$400,000 Active
18653 Village Center Drive
Reno, NV 89508
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,628 Sq Ft

About This Property

Welcome home to this nearly new end-unit townhome in the Village Center at Cold Springs. Built in 2023, this 3-bedroom, 2.5-bath home offers 1,628 square feet of thoughtfully designed living space, a two-car garage, and a bright open floor plan perfect for everyday living and entertaining. The kitchen features quartz countertops, stainless steel appliances, a large island, and abundant storage, while the spacious primary suite enjoys beautiful mountain views, a walk-in closet, and private bath. Outside, unwind on the private gated front porch. Ideally located with direct access to the park, community center, elementary school, walking paths, and Cold Springs Crossing Bar & Grill, this home combines modern comfort with the convenience of having neighborhood amenities just steps away. If you're looking for a peaceful lifestyle with easy access to hiking, recreation, and all that northern Nevada has to offer, this is one you won't want to miss. Some photos have been virtually staged.

Listed by Kylie Keenan — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260009557
Days on Market 1
Price/Sq Ft $246

Property History

Jul 24, 2026
Listed for sale
$400,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,628
Lot Size 0.04 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Woodland Village Town Center Phase 1
STR Jurisdiction Washoe County
APN 556-731-18
Parking
Garage Spaces 2
Total Parking 2
Parking Features Permit Required, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Landscaped, Level
View Mountain(s)
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,003
HOA Fee $132 / Quarterly
HOA / Community Woodland Village
Schools
Elementary School Michael Inskeep
Middle School Cold Springs
High School North Valleys
HOA & Community
Community Amenities Landscaping, Management
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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% ($80,000)
Home price
$400,000
Loan details
30-yr fixed, 6.5%
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