$890,210 Active
11725 Paradise View Drive
Sparks, NV 89441
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
2.5 Baths
·
3,035 Sq Ft

About This Property

Turnkey investment opportunity in the highly desirable Donovan Ranch community of Spanish Springs. This spacious 5-bedroom, 2.5-bath home offers over 3,000 square feet of well-maintained living space, currently generating $5,000 monthly rental income with a freshly signed 12-month lease in place. Built in 2015, this modern home features an open-concept floor plan, updated flooring, a main living area centered around a fireplace, and a kitchen that flows seamlessly into the dining and living spaces. The covered patio and expansive lot offer additional appeal, while oversized parking, EV charging, and a low-maintenance LMA-managed community make this an easy asset to manage. The location offers convenient proximity to USA Parkway and the Tahoe-Reno Industrial Center, home to major employers including Tesla, Panasonic, Amazon, and Google. The property is also near parks, trails, shopping, dining, Pyramid Lake, and Lake Tahoe. This property combines size, functionality, and location for investors seeking a well-established Northern Nevada community with strong rental demand. Tenant-occupied property. Do not disturb occupants. Contact listing agent for showing instructions or schedule through ShowingTime.

Listed by Patricia Smith — LPT Realty, LLC

Listing Details

Status Active
MLS # 260004246
Days on Market 43
Price/Sq Ft $293

Property History

Apr 10, 2026
Listed for sale
$890,210
Property Overview
Beds 5
Baths 2.5
Sq. Ft. 3,035
Lot Size 0.34 acres
Stories 1
Year Built 2015
Property Type Single Family Residence
Subdivision Donovan Ranch 2
APN 534-513-19
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Desert, Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Hot Water, Natural Gas
Cooling Central Air
Financial
Annual Tax $6,047
HOA Fee $120 / Quarterly
HOA / Community Sugar Loaf Peak
Schools
Elementary School Taylor
Middle School Shaw Middle School
High School Spanish Springs
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% ($178,042)
Home price
$890,210
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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