$1,420,000 Active
5233 N Elk River Road
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.0 Baths
·
2,624 Sq Ft

About This Property

Welcome to SouthWest Vistas! This exceptionally well-cared-for single-story home offers an impressive combination of space, upgrades, energy efficiency and outdoor living. in recent upgrades, including a new water heater and new Anderson upgraded windows in 2025—featuring the replacement of the original multi-pane windows with dramatic giant single-pane portrait windows in the living room and formal dining room—automatic window shades, new kitchen quartz counter and appliances including stovetop, tile accents and new exterior and interior paint in 2025. Beautiful ½-inch plank hardwood flooring in room, formal dining room and office has also been recently refinished. The air conditioner condenser tower has been replaced in the last five years. A welcoming Paverstone front courtyard adds curb appeal and creates an inviting outdoor sitting area. In the fenced backyard, enjoy relaxing views of the waterfall from the paverstone patio, surrounded by landscaping that creates a private, serene outdoor retreat. The large driveway also provides additional gated RV/boat parking. Car enthusiasts and hobbyists will appreciate the enormous 4-car garage plus space, finished attic space above, along with an EV charger and dedicated sub-panel. Energy features include a massive 56-panel, approximately 12,000-watt Tesla solar array and Nest smart-home system. Additional natural light is provided by solar tubes in the laundry room and primary closet. Two refrigerators plus the washer and dryer are included. Located in a just approximately 20 minutes from Mt. Rose Ski Resort and 40 minutes from Lake Tahoe, this home combines comfort, convenience and an outstanding Reno lifestyle.

Listed by Bradley Petersen — Nevada LFW Inc.

Listing Details

Status Active
MLS # 260010870
Price/Sq Ft $541

Property History

Aug 21, 2026
Listed for sale
$1,420,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,624
Lot Size 0.58 acres
Stories 1
Year Built 2000
Property Type Single Family Residence
Subdivision Southwest Vistas 3
STR Jurisdiction Washoe County
APN 152-193-04
Parking
Garage Spaces 4
Total Parking 4
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Other
Construction Stucco
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $5,746
HOA Fee $65 / Monthly
HOA / Community Southwest Vistas
Schools
Elementary School Lenz
Middle School Marce Herz
High School Galena
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 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% ($284,000)
Home price
$1,420,000
Loan details
30-yr fixed, 6.5%
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