$735,000 Active
1641 Ashbury Lane
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,704 Sq Ft
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About This Property

A rare opportunity to own this beautifully updated home in the heart of Northwest Reno. Offering 2,704 sq. ft. of thoughtfully designed living space on a .21-acre lot; this 4-bedroom, 3-bathroom home features a spacious loft and an oversized 600 sq. ft. garage with an additional bay perfect for a workshop, gym, or flex space. Designed with versatility in mind, the home includes two primary suites, ideal for multi-generational living, growing families, or accommodating guests. Inside, you'll find laminate flooring and updated baseboards throughout, along with crown molding and plantation shutters that add warmth and character. The kitchen features granite countertops white cabinetry. All three bathrooms have been tastefully updated. The expansive loft with a wet bar creates the perfect setting for entertaining, movie nights, or relaxing at home. A mini-split system in the primary bedroom adds year-round comfort. Enjoy seamless indoor-outdoor living with first and second-story decks accessible from four sliding glass doors. Just minutes from highly rates schools including Westergard, Billinghurst and McQueen. Easy access to shopping, dining, and I-80. Lovingly maintained and move-in ready, this exceptional property is ready to welcome its next owner.

Listed by Brian Gipson — JMG Real Estate

Listing Details

Status Active
MLS # 260006258
Price/Sq Ft $272

Property History

May 18, 2026
Listed for sale
$735,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,704
Lot Size 0.21 acres
Stories 2
Year Built 1987
Property Type Single Family Residence
Subdivision Northgate 1A
APN 200-223-05
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,686
Schools
Elementary School Westergard
Middle School Billinghurst
High School McQueen
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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% ($147,000)
Home price
$735,000
Loan details
30-yr fixed, 6.5%
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