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Active under contract-show
  • Price cut: $73K (1/26)
    $1,624,000

    5502 New Mexico Ct, Reno, NV 89511

    5beds
    3,188sqft
    : 
    Single Family Residence
    Built in 2002
    0.58 Acres Lot
    $-- Zestimate®
    $509/sqft
    $63/mo HOA

    What's special

    Mountain viewsUpgraded granite countertopsCherrywood cabinetryFresh interior paintBeautifully maintained landscaping
    Exquisite single-owner home located in the highly sought-after Grandview community in Southwest Vistas, known for its privacy, serenity, and beautiful mountain surroundings. This meticulously maintained residence showcases exceptional upgrades, elegant finishes, and thoughtful design throughout. Enter through an impressive 12-ft barrel ceiling foyer, which leads to the formal living and family room that have matching 12 ft ceilings; 10 ft ceilings are found throughout the rest of the home, which enhances the open, airy ambiance. Stunning hand-scraped, distressed Spanish Walnut solid wood flooring throughout the main living areas. The spacious living room features a striking stacked-stone fireplace with a distressed wood mantle, creating an impressive focal point. The formal dining room is adorned with luxurious grass cloth wallpaper, adding warmth and texture. Just steps away, the kitchen includes premium GE Profile appliances, upgraded granite countertops, cherrywood cabinetry, a newer faucet, a Samsung dishwasher, and a GE Profile microwave. Down the hallway, a dedicated computer station with custom built-in cabinetry adds valuable workspace and organization. Retreat to the luxurious main suite, complete with a large soaking tub, a walk-in shower, double vanities, and an impressive 14' L x 7' W walk-in closet. All bedrooms include plush, high-quality carpet with upgraded padding for added comfort. Additional bathrooms feature custom cherrywood vanities and cabinetry paired with upgraded fixtures. Upgraded tile flooring enhances one of the baths and the laundry room. The full bath, located at the northwest wing of the home, includes newly installed plumbing hardware in the tub/shower combination. Fresh interior paint complements the home's timeless finishes, while the exterior has been professionally repainted using durable Sherwin-Williams Elastomeric paint. All exterior lighting has been replaced, and select interior fixtures have been updated, including newer fan lights in the main bedroom and family room. The home also includes surround sound in the formal living, formal dining, great room, kitchen, primary bedroom and primary bathroom. There are exterior eve outlets available for those choosing to add their own holiday lights. Outside, enjoy beautifully maintained landscaping and mountain views, along with an expansive 1,231 sq. ft. garage featuring built-in shelving and an extended driveway accommodating six to seven vehicles. Additional updates include a water heater approximately 10 years old. This home reflects true pride of ownership, luxuriously upgraded, exceptionally maintained, and completely move-in ready. A rare offering in a quiet, private community.
    127 days
    |
    2,542
    |
    68
    |

    Zillow last checked: 7 hours ago

    Listing updated: March 13, 2026 at 04:39pm

    Listed by:

    Anne Lichty BS.146356 775-750-3000,

    Dickson Realty - Damonte Ranch,

    Lexie Lichty S.0203496 775-750-9638,

    Dickson Realty - Damonte Ranch

    Source: NNRMLS,MLS#: 250058078MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 5
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air
      Appliances
      • Included: Dishwasher, Disposal, Double Oven, Gas Cooktop, Microwave
      • Laundry: Cabinets, Laundry Room, Sink, Washer Hookup
      Features
      • Breakfast Bar, Ceiling Fan(s), Entrance Foyer, High Ceilings, Pantry, Master Downstairs, Walk-In Closet(s)
      • Flooring: Carpet, Tile, Wood
      • Windows: Blinds, Double Pane Windows, Drapes, Rods, Vinyl Frames
      • Number of fireplaces: 1
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total structure area: 3,188
      • Total interior livable area: 3,188 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 4
      • Parking features: Attached, Garage, Garage Door Opener
      • Attached garage spaces: 4
      Features
      • Levels: One
      • Stories: 1
      • Patio & porch: Patio
      • Exterior features: Rain Gutters
      • Spa features: None
      • Fencing: Back Yard
      • Has view: Yes
      • View description: Mountain(s)
      Lot
      • Size: 0.58 Acres
      • Features: Cul-De-Sac, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
      Details
      • Additional structures: None
      • Parcel number: 15270108
      • Zoning: Lds

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Materials
      • Stucco
      • Foundation: Crawl Space
      • Roof: Pitched,Tile
      Condition
      • New construction: No
      • Year built: 2002

      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, Water Meter Installed

      Community & HOA

      Community
      • Subdivision: Southwest Vistas 5
      HOA
      • Has HOA: Yes
      • HOA fee: $190 quarterly
      • HOA name: Southwest Vistas
      Location
      • Region: Reno

      Financial & listing details

      • Price per square foot: $509/sqft
      • Tax assessed value: $731,883
      • Annual tax amount: $5,795
      • Date on market: 11/11/2025
      • Cumulative days on market: 128 days
      • Listing terms: Cash,Conventional

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/13/2026Contingent$1,624,000$509/sqft
        Source: NNRMLS #250058078 Report a problem
        1/26/2026Price change$1,624,000-4.3%$509/sqft
        Source: NNRMLS #250058078 Report a problem
        11/11/2025Listed for sale$1,697,000+183.3%$532/sqft
        Source: NNRMLS #250058078 Report a problem
        3/16/2011Listing removed$599,000$188/sqft
        Source: Dickson Realty Inc. #90010057 Report a problem
        11/8/2009Price change$599,000-7.8%$188/sqft
        Source: Dickson Realty Inc. #90010057 Report a problem
        8/13/2009Price change$650,000-2.8%$204/sqft
        Source: Dickson Realty Inc. #90010057 Report a problem
        7/11/2009Listed for sale$669,000+62.3%$210/sqft
        Source: Dickson Realty Inc. #90010057 Report a problem
        9/4/2002Sold$412,164$129/sqft
        Source: Public Record Report a problem

        Public tax history

        Public tax history
        YearProperty taxesTax assessment
        2025$5,627 +3%$256,159 +2.7%
        2024$5,465 +3%$249,418 +4%
        2023$5,307 +3%$239,840 +24.4%
        2022$5,152 +3%$192,816 +5%
        2021$5,000 +3%$183,635 +4.9%
        2020$4,853 -2.9%$175,074
        2019$5,000 +3%$175,074 +8.3%
        2018$4,853 +8.8%$161,598 +0.5%
        2017$4,459 $160,784 -0.2%
        2016$4,459 $161,132 +1.9%
        2015$4,459 +3.2%$158,076 +4%
        2014$4,323 $151,953 +10.7%
        2013$4,323 $137,320
        2012-- $137,320 -0.8%
        2011-- $138,434 +12%
        2010-- $123,609 -4.4%
        2009-- $129,327 -22.2%
        2008-- $166,304 +21.5%
        2007-- $136,894 -0.9%
        2006-- $138,082 +9%
        2005-- $126,661 +1.9%
        2004-- $124,288 +610.2%
        2003-- $17,500

        Find assessor info on the county website

        BuyAbility℠ payment

        Est. payment
        $9,033/mo
        Principal & interest
        $8375
        Property taxes
        $595
        HOA Fees
        $63
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          Climate risks

          Neighborhood: 89511

          Getting around

          0 / 100
          Car-Dependent
          0 / 100
          No Nearby Transit
          14 / 100
          Somewhat Bikeable

          Nearby schools

          GreatSchools rating
          Schools provided by the listing agent
          • Elementary: Lenz
          • Middle: Marce Herz
          • High: Galena

          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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