$405,000 Active Under Contract
289 Aristocrat Way
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,800 Sq Ft

About This Property

Well- maintained 3-bedroom, 2-bath manufactured home nestled in the desirable Lemmon Valley area of Reno. This spacious single-story home sits on a generous 9,932 sq ft cul-de-sac lot and features a bright, open layout with separate living, dining, and family rooms. The home is equipped with gas forced-air heating, dual-pane windows, and a covered rear deck, perfect for entertaining. The oversized detached 2-car garage and additional storage shed provide ample space for vehicles, tools, and toys. Gravel driveway with room for 4 vehicles. Conveniently located within 3 miles of schools, shopping, dining, employment centers, and freeway access. All utilities public. Move-in ready- don't miss this one!

Listed by Henry Huang — Sierra Nevada Properties-Reno

Listing Details

Status Active Under Contract
MLS # 260004185
Days on Market 115
Price/Sq Ft $225

Property History

Apr 09, 2026
Listed for sale
$405,000
Current
Pending
$405,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,800
Lot Size 0.23 acres
Stories 1
Year Built 2002
Property Type Manufactured Home
Subdivision Valley Village 3 & 4
APN 080-522-86
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Detached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s)
Construction Frame, Masonite
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Evaporative Cooling
Financial
Annual Tax $802
Schools
Elementary School Lemmon Valley
Middle School OBrien
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% ($81,000)
Home price
$405,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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