$420,000 Active
4692 Falcon Rock Lane
Sun Valley, NV 89433
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,741 Sq Ft

About This Property

OPEN HOUSE SATURDAY, 8/1 11am-1pm. Welcome to this beautifully maintained townhome in the gated Falcon Ridge community, offering modern finishes, thoughtful upgrades, and a low-maintenance lifestyle. Backing to open space, this home enjoys added privacy while being conveniently located near guest parking. The open-concept main level is designed for both everyday living and entertaining, featuring luxury vinyl plank flooring, abundant natural light, and a spacious living area highlighted by a custom shiplap fireplace feature with an electric fireplace, creating a warm and inviting focal point. The stylish kitchen offers granite countertops, stainless steel appliances, a large center island, pantry, gas range, and ample cabinetry for storage. Newer honeycomb blinds throughout the home enhance both style and energy efficiency. A partially updated half bath on the main level provides added convenience for guests. Upstairs, the spacious primary suite captures beautiful mountain views and features a large ensuite bathroom with dual vanities and a generous walk-in closet. Two additional bedrooms, a full bath, and an upstairs laundry room provide a functional layout that makes daily living effortless. The backyard is designed for easy maintenance with artificial turf and decorative rock, creating a clean, attractive outdoor space to relax or entertain while enjoying the added privacy of the open space behind the home. An attached two-car garage, HOA-maintained front landscaping, and a convenient location close to TMCC, UNR, downtown Reno, Reno-Tahoe International Airport, shopping, dining, and major freeways complete the package. Move-in ready and exceptionally well maintained, this home also includes the refrigerator, washer, dryer, and two mounted televisions, making your transition even easier.

Listed by Natalie Livezey — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260009874
Price/Sq Ft $241

Property History

Jul 31, 2026
Listed for sale
$420,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,741
Lot Size 0.04 acres
Stories 2
Year Built 2021
Property Type Townhouse
Subdivision Falcon Ridge
STR Jurisdiction Washoe County
APN 035-751-20
Parking
Garage Spaces 2
Total Parking 4
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front
View Mountain(s)
Construction Stucco
Roof Composition
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,957
HOA Fee $195 / Monthly
HOA / Community Falcon Ridge
Schools
Elementary School Allen
Middle School Desert Skies
High School Hug
HOA & Community
Community Amenities Gated, Parking
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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% ($84,000)
Home price
$420,000
Loan details
30-yr fixed, 6.5%
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