 0.06 acres
Stories 2
Year Built 1988
Property Type Townhouse
Subdivision The Villages 1
APN 021-633-19
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Roof Pitched
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,702
HOA Fee $226 / Monthly
HOA / Community Millcreek Homeowners Association
Schools
Elementary School Donner Springs
Middle School Pine
High School Damonte
HOA & Community
Community Amenities Parking
📊

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% ($85,000)
Home price
$425,000
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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