$389,000 Active
5001 Cavestone Road
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,440 Sq Ft

About This Property

Falcon Ridge North Townhome, private end-unit with a standard two-car garage. This 3-year-old, impeccably maintained residence has been beautifully upgraded and is ready for its new owner. The versatile 2-bedroom, 2.5-bath floor plan includes two primary suites; one on the main level and one on the second floor; plus a convenient half bath. Enjoy the bright, open living space with a seamless living-dining-kitchen flow. The kitchen features stainless steel appliances, granite countertops, and a breakfast bar. Extras include laundry room, tankless water heater, smart thermostat, & double-pane windows with coverings.. Convenient to shopping, dining, and outdoor recreation with quick access to McCarran Loop and I-80, and just minutes to the university.

Listed by Sarah Hughes — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260005744
Price/Sq Ft $270

Property History

May 08, 2026
Listed for sale
$389,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,440
Lot Size 0.02 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Falcon Ridge North
APN 035-761-07
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Desert, Mountain(s)
Construction Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,029
HOA Fee $195 / Monthly
HOA / Community Falcon Ridge
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Gated, Landscaping
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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% ($77,800)
Home price
$389,000
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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