$858,000 Active
1094 Waverly Drive
Reno, NV 89519
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,223 Sq Ft

About This Property

Nestled in the charming Cottages at Caughlin Ranch, this inviting home offers an exceptional opportunity to enjoy one of Reno's most beloved master-planned communities. Quaint cottage-style architecture, with stucco exteriors, concrete tile roofs, and welcoming front porches, creates a timeless neighborhood setting. Step outside your door to more than 24 miles of paved walking and biking trails winding throughout Caughlin Ranch, with two scenic ponds just across the street. Lovingly maintained over the years, the home is ready for its next chapter and offers the perfect canvas for a new owner to update and personalize while enjoying an unmatched Southwest Reno lifestyle.

Listed by Rebecca Dickson — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260006813
Price/Sq Ft $386

Property History

May 29, 2026
Listed for sale
$858,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,223
Lot Size 0.14 acres
Stories 2
Year Built 1998
Property Type Single Family Residence
Subdivision Caughlin Cottages 3
STR Jurisdiction Washoe County
APN 214-173-08
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stucco
Roof Pitched, Tile
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,458
HOA Fee $300 / Quarterly
HOA / Community Caughlin Ranch
Schools
Elementary School Gomm
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, 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
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% ($171,600)
Home price
$858,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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