$950,000 Active
1583 Cloud Peak Drive
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.5 Baths
·
4,945 Sq Ft
Virtual Tour

About This Property

Experience breathtaking views, exceptional space, and refined comfort in this stunning custom home, offering over 4,480 square feet of thoughtfully designed living space. Adding even more versatility, the finished walk-out basement features an additional 465 square foot spacious fitness room. This impressive 5-bedroom, 3.5-bath home is designed for both everyday living and grand entertainment. The gourmet kitchen showcases granite countertops, stainless steel appliances, a built-in oven and microwave, chef's gas range, warming oven, spacious pantry, oversized gathering island with breakfast bar, abundant cabinetry, and a generous breakfast nook perfectly positioned to capture the spectacular views. The luxurious primary suite serves as a private retreat, complete with a cozy fireplace, charming sitting area, private balcony, spa-inspired bath featuring dual vanities, a soaking tub, separate shower, and an expansive walk-in closet. Upstairs, a convenient laundry room adds functionality, while the Jack-and-Jill bathroom connects two spacious bedrooms, each offering its own vanity area and walk-in closet. An additional oversized room provides endless possibilities as an office, media room, game room, or bedroom. The walk-out daylight basement is ideal for multi-generational living, featuring its own private living space with a bedroom, bathroom, living area, and abundant storage. The massive fitness room offers even more flexibility to fit your lifestyle needs. Step outside and discover a truly private oasis where every detail has been thoughtfully curated for relaxation and enjoyment. Multiple outdoor living spaces include a balcony with afternoon shade, beautifully maintained gardens, RV parking, and a variety of mature fruit trees including apple, peach, walnut, cherry, and productive grapevines. Additional highlights include a gas stub for outdoor grilling and pre-wiring for a future hot tub. Perfectly positioned to offer both privacy and convenience, this exceptional property is just minutes from major shopping, dining, entertainment, and everyday amenities while providing the peaceful setting and spectacular views that make Spanish Springs so desirable. Offering luxury, functionality, and unparalleled versatility, this remarkable home truly has it all. Additionally includes the freedom of no HOA.

Listed by Chris Yochum — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260007932
Days on Market 1
Price/Sq Ft $192

Property History

Jun 19, 2026
Listed for sale
$950,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 4,945
Lot Size 0.22 acres
Stories 3
Year Built 2006
Property Type Single Family Residence
Subdivision Sky Ridge 2
STR Jurisdiction Washoe County
APN 514-581-13
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Multiple Entry Flat or Ramped, Rain Gutters
Lot Features Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View City, Mountain(s), Peek, Valley
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $6,382
Schools
Elementary School Beasley
Middle School Mendive
High School Reed
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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% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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