$526,000 Active
7485 Capstone Drive
Reno, NV 89506
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
1,860 Sq Ft

About This Property

Better than a new home! Why wait for new home construction when you can have perfection today? This turnkey masterpiece feels better than new, buy a former model home with upgrades, backyard landscaping and window coverings The spacious, light-filled open floor plan frames peaceful views of the open space directly behind the property, ensuring ultimate privacy. Outside, the newly completed, low-maintenance landscaping provides a beautiful backdrop for relaxing or entertaining with walking trails nearby. Located mere minutes from shopping and downtown Reno, this home delivers the ultimate lock-and-leave lifestyle. This Craftsman-style home offers a thoughtfully designed two-story layout with four bedrooms, two and a half bathrooms, and 1,860 square feet of modern living space. The first floor features a spacious open concept design. The kitchen also provides direct access to the two-car garage. Upstairs, you'll find four generously sized bedrooms and a centrally located laundry room for effortless chore days. The primary suite includes a double vanity and large walk in closet. Beautiful views, zero builder delays, and low utility bills. Come look at this gorgeous home today and prepare to fall in love!

Listed by Kathleen Daniels — CalNeva Realty

Listing Details

Status Active
MLS # 260007637
Price/Sq Ft $283

Property History

Jun 15, 2026
Listed for sale
$526,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,860
Lot Size 0.10 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Subdivision Arroyo Crossing Phase 1
STR Jurisdiction Washoe County
APN 550-661-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Park/Greenbelt
Construction Insulation - Batts, Insulation - Blown-In, Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating ENERGY STAR Qualified Equipment, Natural Gas
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $4,656
HOA Fee $68 / Monthly
HOA / Community The Management Trust
Schools
Elementary School Lemmon Valley
Middle School OBrien
High School North Valleys
HOA & Community
Community Amenities None
📊

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% ($105,200)
Home price
$526,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

Send a Message

Or call directly: 530.613.5207