New Property Updates now complete (roof and basement). Experience scenic fairway living with quiet sophistication in the established Lakeridge Terrace West community of Southwest Reno. Overlooking the lush fairways of Lakeridge Golf Course, this thoughtfully refreshed three bedroom, two bathroom residence offers 2,008 square feet of generous living space, abundant natural light, and beautiful golf course and greenbelt views. Expansive windows create a bright, welcoming atmosphere throughout the main living areas. The spacious living room features hardwood flooring, a fireplace, and direct access to a private balcony overlooking the fairways. An adjoining dining area flows naturally into the kitchen, featuring warm wood cabinetry, granite countertops, stainless steel appliances, and a functional layout designed for everyday living and entertaining. The generous primary suite includes a walk in closet and ensuite bath, while two additional bedrooms offer flexibility for guests, family, or a home office. Thoughtful improvements include fresh interior paint, updated lighting and electrical improvements, a new front entry door, skylight, dishwasher, kitchen faucet, refreshed landscaping, and a newly replaced garage roof featuring CertainTeed Landmark TL composition shingles. Beyond the home's 2,008 square feet of living area, an approximately 800 square foot full height lower level with separate exterior access offers substantial storage and utility space. Recent improvements include a new vapor barrier, exhaust fan, painted floor, and an interior access door to the utility area. Ideally located near Midtown, shopping, dining, medical facilities, Reno Tahoe International Airport, and year round recreation, this residence brings together scenic golf course living, generous interiors, and the convenience of an established Southwest Reno location.
Active
Price increase: $17K (10/28)
$715,000
4881 Lakeridge Ter W, Reno, NV 89509
3beds
2,008sqft
Condominium
Built in 1981
-- sqft lot
$700,900 Zestimate®
$356/sqft
$365/mo HOA
What's special
Refreshed landscapingNew front entry doorAbundant natural lightGenerous primary suiteStainless steel appliancesKitchen faucetEnsuite bath
- 90 days
- 796
- 24
Zillow last checked:
Listing updated:
Listed by:
Benna Mountain Luxury Real Estate 775-400-1221,
Sierra Sotheby's International
Source: NNRMLS,MLS#: 260010106
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric, Fireplace(s), Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Double Oven, Dryer, Electric Cooktop, Electric Range, Gas Range, Microwave, Oven, Refrigerator, Washer
- Laundry: Cabinets, In Unit, Laundry Room, Shelves, Sink, Washer Hookup
Features
- Breakfast Bar, Entrance Foyer, Master Downstairs, Walk-In Closet(s)
- Flooring: Carpet, Ceramic Tile, Wood
- Windows: Blinds, Double Pane Windows, Low Emissivity Windows
- Basement: Unfinished
- Number of fireplaces: 1
- Fireplace features: Gas
- Common walls with other units/homes: 1 Common Wall,End Unit
Interior area
- Total structure area: 2,008
- Total interior livable area: 2,008 sqft
Video & virtual tour
Property
Parking
- Total spaces: 3
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch, Covered, Patio
- Exterior features: None
- Spa features: None
- Fencing: Back Yard,Partial
- Has view: Yes
- View description: Golf Course, Park/Greenbelt, Trees/Woods
Lot
- Size: 3,049 Square Feet
- Features: Greenbelt, Landscaped, Level, On Golf Course, Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: None
- Parcel number: 02347213
- Zoning: SF5
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
- Foundation: Crawl Space, Slab
- Roof: Composition,Flat,Pitched,Shingle
Condition
- New construction: No
- Year built: 1981
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Natural Gas Not Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
Community & HOA
Community
- Security: Security System Owned, Smoke Detector(s)
- Subdivision: Lakeridge Terrace West 4
HOA
- Has HOA: Yes
- Amenities included: Landscaping, Parking, Pool
- Services included: Snow Removal
- HOA fee: $365 monthly
- HOA name: Lakeridge Terrace Association
Location
- Region: Reno
Financial & listing details
- Price per square foot: $356/sqft
- Tax assessed value: $316,413
- Annual tax amount: $3,089
- Date on market: 8/5/2026
- Cumulative days on market: 90 days
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Estimated market value
$700,900
$666,000 - $736,000
$3,098/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/28/2026 | Price change | $715,000+2.4%$356/sqft |
Source:  NNRMLS #260010106 Report a problem | ||
| 9/23/2026 | Price change | $698,000-3.7%$348/sqft |
Source: NNRMLS #260010106 Report a problem | ||
| 8/5/2026 | Listed for sale | $725,000+42.2%$361/sqft |
Source: NNRMLS #260010106 Report a problem | ||
| 9/25/2020 | Sold | $510,000+2%$254/sqft |
Source:  NNRMLS #200011958 Report a problem | ||
| 8/28/2020 | Listed for sale | $500,000+113.7%$249/sqft |
Source: Dickson Realty - Downtown #200011958 Report a problem | ||
| 1/30/2012 | Sold | $234,000$117/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,089 +3% | $110,745 -6% |
| 2025 | $3,000 +3% | $117,797 +5.3% |
| 2024 | $2,914 +3% | $111,902 -0.7% |
| 2023 | $2,830 +3% | $112,653 +21% |
| 2022 | $2,747 +3.2% | $93,117 +6.8% |
| 2021 | $2,661 +3% | $87,228 -0.4% |
| 2020 | $2,583 -2.9% | $87,536 |
| 2019 | $2,661 +3% | $87,536 +17.1% |
| 2018 | $2,583 -11.6% | $74,756 -0.4% |
| 2017 | $2,921 | $75,065 +4.4% |
| 2016 | $2,921 | $71,885 +2.8% |
| 2015 | $2,921 +145.3% | $69,917 +7% |
| 2014 | $1,191 -48.3% | $65,364 +7.3% |
| 2013 | $2,305 | $60,939 |
| 2012 | -- | $60,939 +0.2% |
| 2011 | -- | $60,831 -6.9% |
| 2010 | -- | $65,359 -16.4% |
| 2009 | -- | $78,144 -12.8% |
| 2008 | -- | $89,616 |
| 2007 | -- | $89,616 +22.9% |
| 2006 | -- | $72,940 +6.7% |
| 2005 | -- | $68,334 -0.3% |
| 2004 | -- | $68,550 +1.6% |
| 2003 | -- | $67,488 +0.7% |
| 2002 | -- | $67,045 -14.8% |
| 2001 | -- | $78,666 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Lakeridge
Nearby schools
Schools provided by the listing agent
- Elementary: Huffaker
- Middle: Pine
- 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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