Closed
$625,000
280 Island Ave APT 1601, Reno, NV 89501
2beds
1,544sqft
Condominium
Built in 1961
-- sqft lot
$613,900 Zestimate®
$405/sqft
$2,369 Estimated rent
Home value
$613,900
$565,000 - $663,000
$2,369/mo
Zestimate® history
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What's special
Welcome to Park Towers, and this exquisite 16th floor luxury condo nestled in the heart of downtown Reno. Situated along the Truckee River and directly across from Wingfield Park, this upscale, remodeled residence offers a truly exceptional living experience and the option to rent it out through AIRBNB! With two private balconies, it provides stunning panoramic sunsets & vistas that offer unparalleled perspective of the area's natural beauty & vibrant city life., Also provides you with a front row seat to concerts in the park. The owner has successfully placed this luxury 2 bedroom, 2 full bathroom condo on a rental program with Airbnb, consistently earning excellent reviews. Whether you're looking for an investment property or a residence to call your own, this condo presents an opportunity to indulge in the best of both worlds. Walking distance to many restaurants and downtown events. HOA covers hot and cold water, sewer, trash, heating & cooling, exterior maintenance. No natural gas in building. Park Towers has a conference room, library and party deck for your use. Underground parking spaces not included. You can sign up on a waiting list, to obtain a space for a fee. To see Airbnb reviews go to: Park Tower: Downtown Reno Penthouse on the River. Condo sold fully furnished to easily continue the booked reservations. (Game table and chairs NOT included in the furnishings.)
Zillow last checked: 8 hours ago
Listing updated: May 14, 2025 at 04:15am
Listed by:
Trish Thiele S.55752 775-846-0906,
Chase International-Damonte
Bought with:
Shauna Ganes, S.78638
Chase International-Damonte
Source: NNRMLS,MLS#: 240003994
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
- Laundry: In Kitchen, Laundry Area
Features
- Breakfast Bar, Elevator
- Flooring: Carpet, Ceramic Tile
- Windows: Blinds, Double Pane Windows
- Number of fireplaces: 1
Interior area
- Total structure area: 1,544
- Total interior livable area: 1,544 sqft
Property
Parking
- Parking features: None
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: None
- Fencing: None
- Has view: Yes
- View description: City, Mountain(s), Park/Greenbelt, Trees/Woods
Lot
- Features: Corner Lot, Level
Details
- Parcel number: 01147601
- Zoning: Mdrd
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Flat
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Phone Available, Sewer Available, Water Available, Cellular Coverage
Community & neighborhood
Security
- Security features: Keyless Entry, Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Park Towers
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,204 monthly
- Amenities included: Gated, Maintenance Grounds, Maintenance Structure, Management
- Services included: Insurance, Utilities
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 6/12/2024 | Sold | $625,000-6%$405/sqft |
Source: | ||
| 5/11/2024 | Pending sale | $665,000$431/sqft |
Source: | ||
| 4/14/2024 | Listed for sale | $665,000$431/sqft |
Source: | ||
| 4/12/2024 | Listing removed | -- |
Source: | ||
| 2/11/2024 | Price change | $665,000-4.3%$431/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,929 +6.3% | $89,146 +1% |
| 2024 | $1,814 +11.1% | $88,230 +5.4% |
| 2023 | $1,633 +10.5% | $83,717 +26.7% |
Find assessor info on the county website
Neighborhood: Riverwalk
Nearby schools
GreatSchools rating
- 8/10Mount Rose Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.8 mi
- 6/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Mt. Rose
- Middle: Swope
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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Estimated market value$613,900
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$613,900



