$500,000 Active
245 Nicole Drive
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,554 Sq Ft

About This Property

SINGLE STORY ON .36 ACRES W/RV PARKING, SHED, HUGE GARAGE & SELLER CREDIT FOR FLOORING & PAINT FOR INSTANT EQUITY! Like the original owners who only recently vacated the home, this versatile property is ready for its next chapter of amazing memories. Don't love the green carpet? No problem, a 10K credit is available for buyers to upgrade the flooring and paint. Bids are available upon request that include labor, new baseboards, patching of some minor drywall settling and fresh paint throughout the interior. Interior upgrades include a new Ecobee smart thermostat (2024), furnace and AC replacement (2015), extra sound insulation between living areas and bedroom walls and a 14' x 9' sun room with included hot tub off the primary suite. The home was also customized with an extended garage, bonus workshop, and separate laundry/utility/storage room. Set on a .356 acre multipurpose lot, the property offers mature lawns, fenced garden areas, and established fruit trees including dwarf peach, cherry, golden delicious apple, and red delicious apple varieties. Outdoor features include a 32' x 9.5' concrete patio, a custom 16' x 11' storage shed with electricity, and over 80 feet of 12' wide RV parking. The gravel RV pad includes a concrete jack stand foundation and electrical hookups.

Listed by Dan Smith — Dickson Realty - Sparks

Listing Details

Status Active
MLS # 260006844
Price/Sq Ft $322

Property History

May 29, 2026
Listed for sale
$500,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,554
Lot Size 0.36 acres
Stories 1
Year Built 1994
Property Type Single Family Residence
Subdivision Spanish Springs Village 1
STR Jurisdiction Washoe County
APN 089-422-03
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features RV Hookup
Lot Features Landscaped, Level, Sprinklers In Front
View Mountain(s)
Roof Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Wall/Window Unit(s)
Financial
Annual Tax $2,289
HOA Fee $100 / Annually
HOA / Community Spanish Springs Village
Schools
Elementary School Hall
Middle School Shaw Middle School
High School Spanish Springs
HOA & Community
Community Amenities None
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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% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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