$625,000 Active
1445 Majestic Drive
Reno, NV 89503
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
1,532 Sq Ft

About This Property

Gorgeous Move-In Ready Home in the Old Northwest! Beautifully updated throughout, this home offers modern finishes, major system upgrades, and exceptional pride of ownership. The remodeled kitchen features new cabinetry, countertops, and appliances, including the refrigerator, microwave, range/oven, and dishwasher. Both bathrooms have been tastefully renovated, including a stunning primary bath with marble shower and accent walls. Recent improvements provide peace of mind, including a new roof with solar tube, new AC and furnace, updated plumbing, exterior siding and paint, fencing, irrigation, and extensive landscaping. The interior has been freshly painted, including the fireplace, and all popcorn ceilings have been removed for a clean, contemporary feel. Enjoy low-maintenance outdoor living with SynLawn turf, decorative rock landscaping, an extended driveway, and beautifully improved front and backyard spaces. Recent Updates Include: 2026: Plumbing under house brought to code; full irrigation system installed and brought to code 2025: Extended driveway, front yard landscaping, and new irrigation 2024: Full primary bath remodel with marble shower and walls; hall bath remodel; interior paint; popcorn ceilings removed 2023: New siding (all sides except front), exterior paint and trim, new fencing and side gate 2022: New roof with solar tube; complete kitchen remodel; new refrigerator, microwave, range/oven, and dishwasher 2021: New AC and furnace 2020: Backyard landscaping with SynLawn turf and decorative salt-and-pepper rock Move-in ready and loaded with upgrades, this is a rare opportunity in the highly desirable Old Northwest neighborhood!

Listed by Sarah Carmona Zink — Reno/Tahoe Realty Group, LLC

Listing Details

Status Active
MLS # 260006969
Days on Market 1
Price/Sq Ft $408

Property History

Jun 01, 2026
Listed for sale
$625,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,532
Lot Size 0.16 acres
Stories 1
Year Built 1963
Property Type Single Family Residence
Subdivision Royal Heights 1
STR Jurisdiction Washoe County
APN 002-401-03
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 Level, Sprinklers In Front
View Mountain(s), Trees/Woods
Construction Frame
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Floor Furnace
Cooling Central Air, Electric
Financial
Annual Tax $1,217
Schools
Elementary School Elmcrest
Middle School Clayton
High School Reno
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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% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662

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