$570,000
Active
5116 Northern Lights Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3
Beds
·
3.0
Baths
·
2,554
Sq Ft
About This Property
Enjoy sweeping mountain views from this a spacious family home featuring a daylight basement and a bright, open floor plan designed for comfortable living. The generous family room creates the perfect gathering space, while three bedrooms and three full baths provide room for everyone. A three-car garage with EV charger readiness adds convenience, and the low-maintenance yard makes upkeep simple. With no HOA fees, and conveniently located near schools, shopping, and major commuter routes, this home combines functionality, flexibility, and scenic charm.
Listed by Minsung Jung — Solid Source Realty
Listing Details
Status
Active
MLS #
260006498
Price/Sq Ft
$223
Property History
May 22, 2026
Listed for sale
$570,000
Property Overview
Beds
3
Baths
3.0
Sq. Ft.
2,554
Lot Size
0.21 acres
Stories
2
Year Built
2005
Property Type
Single Family Residence
Subdivision
Northern Lights 6
APN
502-353-07
Parking
Garage Spaces
3
Total Parking
3
Parking Features
Attached, Electric Vehicle Charging Station(s), Garage, Garage Door Opener
Attached Garage
Yes
Exterior & Lot
Exterior Features
Balcony, Rain Gutters
Lot Features
Sloped Down, Sprinklers In Front
View
Desert, Mountain(s), Valley
Roof
Composition, Pitched
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air
Cooling
Central Air
Financial
Annual Tax
$2,753
Schools
Elementary School
Bennet
Middle School
Desert Skies
High School
Hug
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% ($114,000)
Home price
$570,000
Loan details
30-yr fixed, 6.5%
