$475,000 Active
4229 Fawnridge Place
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
·
1,423 Sq Ft
Virtual Tour

About This Property

Welcome to this beautifully maintained 3-bedroom, 2.5-bath townhome with a spacious loft, an attached two-car garage, and only one shared wall. Built in 2023, the home offers the ease and peace of mind of newer construction, with major systems—including the tankless water heater—still feeling like new. One of the property's most unique features is its direct access to the neighborhood's shared greenbelt/lawn space. Step outside and enjoy the feeling of having a beautiful backyard without the time or expense of maintaining one. The primary suite overlooks the peaceful lawn and features a walk-in closet and a private bathroom with dual sinks. The two additional bedrooms are thoughtfully separated from the primary suite, providing added privacy. Upstairs, the versatile loft creates valuable additional living space and can easily serve as a playroom, home gym, second living area, office, library, or cozy reading nook. The bright, modern kitchen features crisp white cabinetry, manufactured stone countertops, and a pantry for additional storage and organization. The attached two-car garage also includes built-in shelving, providing even more storage space. Located in a quiet neighborhood just minutes from everything Reno has to offer, this home provides a combination of space, comfort, and convenience that is difficult to find. Idlewild Park—home to Food Truck Fridays and the farmers market—is approximately five minutes away, while some of Reno's favorite coffee shops, restaurants, bakeries, and local businesses are just five minutes in the opposite direction. With the Truckee River also nearby, you'll enjoy quick access to outdoor recreation, dining, and entertainment while coming home to a peaceful neighborhood setting. Homes offering this much square footage, a premium greenbelt location, newer construction, and this level of pride in ownership are a rare find. This is low-maintenance living without compromising on space, privacy, or lifestyle.

Listed by Lisa Harrison — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260010163
Days on Market 1
Price/Sq Ft $334

Property History

Aug 06, 2026
Listed for sale
$475,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,423
Lot Size 0.03 acres
Stories 2
Year Built 2023
Property Type Townhouse
Subdivision Mountain View Unit 1
STR Jurisdiction Washoe County
APN 400-271-23
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level
Construction Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $3,501
HOA Fee $117 / Monthly
HOA / Community Mountain View HOA
Schools
Elementary School Warner
Middle School Clayton
High School Reno
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% ($95,000)
Home price
$475,000
Loan details
30-yr fixed, 6.5%
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