$459,500 $497,000 ↓ $37,500 reduced Active
165 Penelope Court
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,560 Sq Ft

About This Property

Truly a Charming Private well-kept Residence which will please your buyer on first sight! First the grounds: Low maintenance with privacy Hedge-Bushes, mature, beautiful shade trees, fully fenced, a blend of lush grass, gravel, brick, concrete and asphalt. Very useful is the outdoor enclosed storage & covered storage, plus "Oodles" of space for RV's all your toy's! The 576-S.F. detached Garage/Workshop will bring about an ear-to-ear smile! Your front entry deck is made of very strong IPE wood from Brazil. Your huge covered rear IPE Brazil wood deck/railing is amazing with a privacy awning screen, lighted and perfect for outside dining, watching tv, relaxing /dozing - a really great space! Inside your home: a well-thought-out floor plan with a comfortable living-room, which flows to the bright/clean kitchen with granite counters, high-end appliances, loads of valuable cabinet and counter space, soft-close features, pantry, dining area, eating-bar and a skylight, superb for cooking, conversing and laughter. All the bedrooms are restful and well-sized; the primary bedroom includes a walk-in closet and bathroom. The home also has several ceiling fans, a new HVAC system installed this year, a new water heater was installed about 2 years ago a new roof was installed about 7 years ago. Hurry, this is a great residence and property just waiting for you to call it home! Cheers! Please be advised that the existing furniture in the home is negotiable and available for purchase outside of escrow.

Listed by Clay Alder — Dickson Realty - Damonte Ranch

Listing Details

Status Active
MLS # 260008017
Days on Market 46
Price/Sq Ft $295

Property History

Jun 22, 2026
Listed for sale
$459,500
Jul 16, 2026
Price changed
$475,000
Aug 06, 2026
Price changed
$459,500
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,560
Lot Size 0.34 acres
Stories 1
Year Built 1990
Property Type Manufactured Home
Subdivision Mishler
STR Jurisdiction Washoe County
APN 085-481-32
Parking
Garage Spaces 2
Total Parking 4
Parking Features Detached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Multiple Entry Flat or Ramped
Lot Features Cul-De-Sac, Gentle Sloping, Landscaped, Level, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space, Full Perimeter, Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $770
Schools
Elementary School Bennet
Middle School Desert Skies
High School Hug
📊

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% ($91,900)
Home price
$459,500
Loan details
30-yr fixed, 6.5%
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