Wake up to the soothing sights and sounds of the Truckee River from this beautifully positioned residence at 508 Island Avenue. Large windows invite natural light and showcase the ever-changing river scenery, blending indoor comfort with the outdoors. Ideally located in the heart of downtown Reno, this home offers the rare combination of natural beauty and urban convenience steps from the Riverwalk District, dining, arts, and outdoor recreation. Enjoy your favorite morning beverage watching the river flow by and evenings immersed in the vibrant energy of the city, all from a front-row seat to one of Reno's most iconic settings - an exceptional opportunity to live where nature and downtown Reno meet. Additionally, air conditioning power and gas in the home is included in your HOA fee.
Active
$650,000
508 Island Ave, Reno, NV 89501
3beds
2,246sqft
Est.:
Condominium
Built in 1975
-- sqft lot
$-- Zestimate®
$289/sqft
$754/mo HOA
What's special
Air conditioning
- 73 days |
- 1,962 |
- 33 |
Zillow last checked: 7 hours ago
Listing updated: February 22, 2026 at 11:54pm
Listed by:
Lance Higa S.201911 808-475-9997,
LPT Realty, LLC
Source: NNRMLS,MLS#: 260000516
Tour with a local agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Trash Compactor, Washer
- Laundry: In Hall, Laundry Closet, Washer Hookup
Features
- Entrance Foyer, No Interior Steps, Master Downstairs
- Flooring: Carpet, Tile, Vinyl
- Windows: Blinds, Drapes, Metal Frames
- Number of fireplaces: 1
- Fireplace features: Gas
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 2,246
- Total interior livable area: 2,246 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Garage Door Opener, Under Building
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Covered, Patio
- Exterior features: Balcony
- Spa features: None
- Fencing: Full
- Has view: Yes
- View description: City, Mountain(s), Park/Greenbelt
- Waterfront features: Fishing, Fixed Bridges
- Body of water: Truckee River
Lot
- Size: 435.6 Square Feet
- Features: Corner Lot, Gentle Sloping, Landscaped, Sprinklers In Front
Details
- Additional structures: Storage
- Parcel number: 01139008
- Zoning: MF30
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Materials
- Insulation - Batts, Concrete, Glass, Stucco
- Foundation: Slab
- Roof: Flat,Tile
Condition
- New construction: No
- Year built: 1975
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 & HOA
Community
- Security: Carbon Monoxide Detector(s), Security Fence, Security Gate, Smoke Detector(s)
- Subdivision: Wingfield Park
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Gated, Landscaping, Management, Storage
- Services included: Cooling, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
- HOA fee: $754 monthly
- HOA name: Wingfield Park Condominium Association
Location
- Region: Reno
Financial & listing details
- Price per square foot: $289/sqft
- Tax assessed value: $194,936
- Annual tax amount: $2,499
- Date on market: 1/15/2026
- Cumulative days on market: 74 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 1/15/2026 | Listed for sale | $650,000+91.7%$289/sqft |
Source:  NNRMLS #260000516 Report a problem | ||
| 6/19/2010 | Listing removed | $339,000$151/sqft |
Source: Coldwell Banker Select Real Estate #90006569 Report a problem | ||
| 9/29/2009 | Price change | $339,000-2.9%$151/sqft |
Source: Coldwell Banker Select Real Estate #90006569 Report a problem | ||
| 5/14/2009 | Listed for sale | $349,000+118.1%$155/sqft |
Source: Coldwell Banker Select Real Estate #90006569 Report a problem | ||
| 5/19/1995 | Sold | $160,000$71/sqft |
Source: Public Record Report a problem | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,404 +8% | $68,228 -3.1% |
| 2024 | $2,227 +8.1% | $70,441 +7.1% |
| 2023 | $2,061 +9% | $65,776 +6.1% |
| 2022 | $1,891 +6.4% | $61,985 +13.5% |
| 2021 | $1,777 +5% | $54,598 +0.9% |
| 2020 | $1,692 -4.8% | $54,126 |
| 2019 | $1,777 +5% | $54,126 +7.3% |
| 2018 | $1,692 +12% | $50,424 -0.8% |
| 2017 | $1,511 | $50,841 +4.6% |
| 2016 | $1,511 | $48,608 +11% |
| 2015 | $1,511 +100.2% | $43,783 +0.5% |
| 2014 | $755 -48.3% | $43,547 +12.5% |
| 2013 | $1,461 | $38,712 |
| 2012 | -- | $38,712 +1.5% |
| 2011 | -- | $38,144 -3% |
| 2010 | -- | $39,309 -5.4% |
| 2009 | -- | $41,569 -15.6% |
| 2008 | -- | $49,278 |
| 2007 | -- | $49,278 +11.4% |
| 2006 | -- | $44,250 -3.1% |
| 2005 | -- | $45,664 -5% |
| 2004 | -- | $48,055 -1.1% |
| 2003 | -- | $48,579 +0.7% |
| 2002 | -- | $48,256 |
| 2001 | -- | $48,256 |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$4,357/mo
Principal & interest
$3365
HOA Fees
$754
Property taxes
$238
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Climate risks
Neighborhood: Old Southwest
Nearby schools
GreatSchools rating
- 9/10Jessie Beck Elementary SchoolGrades: PK-6Distance: 1.3 mi
- 6/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 1.8 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.6 mi
Schools provided by the listing agent
- Elementary: Hunter Lake
- 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.
Local experts in 89501
- Nevada
- Washoe County
- Reno
- 89501
- Old Southwest
- 508 Island Ave
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