$1,149,000 $1,290,000 ↓ $141,000 reduced Active
1461 Fraun Court
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
3,386 Sq Ft
Virtual Tour

About This Property

Motivated Seller! Experience sweeping mountain and valley views from this beautifully maintained home in Sparks, where one of the property's most valuable features is the protected view corridor directly across the street. The lot is owned by the surrounding property owners and cannot be developed, helping preserve the unobstructed views that make this location so special. Situated on a generous lot with exceptional outdoor living spaces, this 4-bedroom, 3-bath residence offers 3,386 square feet of comfortable living and entertaining space. Enjoy mature landscaping, multiple patio areas, a custom water feature, and breathtaking sunsets that showcase Northern Nevada's natural beauty. Inside, you'll find spacious living areas, abundant natural light, and a versatile floor plan designed for both everyday living and entertaining. A carpet allowance is available, providing buyers an opportunity to personalize the home to their own style and preferences. Whether enjoying morning coffee overlooking the mountains or gathering with friends on the patio at sunset, this property offers a rare combination of views, privacy, and outdoor living in one of Sparks' most desirable locations.

Listed by Anne Potter — NextHome Sierra Realty

Listing Details

Status Active
MLS # 260007147
Days on Market 45
Price/Sq Ft $339

Property History

Jun 05, 2026
Listed for sale
$1,149,000
Jun 30, 2026
Price changed
$1,176,000
Jul 13, 2026
Price changed
$1,149,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 3,386
Lot Size 0.28 acres
Stories 2
Year Built 1996
Property Type Single Family Residence
Subdivision Satellite Hills 2E
STR Jurisdiction Washoe County
APN 514-110-08
Parking
Garage Spaces 3
Total Parking 4
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Built-in Barbecue
Lot Features Cul-De-Sac, Landscaped, Level, Sloped Up, Sprinklers In Rear
View City, Mountain(s), Valley
Construction Stucco
Roof Pitched, Tile
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Electric
Financial
Annual Tax $6,275
Schools
Elementary School Whitehead
Middle School Mendive
High School Reed
📊

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% ($229,800)
Home price
$1,149,000
Loan details
30-yr fixed, 6.5%
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