$662,000 Active
12490 Clearwater Drive
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
1,958 Sq Ft

About This Property

Nestled in a peaceful and secluded South Reno neighborhood, this property is over a quarter acre with ample space for all of your gardening goals, entertainment and storage needs. Offering 4 spacious bedrooms, 2.5 bathrooms and 1,958 sqft of comfortable living space ready for a new chapter, without the restrictions of an HOA. Within 15 minutes away from Lake Tahoe, golfing, skiing and much more, the potential this property has to offer is ideal for any Buyer. Call the Listing Agent for more details or to schedule a showing.

Listed by Danielle Vaillancourt — Realty One Group Eminence

Listing Details

Status Active
MLS # 260006875
Price/Sq Ft $338

Property History

May 29, 2026
Listed for sale
$662,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,958
Lot Size 0.39 acres
Stories 3
Year Built 1978
Property Type Single Family Residence
Subdivision Spring Valley Estates 1
STR Jurisdiction Washoe County
APN 044-151-04
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sloped Up, Sprinklers In Front, Sprinklers In Rear, Other
View Mountain(s)
Construction Insulation - Blown-In, Brick Veneer, Concrete, Frame, Masonite, Unknown, Other
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,942
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
📊

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% ($132,400)
Home price
$662,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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Or call directly: 530.613.5207