$795,000 Active
220 Lemming Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
2,102 Sq Ft

About This Property

You won't want to miss this rare find in Mogul Meadows! This thoughtfully designed single-level home has an impressive great room with high ceilings, big windows, a cozy gas fireplace, gorgeous hardwood floors that add warmth and character, and a large custom kitchen — perfect for relaxing and entertaining. The kitchen has quality upgrades that include newer stainless steel appliances and two sinks, a Zephyr Hood, beautiful leathered natural stone countertops and breakfast bar. Includes a walk-in pantry, rock gas fireplace, recessed lighting, crown molding, and many other custom touches. There is an office room with built in storage off the great room, nice-sized bedrooms, lots of storage throughout, and shelves in the garage. This .40 acre lot offers privacy and shade from mature pines, apple trees and lilacs. There is a large storage shed in the back yard, covered brick paver patio, concrete work and basketball hoop, just-right sized lawn area and a dog kennel that stays. Bring your RV and toys - behind fence parking is not a problem! Enjoy peaceful surroundings without sacrificing convenient access to transportation, entertainment and endless outdoor recreation. This home has been lovingly maintained. It will not disappoint!

Listed by Carri Ouellette — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260004388
Days on Market 25
Price/Sq Ft $378

Property History

Apr 13, 2026
Listed for sale
$795,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,102
Lot Size 0.40 acres
Stories 1
Year Built 1987
Property Type Single Family Residence
Subdivision Mogul Meadows 2
APN 038-582-21
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Landscaped, Level
View Mountain(s)
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,619
Schools
Elementary School Verdi
Middle School Billinghurst
High School McQueen
📊

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% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373