$639,900 Active
4503 Highcrest Drive
Reno, NV 89523
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,845 Sq Ft

About This Property

Welcome to your dream house situated in the highly desirable northwest Reno neighborhood. This stunning property features 3 bedrooms, 2.5 bathrooms, and has been meticulously updated throughout. Revel in the brand-new kitchen boasting new cabinets, countertops, and shelving. The home also owns new floors, fresh paint inside and out, a renovated fireplace, and new lighting fixtures. Enjoy the luxurious feel of the new carpet under your feet. Conveniently positioned with easy access to the freeway, shopping facilities, schools and the stunning Truckee River. This house stands as a perfect fusion of premium location, sophisticated upgrades and tranquil surroundings. Don't miss out on this gem in northwest Reno!

Listed by Becca Martinez — Harcourts Vanguard

Listing Details

Status Active
MLS # 260009705
Days on Market 1
Price/Sq Ft $347

Property History

Jul 29, 2026
Listed for sale
$639,900
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,845
Lot Size 0.14 acres
Stories 2
Year Built 1990
Property Type Single Family Residence
Subdivision Sage Point 2
STR Jurisdiction Washoe County
APN 400-062-03
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Gentle Sloping, Landscaped
View City, Mountain(s), Peek
Roof Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,746
HOA Fee $48 / Quarterly
HOA / Community Renovista Ridge Master POA
Schools
Elementary School Warner
Middle School Clayton
High School Reno
HOA & Community
Community Amenities None
📊

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% ($127,980)
Home price
$639,900
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Real Estate Tahoe.