$250,000 Active
1040 Baywood Drive #C
Sparks, NV 89434
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.0 Baths
·
823 Sq Ft
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About This Property

Tucked within the quiet, park-like Sunrise Villas community, 1040 Baywood #C offers an appealing combination of comfort, convenience, & low-maintenance living - whether you're looking for a place to call home or a property with investment potential. This charming single-story, two-bedroom, one-bath townhome features a bright and welcoming living area filled with natural light from an abundance of windows. The updated kitchen comes fully equipped with move-in-ready new appliances, including the refrigerator. Waterproof luxury vinyl plank flooring & plush carpeting add both durability & warmth throughout the home. One of the standout features is the private, sun-filled patio - a wonderful spot for morning coffee, outdoor dining, container gardening, or enjoying a BBQ dinner with friends. Adding even more convenience, this unit has something many homes in Sunrise Villas do not: in-unit washer and dryer hookups. Its also tucked away with a nice large grass area for puppy play. The newer washer/dryer combination unit located inside the home is included with the sale. Residents of Sunrise Villas enjoy beautifully landscaped grounds and access to a sparkling community pool, creating an inviting setting without the upkeep of a traditional yard. Central heating and newer window air-conditioning units help keep the home comfortable throughout the seasons. New water heater was installed by previous owner only a year ago. Conveniently located just off Sparks Boulevard and directly across from Reed High School, the property offers easy access to shopping, dining, parks, schools, transportation routes, and many of the everyday conveniences Sparks has to offer. The home is currently zoned for Juniper Elementary, Mendive Middle School, and Reed High School. With its single-story layout, desirable community amenities, private outdoor space, in-unit laundry, & convenient Sparks location, 1040 Baywood #C presents an attractive opportunity for an owner-occupant, first-time buyer, downsizer, or investor seeking a low-maintenance property with broad appeal.

Listed by Virginia Marphis — Fathom Realty

Listing Details

Status Active
MLS # 260011660
Days on Market 3
Price/Sq Ft $304

Property History

Sep 10, 2026
Listed for sale
$250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 $245,900 Miranda VauletRE/MAX Professionals-Reno Jonathan PooleRealty One Group Eminence

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 1.0
Sq. Ft. 823
Lot Size 0.02 acres
Stories 1
Year Built 1976
Property Type Condominium
Subdivision Sunrise Villas
STR Jurisdiction Washoe County
APN 036-371-39
Parking
Total Parking 1
Parking Features Permit Required, Additional Parking, Carport
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level
View Park/Greenbelt, Trees/Woods
Construction Stucco
Roof Flat, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Wall/Window Unit(s)
Financial
Annual Tax $585
HOA Fee $318 / Monthly
HOA / Community Sunrise Villas Condominium HOA
Schools
Elementary School Juniper
Middle School Mendive
High School Reed
HOA & Community
Community Amenities Landscaping, 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% ($50,000)
Home price
$250,000
Loan details
30-yr fixed, 6.5%
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