$459,000 Active
120 E Emerson Way
Sparks, NV 89431
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,344 Sq Ft
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About This Property

Seller is willing to offer a credit toward the buyer's closing costs, making this an appealing opportunity for first-time buyers and those looking to make the most of their home purchase. Move-in ready and thoughtfully updated, this single-level single-family residence offers comfortable living with modern improvements and flexible space throughout. Featuring two bedrooms and two full bathrooms, the home has been refreshed with luxury vinyl plank flooring throughout, fresh interior paint, and updated flooring in both bathrooms. A versatile additional space provides excellent flexibility and can be used as a home office, nursery, or easily converted back to a third bedroom to suit your needs. The backyard has been enhanced with low-maintenance turf and a fire pit, creating an inviting setting for outdoor entertaining and relaxation. An attached one-car garage is currently being used as a gym but remains operational and can readily be converted back to garage use. Conveniently located near shopping, schools, parks, dining, and everyday amenities, this well-maintained home offers an appealing combination of functionality, flexibility, and convenience.

Listed by Zoe Dodd — Coldwell Banker Select Incline

Listing Details

Status Active
MLS # 260009330
Price/Sq Ft $342

Property History

Jul 22, 2026
Listed for sale
$459,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,344
Lot Size 0.15 acres
Stories 1
Year Built 1963
Property Type Single Family Residence
Subdivision Sierra Estates 2
STR Jurisdiction Washoe County
APN 028-114-27
Parking
Garage Spaces 1
Total Parking 4
Parking Features Attached, Carport, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Artificial Turf, Landscaped, Level
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $857
Schools
Elementary School Juniper
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% ($91,800)
Home price
$459,000
Loan details
30-yr fixed, 6.5%
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