$985,000 Active
4485 Great Falls Loop
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,609 Sq Ft
Virtual Tour

About This Property

Nestled in the desirable Rolling Hills community near Galena High School, this beautifully updated home offers the perfect combination of space, style, and location. Situated on an expansive lot of over 1/4 acre, this 4-bedroom home with an additional loft features soaring high ceilings, fresh interior paint, brand-new carpet, and recessed lighting in front room and primary bedroom. The open-concept great room is filled with natural light and seamlessly connects to the spacious backyard, complete RV parking pad, a covered patio and endless potential for outdoor living, entertaining, or future customization. Ideally located just minutes from The Summit Reno, with easy access to Mt. Rose Ski Tahoe and a quick drive to Lake Tahoe, this home offers the best of Northern Nevada living with shopping, dining, recreation, and adventure all nearby. Mortgage savings may be available for buyer's of this listing, see associated docs.

Listed by Jaime Moore — Redfin

Listing Details

Status Active
MLS # 260005710
Days on Market 4
Price/Sq Ft $378

Property History

May 07, 2026
Listed for sale
$985,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,609
Lot Size 0.28 acres
Stories 2
Year Built 2000
Property Type Single Family Residence
Subdivision Galena Terrace 9
APN 144-212-02
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front, Sprinklers In Rear
View Valley
Construction Fiber Cement
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,950
HOA Fee $210 / Annually
HOA / Community Galena Terrace
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities None
📊

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% ($197,000)
Home price
$985,000
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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