$700,000 Active
7484 Fallen Grove Lane #Sage Meadow 93
Sparks, NV 89436
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
2,115 Sq Ft

About This Property

The Pierce is designed with the entertainer in mind. The home's spacious foyer opens up to a flex room, expansive great room, and casual dining area with views to the large rear covered patio. The well-designed kitchen is complete with a large center island with breakfast bar, generous counter and cabinet space, and sizable walk-in pantry. The splendid primary bedroom suite is complemented by an ample walk-in closet and luxe primary bath with dual-sink vanity, oversize shower with drying area, linen storage, and private water closet. The secondary bedroom features a roomy closet and shared hall bath. Additional highlights include a convenient powder room and everyday entry with drop zone, centrally located laundry, and additional storage shower with drying area, and private water closet. The secondary bedrooms feature roomy closets and a shared hall bath. Additional highlights include a convenient powder room and everyday entry with drop zone, walk-in pantry off the kitchen, centrally located laundry, and additional storage throughout.

Listed by Michael Wood — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260011327
Days on Market 5
Price/Sq Ft $331

Property History

Sep 01, 2026
Listed for sale
$700,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,115
Lot Size 0.15 acres
Stories 1
Year Built 2024
Property Type Single Family Residence
Subdivision Stonebrook Village F2
STR Jurisdiction Washoe County
APN 528-723-14
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front
Construction Stucco
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $4,259
HOA Fee $156 / Monthly
HOA / Community Stonebrook Community Association
Schools
Elementary School Spanish Springs
Middle School Shaw Middle School
High School Spanish Springs
HOA & Community
Community Amenities Fitness Center, Pool
📊

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% ($140,000)
Home price
$700,000
Loan details
30-yr fixed, 6.5%
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