$198,000 Active
2955 Lakeside Drive #Unit 220
Reno, NV 89509
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
677 Sq Ft

About This Property

Discover affordable condo living near Virginia Lake in the heart of Reno, Nevada. This updated one-bedroom, one-bath condo at 2955 Lakeside Drive offers peaceful views of mature trees and beautifully maintained green space. The inviting interior features an updated kitchen with newer cabinetry, countertops, laminate flooring, and modern appliances, along with a tastefully refreshed bathroom. The comfortable living area opens to a spacious private deck with a generous storage closet—perfect for morning coffee or relaxing outdoors. A conveniently located covered parking space is also included. HOA dues cover heat, water, hot water, and trash, helping make everyday living simple and predictable, while residents enjoy access to the community swimming pool. Conveniently located near Virginia Lake Park, Midtown Reno, shopping, restaurants, entertainment, public transportation, medical services, Reno-Tahoe International Airport, and major roadways, this centrally located Reno condo is an excellent option for buyers seeking an updated, low-maintenance home in Northern Nevada.

Listed by Mignon Lagatta — Haven Collective Realty

Listing Details

Status Active
MLS # 260010707
Days on Market 25
Price/Sq Ft $292

Property History

Aug 19, 2026
Listed for sale
$198,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 677
Stories 1
Year Built 1979
Property Type Condominium
Subdivision Lakeside Plaza 2
STR Jurisdiction Washoe County
APN 019-452-20
Parking
Total Parking 1
Parking Features Carport, None
Exterior & Lot
Exterior Features None
Lot Features Greenbelt, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Stucco
Roof Flat
Foundation Slab
Utilities & Systems
Heating Forced Air, Hot Water, Natural Gas
Cooling Central Air
Financial
Annual Tax $429
HOA Fee $379 / Monthly
HOA / Community Associa Sierra
Schools
Elementary School Anderson
Middle School Swope
High School Reno
HOA & Community
Community Amenities Landscaping, Parking, Pool
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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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($39,600)
Home price
$198,000
Loan details
30-yr fixed, 6.5%
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