Affordable Home with RV parking and a 500+ SqFt shop. This offering features new flooring, windows, water heater and roof. The grounds feature low maintenance yard, massive patio, and full fencing, making it ideal for dog ownership. The shop, or barn, as the owner calls it, could be used for just about anything and is huge value-add for a home at this price point. Only 15 minutes to the Reno Tahoe International Airport, and less than an hour to the natural splendor of the Lake Tahoe Basin. Nevada residents enjoy zero state income tax.
Closed
$389,000
365 Palace Dr, Reno, NV 89506
3beds
1,008sqft
Single Family Residence
Built in 1972
10,018.8 Square Feet Lot
$390,500 Zestimate®
$386/sqft
$1,992 Estimated rent
Home value
$390,500
$355,000 - $426,000
$1,992/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: September 26, 2025 at 01:06pm
Listed by:
Todd Disbrow BS.0145280 775-830-3735,
Engel & Volkers Lake Tahoe
Bought with:
Jeniffer Lair, S.177181
Keller Williams Group One Inc.
Source: NNRMLS,MLS#: 250055019
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 1
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Dishwasher, Disposal, Electric Cooktop, Microwave
- Laundry: Laundry Closet
Features
- Ceiling Fan(s), No Interior Steps, Master Downstairs
- Flooring: Carpet, Luxury Vinyl
- Windows: Double Pane Windows, Vinyl Frames
- Has basement: No
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,008
- Total interior livable area: 1,008 sqft
Property
Parking
- Total spaces: 4
- Parking features: Additional Parking, Garage, RV Access/Parking
- Garage spaces: 1
Features
- Levels: One
- Stories: 1
- Patio & porch: Patio
- Exterior features: None
- Pool features: None
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 10,018 sqft
Details
- Additional structures: Workshop
- Parcel number: 08057407
- Zoning: SFR
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Fiberglass Siding
- Foundation: Concrete Perimeter
- Roof: Composition
Condition
- New construction: No
- Year built: 1972
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities
Community & neighborhood
Security
- Security features: Keyless Entry, Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Lemmon Valley Estates 3
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 9/26/2025 | Sold | $389,000$386/sqft |
Source:  NNRMLS #250055019 | ||
| 8/27/2025 | Contingent | $389,000$386/sqft |
Source: NNRMLS #250055019 | ||
| 8/25/2025 | Listed for sale | $389,000+3.8%$386/sqft |
Source: NNRMLS #250055019 | ||
| 7/30/2021 | Listing removed | -- |
Source: NNRMLS #210008643 | ||
| 7/17/2021 | Listed for sale | $374,900$372/sqft |
Source: NNRMLS #210008643 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $797 +8% | $48,823 +10.6% |
| 2024 | $737 +3% | $44,154 +5.1% |
| 2023 | $716 +2.9% | $42,014 +17.9% |
Find assessor info on the county website
Neighborhood: Lemmon Valley
Nearby schools
GreatSchools rating
- 2/10Lemmon Valley Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 2/10William O'brien Middle SchoolGrades: 6-8Distance: 2.9 mi
- 2/10North Valleys High SchoolGrades: 9-12Distance: 2.5 mi
Schools provided by the listing agent
- Elementary: Lemmon Valley
- Middle: OBrien
- High: North Valleys
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
$390,500
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
$390,500