$440,000 Active
3400 Colonial Downs Drive
Reno, NV 89512
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,281 Sq Ft

About This Property

Charming home in the Cottages at Comstock community. Thoughtfully designed, this property is as functional as it is beautiful. Inside, you'll be greeted by an inviting open layout adorned with luxury vinyl plank flooring throughout the main living and bathroom areas, complemented by white quartz countertops with stunning veining and upgraded brushed nickel fixtures. For added convenience, the property features both an attached garage and a spacious paver parking area, offering ample room for multiple vehicles. The garage is enhanced with newly installed epoxy flooring, a premium upgrade completed by the current owner that adds both durability and a clean, polished finish. Located just minutes from UNR, downtown Reno, Midtown and major freeway access, this property delivers an ideal blend of tranquility and accessibility with great mountain views. With its neutral, tasteful palette and meticulous care, this home is truly move-in ready and waiting for its next chapter.

Listed by Michelle McCormack — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260009829
Price/Sq Ft $343

Property History

Jul 31, 2026
Listed for sale
$440,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,281
Lot Size 0.03 acres
Stories 2
Year Built 2023
Property Type Single Family Residence
Subdivision Mountain View Estates Unit 4
STR Jurisdiction Washoe County
APN 003-304-08
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View City, Mountain(s), Valley
Construction Frame, Stucco
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,687
HOA Fee $75 / Monthly
HOA / Community MJK Company
Schools
Elementary School Peavine
Middle School Clayton
High School Hug
HOA & Community
Community Amenities None
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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% ($88,000)
Home price
$440,000
Loan details
30-yr fixed, 6.5%
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