$600,000 Active
3155 Alpine Creek Road
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,819 Sq Ft

About This Property

Rare renovation opportunity in the desirable Southwest Reno/Alpine Creek area. This two-story home offers strong upside potential with an attached oversized two-car garage, mature low-maintenance landscaping, fenced backyard, large patio, high ceilings, open stairway, upper hallway overlook, separate living and family room areas, fireplace, dining area, kitchen with existing cabinetry, laundry room, and an upstairs primary suite with dual-sink vanity and walk-in closet. During a prior remodel, a contractor cracked a toilet tank, resulting in water intrusion. The issue was discovered the following morning at approximately 8:00 a.m., water to the property was promptly shut off, and a professional remediation contractor was onsite at approximately noon the same day. Remediation was promptly initiated; however, the interior remains incomplete and additional restoration/finish work is required. Property is sold in its current incomplete/remediated condition and may not qualify for standard FHA/VA/conventional financing. Cash, hard-money/private financing, or renovation financing may be required. Buyer to verify property condition and financing eligibility.

Listed by Christopher Stapleton — Benchmark Realty

Listing Details

Status Active
MLS # 260006246
Days on Market 2
Price/Sq Ft $330

Property History

May 18, 2026
Listed for sale
$600,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,819
Lot Size 0.10 acres
Stories 2
Year Built 1995
Property Type Single Family Residence
Subdivision Lakeridge Springs 3
APN 042-330-02
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Pitched, Tile
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $3,590
HOA Fee $299 / Quarterly
HOA / Community Lakeridge Springs Association
Schools
Elementary School Huffaker
Middle School Swope
High School Reno
HOA & Community
Community Amenities Clubhouse, Pool, Spa/Hot Tub
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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% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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