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  • $1,500,000

    5502 New Mexico Ct, Reno, NV 89511

    5beds
    3,188sqft
    Single Family Residence
    Built in 2002
    0.58 Acres Lot
    $1,506,700 Zestimate®
    $471/sqft
    $4,662 Estimated rent

    Home value

    $1,506,700

    $1.39M - $1.64M

    $4,662/mo

    Zestimate® history
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    What's special

    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.

    Zillow last checked:

    Listing updated:

    Listed by:

    Anne Lichty BS.146356 775-750-3000,

    Dickson Realty - Damonte Ranch,

    Lexie Lichty S.0203496 775-750-9638,

    Dickson Realty - Damonte Ranch

    Bought with:

    Kenneth Lund, BS.144762

    Ferrari-Lund Real Estate South

    Alicia Lund, BS.144930

    Ferrari-Lund Real Estate South

    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

    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 & neighborhood

    Location
    • Region: Reno
    • Subdivision: Southwest Vistas 5

    HOA & financial

    HOA
    • Has HOA: Yes
    • HOA fee: $190 quarterly
    • Association name: Southwest Vistas

    Other

    Other facts
    • Listing terms: Cash,Conventional

    Price history

    DateEventPrice
    4/16/2026Sold$1,500,000-7.6%$471/sqft
    Source: NNRMLS #250058078 Report a problem
    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

    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

    Neighborhood: 89511

    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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    Estimated market value
    $1,506,700
    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
    $1,506,700