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Active
    • $595,000

    508 Island Ave, Reno, NV 89501

    3beds
    2,246sqft
    : 
    $4,672/mo
    Get pre-qualified
    Condominium
    Built in 1975
    -- sqft lot
    $-- Zestimate®
    $265/sqft
    $754/mo HOA

    What's special

    Spacious riverfront condo livingAmple storageGated and secure garageFunctional layout
    Spacious riverfront condo living with over 2,200 Sq Ft of living space! Opportunities like this don't come often! With over 2,200 square feet, this 3 bedroom condo delivers the space of a single-family home with the ease of low maintenance living, all just steps from the Truckee River. Inside, the home is clean and well cared for, providing a blank canvas for buyers to personalize and make their own. Generous living areas, ample storage, and a functional layout make it ideal for both full-time living and a lock-and-leave lifestyle. And to top it all off, all the furnishings with few minor exceptions come with the home, making it an absolute turnkey purchase. The HOA covers key expenses including all the unit's natural gas usage, air conditioning electric power, common area maintenance, landscaping, and more, helping simplify monthly ownership. You also have a private storage space locker in the garage, big enough for bicycles, ski equipment or whatever you need to store. There are also 2 assigned covered parking spaces in the gated and secure garage. Whether you're downsizing without giving up space or looking for a centrally located retreat near walking paths, dining, and outdoor recreation, this property offers exceptional value and potential.
    3 days
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    299
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    11
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    Zillow last checked:

    Listing updated:

    Listed by:

    Lance Higa S.201911 808-475-9997,

    LPT Realty, LLC

    Source: NNRMLS,MLS#: 260010372MLS Logo

      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, Single Pane Windows
      • 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 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: 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: $265/sqft
      • Tax assessed value: $196,710
      • Annual tax amount: $2,499
      • Date on market: 8/12/2026
      • Cumulative days on market: 176 days
      • Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        8/12/2026Listed for sale$595,000-4.8%$265/sqft
        Source: NNRMLS #260010372 Report a problem
        7/6/2026Listing removed$624,900$278/sqft
        Source: NNRMLS #260000516 Report a problem
        5/8/2026Price change$624,900-3.9%$278/sqft
        Source: NNRMLS #260000516 Report a problem
        1/15/2026Listed for sale$650,000+91.7%$289/sqft
        Source: NNRMLS #260000516 Report a problem
        6/19/2010Listing removed$339,000$151/sqft
        Source: Coldwell Banker Select Real Estate #90006569 Report a problem
        9/29/2009Price change$339,000-2.9%$151/sqft
        Source: Coldwell Banker Select Real Estate #90006569 Report a problem
        5/14/2009Listed for sale$349,000+118.1%$155/sqft
        Source: Coldwell Banker Select Real Estate #90006569 Report a problem
        5/19/1995Sold$160,000$71/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$2,499 +4%$68,849 +0.9%
        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

        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.
        See how much you could borrow to make a competitive offer.
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        Climate risks

        Neighborhood: Old Southwest

        Getting around

        93 / 100
        Walker's Paradise
        56 / 100
        Good Transit
        76 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating
        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.

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