$699,000 Active
22875 Carriage Drive
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,800 Sq Ft
Virtual Tour

About This Property

Nestled on nearly an acre in the highly desirable, low-density community of Pleasant Valley, this 1,800-square-foot home offers an incredible canvas to bring your vision to life. Built in 1964, the well-designed floor plan features a bright open living, kitchen, and dining layout, along with 3 bedrooms, 2 bathrooms, and an attached 2-car garage. A separate family room complete with a wet bar creates the ideal setup for cozy evenings and effortless entertaining. Preserve the classic mid-century character or modernize the spaces to craft your custom South Reno haven. The true crown jewel of this property is the expansive 0.93-acre lot, zoned for horses and boasting breathtaking, panoramic views of the Slide Mountain, Mount Rose, and Mount Rose Ski Resort. Enjoy true self-sufficient country living with well, septic, and propane utilities already in place. With wide-open spaces and peaceful rural surroundings, there is endless potential for equestrian setups, custom workshops, or outdoor entertaining. Located just minutes from south Reno shopping, dining, Mount Rose Highway, and Lake Tahoe, you get the absolute best of country freedom and city convenience.

Listed by Jason Kirby — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260011131
Days on Market 1
Price/Sq Ft $388

Property History

Aug 27, 2026
Listed for sale
$699,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,800
Lot Size 0.93 acres
Stories 1
Year Built 1964
Property Type Single Family Residence
Subdivision Pleasant Valley Ranchos 3
STR Jurisdiction Washoe County
APN 050-115-09
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s), Ski Resort, Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Propane
Cooling Central Air, Wall/Window Unit(s)
Financial
Annual Tax $1,550
Schools
Elementary School Pleasant Valley
Middle School Marce Herz
High School Galena
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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% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
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