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Pending
    • Price cut: $50K (8/28)
    $950,000

    7240 Cheltenham Way, Reno, NV 89502

    4beds
    2,878sqft
    : 
    $6,580/mo
    Get pre-qualified
    SingleFamily
    Built in 1994
    0.5 Acres Lot
    $-- Zestimate®
    $330/sqft
    $-- HOA

    What's special

    Stand alone heaterBeautifully landscaped half-acre lotStunning viewsMature landscapingExpansive wraparound porchSpacious living
    Buyer's agents are welcome! $5,000 towards buyer's closing costs. Welcome to this beautiful Hidden Valley home, offering 2,878 square feet of comfortable single-level living on a generous ½-acre lot. This spacious residence features 4 bedrooms, 3 bathrooms, and an ideal blend of timeless character. The recently remodeled master bathroom provides a luxurious retreat, while major system upgrades—including new roof/gutters; new HVAC system (air conditioner and heater); new hot water heater; whole house newly installed plugs/outlets with GFI and smoke alarms, and updated fuse box—offer peace of mind for years to come. Water softener and instant hot water systems have also been installed. Designed for both everyday living and entertaining, the home features a formal living room with a cozy gas fireplace, a spacious kitchen with an island and pantry, and multiple gathering spaces filled with natural light. Wide hallways and an accessible floor plan add to the home's functionality. Step outside to take in the spectacular city and mountain views from the expansive wraparound porch—the perfect place to enjoy morning coffee, unwind at sunset, or entertain guests. The beautifully landscaped half-acre lot offers privacy, mature landscaping, a gazebo, and plenty of room to enjoy the outdoors. Additional highlights include a spacious 4-car garage with RV parking, work bench area with cabinets, and a stand alone heater. This home is located in the highly desirable Hidden Valley area, close to shopping, dining, golf, and outdoor recreation. This property combines stunning views, quality upgrades, and spacious living in one of Reno's most sought-after neighborhoods. Viewing is by appointment only.
    77 days
    572
    18
    Listed by:

    Property Owner (209) 352-8418

    This property is for sale by owner and Zillow, Inc. is displaying it at the owner's request. It is not subject to a listing agreement with Zillow, Inc. or its affiliates.

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 3
      • Full bathrooms: 3
      Heating
      • Forced air, Gas
      Cooling
      • Central
      Appliances
      • Included: Dishwasher, Dryer, Garbage disposal, Microwave, Range / Oven, Refrigerator, Washer
      Features
      • Flooring: Tile, Carpet, Hardwood, Laminate, Linoleum / Vinyl
      • Basement: None
      • Has fireplace: Yes
      Interior area
      • Total interior livable area: 2,878 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      Features
      • Exterior features: Stone, Stucco
      • Has view: Yes
      • View description: City, Mountain
      Lot
      • Size: 0.5 Acres
      • Topography: Upslope, Gentle
      Details
      • Parcel number: 05135104

      Construction

      Type & style
      • Home type: SingleFamily
      Materials
      • Frame
      • Roof: Composition
      Condition
      • New construction: No
      • Year built: 1994

      Utilities & green energy

      • Utilities for property: Electricity, City/County Water, Septic, Water Meter Installed, Telephone, DSL Available

      Community & HOA

      Location
      • Region: Reno

      Financial & listing details

      • Price per square foot: $330/sqft
      • Tax assessed value: $591,976
      • Annual tax amount: $5,022
      • Date on market: 7/16/2026

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $4,702/mo

        Price history

        DateEventPrice
        9/9/2026Pending sale$950,000$330/sqft
        Source: Owner Report a problem
        8/28/2026Price change$950,000-5%$330/sqft
        Source: Owner Report a problem
        8/6/2026Price change$1,000,000-13%$347/sqft
        Source: Owner Report a problem
        7/16/2026Listed for sale$1,150,000+98.3%$400/sqft
        Source: Owner Report a problem
        5/4/2018Sold$580,000-1.2%$202/sqft
        Source: NNRMLS #180003123 Report a problem
        3/30/2018Pending sale$587,000$204/sqft
        Source: Cal Neva Realty #180003123 Report a problem
        3/28/2018Price change$587,000-1.7%$204/sqft
        Source: Cal Neva Realty #180003123 Report a problem
        3/23/2018Price change$597,000-2.1%$207/sqft
        Source: Cal Neva Realty #180003123 Report a problem
        3/13/2018Listed for sale$610,000+30.9%$212/sqft
        Source: Cal Neva Realty #180003123 Report a problem
        12/18/2014Sold$466,000-4.9%$162/sqft
        Source: Public Record Report a problem
        10/3/2014Listed for sale$489,900$170/sqft
        Source: Assist-2-Sell Buyers & Sellers Realty #140013558 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$5,022 +3%$207,192 -1.7%
        2025$4,877 +2.9%$210,701 +3.6%
        2024$4,740 +2.9%$203,310 +3.8%
        2023$4,604 +3%$195,919 +21.5%
        2022$4,469 +3.1%$161,309 +6.3%
        2021$4,335 +3%$151,678 +1.4%
        2020$4,210 -2.9%$149,528
        2019$4,335 +3%$149,528 +6.8%
        2018$4,210 +8.9%$140,063 +0.1%
        2017$3,866 $139,922 -0.7%
        2016$3,866 $140,861 +1.1%
        2015$3,866 +99.4%$139,273 +15.1%
        2014$1,939 -46.6%$120,962 +12.1%
        2013$3,627 $107,892
        2012-- $107,892 +2.1%
        2011-- $105,709 -13.4%
        2010-- $122,089 -11%
        2009-- $137,194 -3.5%
        2008-- $142,097 -14.1%
        2007-- $165,383 +18.3%
        2006-- $139,842 +7.9%
        2005-- $129,553 +0.3%
        2004-- $129,216 +8.6%
        2003-- $119,030 +0.8%
        2002-- $118,135
        2001-- $118,135
        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.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: 89502

        Getting around

        5 / 100
        Car-Dependent
        0 / 100
        No Nearby Transit
        13 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • Elementary: Hidden Valley
        • Middle: Vaughn
        • High: Wooster

        Source: The MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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