$400,000 Active
4889 Bougainvillea Circle
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,480 Sq Ft
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About This Property

Enjoy the perfect blend of comfort, convenience, and low-maintenance living in this beautifully maintained 2-bedroom, 2-bathroom condo located in a desirable gated Sparks community just minutes from the Sparks Galleria, shopping, dining, parks, and freeway access. The open-concept floor plan features a spacious living area with a cozy gas fireplace, newer carpet, granite countertops, stainless steel appliances, and a layout designed for both everyday living and entertaining. Both bedrooms include walk-in closets, while the primary suite offers a walk-in shower and abundant storage. An attached one-car garage adds everyday convenience. Designed with today's busy professional or anyone seeking an easy-care lifestyle in mind, the HOA maintains the landscaping so you can spend your free time enjoying the gated community's clubhouse, swimming pool, and hot tub instead of weekend yard work. FHA financing is available, making this an exceptional opportunity for first-time buyers, downsizers, or anyone looking for a lock-and-leave home in one of Sparks' most convenient locations.

Listed by Jeniffer Lair — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260009928
Price/Sq Ft $270

Property History

Aug 01, 2026
Listed for sale
$400,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,480
Lot Size 0.04 acres
Stories 2
Year Built 2006
Property Type Condominium
Subdivision Galleria Station 1
STR Jurisdiction Washoe County
APN 510-573-05
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area
View Mountain(s)
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,197
HOA Fee $390 / Monthly
HOA / Community Casoleil HOA
Schools
Elementary School Sepulveda
Middle School Sky Ranch
High School Reed
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Spa/Hot Tub
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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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