$889,000 Active
2220 Arpagos Lane
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
2,223 Sq Ft

About This Property

Buy smart—this home is priced below value in a market temporarily influenced by recent distressed sales, creating one of the strongest equity opportunities in the neighborhood. With well over $250,000 in upgrades, turnkey condition, and an unbeatable location within the community, 2220 Arpagos Lane delivers luxury, comfort, and effortless 55+ living in one of Reno's most desirable active-adult communities. One of the largest floorplans in Presidio, this beautifully upgraded residence offers 2 bedrooms, a den, 2.5 bathrooms, and 2,223 square feet designed for both everyday comfort and entertaining. Plantation shutters, crown molding, hardwood flooring throughout, upgraded appliances, and countless custom touches elevate the home far beyond typical builder finishes. The gated community is known for its welcoming atmosphere, where neighbors gather often and friendships come naturally—this particular home is already missed as a favorite gathering spot thanks to its charming upgraded front courtyard. The location is exceptional—just steps to the clubhouse via a peaceful walking path, offering easy access to fitness facilities, social events, walking trails, and community activities. Whether you want an active lifestyle or a quiet retreat, this neighborhood allows you to live exactly the way you choose. Plus, Mt. Rose skiing is only 15 miles away, making year-round recreation incredibly convenient. Step outside and enjoy three beautifully landscaped, low-maintenance outdoor living spaces: a private front courtyard perfect for morning coffee, a side patio ideal for intimate gatherings, and a backyard designed for relaxing or entertaining in complete comfort and privacy. Inside, every detail reflects quality craftsmanship and thoughtful design. The kitchen features soft-close cabinetry, full-extension drawers, premium storage solutions, and the sought-after KitchenAid Gourmet Package with built-in refrigerator and wine fridge. Custom built-ins and cabinetry throughout the home add both elegance and function. The luxurious primary suite offers a spa-like retreat with frameless rain-glass shower features, solar tube lighting, and upgraded finishes that create a peaceful sanctuary. Technology and efficiency were not overlooked. This home includes a home theater sound package, upgraded HVAC system, radiant barrier roof, insulated walls, advanced window treatments, upgraded doors, courtyard gates, in-ground lighting, and enhanced garage-to-yard access. The result is a home that feels as comfortable and efficient as it is luxurious. Highly regarded by neighbors as one of the finest homes currently available in Presidio, this residence combines location, upgrades, privacy, and lifestyle in a way that is rarely offered. For buyers seeking move-in-ready luxury with long-term value in a vibrant and friendly 55+ community, 2220 Arpagos Lane is an extraordinary opportunity. Private showings available by appointment.

Listed by Kate Leddy-Tate — Sierra Sotheby's International

Listing Details

Status Active
MLS # 250056016
Days on Market 244
Price/Sq Ft $400

Property History

Feb 18, 2026
Listed for sale
$889,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,223
Lot Size 0.17 acres
Stories 1
Year Built 2016
Property Type Single Family Residence
Subdivision Damonte Ranch Village 5-3
APN 141-324-06
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Multiple Entry Flat or Ramped
Lot Features Corner Lot, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stone, Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $5,701
HOA Fee $216 / Monthly
HOA / Community Presidio Unit Owner Association
Schools
Elementary School Nick Poulakidas
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Management, Pool, Security, Spa/Hot Tub, Tennis Court(s)
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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% ($177,800)
Home price
$889,000
Loan details
30-yr fixed, 6.5%
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