$485,000
Active
1461 Palermo Drive
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2
Beds
·
2.0
Baths
·
1,493
Sq Ft
About This Property
Beautifully Maintained home in 55+ Villa Toscana in Sparks, Nevada. Stainless steel appliances. siltstone countertops updated cabinets, Plenty of counter space, pantry, breakfast nook, and bar. Newer carpet and updated lighting and ceiling fans. Lovely private backyard with covered patio and trees. Across the street from dog park. Community clubhouse with lots of activities and opportunities to meet neighbors and residents.
Listed by Michael Pevy — Ferrari-Lund Real Estate South
Listing Details
Status
Active
MLS #
260009275
Days on Market
1
Price/Sq Ft
$325
Property History
Jul 20, 2026
Listed for sale
$485,000
Property Overview
Beds
2
Baths
2.0
Sq. Ft.
1,493
Lot Size
0.12 acres
Stories
1
Year Built
2003
Property Type
Single Family Residence
Subdivision
Toscana @ D`Andrea 4A - 4B
STR Jurisdiction
Washoe County
APN
402-331-11
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
View
Park/Greenbelt, Trees/Woods
Construction
Stucco
Roof
Pitched, Tile
Foundation
Crawl Space, Full Perimeter
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$3,449
HOA Fee
$180 / Monthly
HOA / Community
Villa Toscana
Schools
Elementary School
Moss
Middle School
Mendive
High School
Reed
HOA & Community
Community Amenities
Clubhouse, Fitness Center, Gated, Management, Parking, Pool, Recreation Room, Spa/Hot Tub
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% ($97,000)
Home price
$485,000
Loan details
30-yr fixed, 6.5%
