$290,000 Active
5735 Pegasus Street
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Great opportunity to own land in Sun Valley or keep as a rental investment. Property is being sold for land value only. Existing manufactured home is considered personal property, has not been converted to real property, and is included with no assigned value. The manufactured home is a 1971 model featuring 3 bedrooms, 2 bathrooms, and approximately 1,440 sq. ft. Recent remodels include updated bathrooms, new flooring, interior and exterior paint, repaired windows, serviced furnace with warranty, swamp cooler, and fencing. Enjoy beautiful mountain views from the property.

Listed by Mona Sanatgaran — Solid Source Realty

Listing Details

Status Active
MLS # 260005957
Days on Market 23

Property History

May 13, 2026
Listed for sale
$290,000
Property Overview
Lot Size 0.46 acres
Property Type Land
STR Jurisdiction Washoe County
APN 085-340-07
Exterior & Lot
Lot Features Other
View City, Mountain(s)
Financial
Annual Tax $352
Schools
Elementary School Desert Heights
Middle School Desert Skies
High School Hug
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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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($58,000)
Home price
$290,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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