$424,000 Active
18663 Village Center Drive
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,628 Sq Ft

About This Property

Views, Views, Views! Welcome to the heart of Cold Springs, this 2023 built townhome delivers a rare blend of modern living, outdoor adventure, and community connection. All appliances included! Plenty of open adjacent public land for hiking, cycling and off-road adventures. Miles of neighborhood paths and several parks. In addition, the Cold Springs Family Center offers after-school programs, a full fitness center with various exercise classes, and serves as a venue for community events.This 2 Bedroom, 2.5 Bath stunning home features one large primary suite and one junior suite upstairs, and all your living room/kitchen downstairs. Also this unit has an attached 2 car garage! The upstairs of this home is so AMAZING you won't want to go anywhere else! The two adjoining interior walls are separated by a firewall to ensure no noise transfer. Enjoy local gatherings at the Cold Springs Community & Senior Center, unwind in the adjacent park, or meet friends at Cold Springs Crossing Restaurant with family friendly indoor and outdoor seating.

Listed by Linda Christensen — RE/MAX Gold

Listing Details

Status Active
MLS # 260007029
Days on Market 10
Price/Sq Ft $260

Property History

Jun 03, 2026
Listed for sale
$424,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,628
Lot Size 0.04 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Woodland Village Town Center Phase 1
STR Jurisdiction Washoe County
APN 556-731-22
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
View Mountain(s)
Construction Insulation - Batts, Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $3,007
HOA Fee $132 / Quarterly
HOA / Community Woodland Village HOA
Schools
Elementary School Michael Inskeep
Middle School Cold Springs
High School North Valleys
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% ($84,800)
Home price
$424,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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