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$970,000

  • For Sale
  • Active
  • Single Family
  • 9 Beds
  • 6 Full Baths
  • 4,111 Sq. Ft.
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Rare opportunity in central Reno! 1369 Faland Way comes with an approved Special Use Permit for boarding/rooming house use with up to 15 beds, and the City of Reno has confirmed the permit runs with the property, not the owner. This spacious home offers 9 bedrooms and 6 bathrooms, giving you plenty of room and flexibility for a wide range of uses. At the heart of the home is a very large kitchen built to handle a full house, plus two additional kitchenettes that add convenience and help spread out daily use. A separate office/flex space works well as a management office, study area, or extra common room. Parking includes 4 drive spaces, plus ample street partking, a real plus for a property of this size. Conveniently located near hospitals, bus lines, UNR, downtown, and restaurants. Opportunities like this with an existing Special Use Permit in place are hard to find. Buyer to verify all zoning, permit terms, and intended use with the City of Reno. Showings available by appointment. Do not bother tenants. Please call listing agent.

Full Property Details for 1369 Faland Way

General

  • Price: $970,000
  • Taxes: $4
  • Status: Active
  • Type: Single Family
  • Source: 2502
  • MLS ID: 260012416
  • Updated: 9/27/2026
  • Added to Site: 17 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), High Ceilings, Kitchen Island
  • Fireplace: Yes
  • Number of Fireplaces: 1
  • Fireplace(s): Gas
  • Appliances: Dishwasher, Disposal, Dryer, Gas Range, Microwave, Refrigerator, Washer, Water Softener Owned
  • Flooring: Carpet, Tile, Vinyl

Rooms

Bathrooms

  • Total Bathrooms: 6
  • Full Bathrooms: 6

Bedrooms

  • Total Bedrooms: 9

Other Rooms

  • Laundry: In Hall

Additional Information

  • Security/Safety: Keyless Entry, Smoke Detector(s)

Exterior

  • Exterior Features: Balcony
  • Porch/Patio/Deck: Uncovered, Deck

Parking

  • Total Spaces: 4
  • Parking Features: Additional Parking

Location

  • County: Washoe
  • Subdivision: University Terrace
  • Driving Directions: Sierra St. to College Dr.

School Information

  • Elementary School: Peavine
  • Middle School: Clayton
  • High School: Reno

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Cable Available: Yes
  • Utility Description: Cable Available, Electricity Available, Electricity Connected, Internet Available, Internet Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Avai

Structural Information

  • Property Detached: Yes
  • Roof: Composition, Pitched
  • Common Walls: No Common Walls
  • Windows: Blinds, Double Pane Windows, Vinyl Frames
  • Stories/Levels: 2
  • Building Size: 4111
  • Square Feet: 4,111
  • Living Area: 4,111 Sq. Ft.
  • Year Built: 1941

Additional Structures

  • Other Structures: None

Lot Features

  • Lot Size (Acres): 0.14
  • Lot Size (Sq. Ft.): 6,000
  • Frontage: Public
  • Road Maintenance: Public Maintained Road
  • Lot Features: Level
  • Zoning: SFR
  • Fencing (Description): None

Financial Considerations

  • Price Per Sq. Ft.: $235.95
  • Tax Amount: $4.27
  • Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 007-101-03

Listed by Sierra Sotheby's International, Jacqueline Mead (775) 233-9353

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Listing agent

— 1369 Faland Way —

  • Jacqueline Mead

    Sierra Sotheby's International

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NMLS#: 1598647

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Be ready to buy your new home!

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NMLS#: 1598647

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Find the right home insurance for your new home!

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Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1369 Faland Way

School District:Washoe County School District
NameGradesDistance
Elmcrest Elementary School
855 Mc Donald Drive, Reno, NV 89503
K-51.2 mi
Archie Clayton Middle School
1295 Wyoming Avenue, Reno, NV 89503
6-81.3 mi
Reno High School
395 Booth Street, Reno, NV 89509
9-121.7 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1369 Faland Way Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/25/2026
Listed
$970,000
151.95%
MLS
12/23/2014
Sold
$385,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1369 Faland Way

Year
Property Taxes
Change
Tax Assessment
Change
2025
-100%
$152,291
—
2025
$4
—
$152,034
-1%
2024
$4
33%
$153,488
4%
2023
$3
-25%
$147,511
21%
2022
$4
-20%
$121,675
9%
2021
$5
-29%
$111,661
-1%
2020
$7
—
$112,367
1%
2019
$7
-22%
$110,784
7%
2018
$9
29%
$103,261
2%
2017
$7
17%
$101,408
-2%
2016
$6
—
$103,453
10%
2015
$6
-100%
$94,108
5%
2014
$3,248
—
$89,400
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Sierra Sotheby's International, Jacqueline Mead (775) 233-9353

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1369 Faland Way, Reno, NV 89503 (MLS# 260012416) is a Single Family property with 9 bedrooms and 6 full bathrooms. 1369 Faland Way is currently listed for $970,000 and was received on September 26, 2026. Want to learn more about 1369 Faland Way? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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