$199,000
Active Under Contract
0 La Mancha Drive
Sparks, NV 89441
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
About This Property
Discover the perfect opportunity to build your dream home on this beautiful view lot located on a cul-de-sac in Spanish Springs Valley Ranches. Enjoy the convenience of paved road access, with power and internet nearby for an easier building process. Take a drive by and experience the attractive setting, scenic views, and excellent location this property has to offer. Don't miss your chance to own a prime homesite in this desirable area.
Listed by Adrian Dyette — BHG Drakulich Realty
Listing Details
Status
Active Under Contract
MLS #
260008636
Days on Market
46
Property History
Jul 07, 2026
Listed for sale
$199,000
Jul 18, 2026
Pending
$199,000
Property Overview
Exterior & Lot
Lot Features
Cul-De-Sac, Gentle Sloping, Open Lot
View
City, Mountain(s), Peek, Valley
Financial
Annual Tax
$477
Schools
Elementary School
Taylor
Middle School
Shaw Middle School
High School
Spanish Springs
STR Investment Analysis
Permitted Zone
STRUCTURAL SCORE
Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K
typically ~$142,500
~$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% ($39,800)
Home price
$199,000
Loan details
30-yr fixed, 6.5%
