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  • $4,500,000

    745 California Ave, Reno, NV 89509

    6beds
    7,722sqft
    : 
    Single Family Residence
    Built in 1939
    0.79 Acres Lot
    $4,096,200 Zestimate®
    $583/sqft
    $-- HOA

    What's special

    Bespoke architectural detailsMountain viewsFully finished walk-out basementHand-finished brickworkCentral air conditioningForced-air gas heatingBonus space
    Make Reno's history into your future at 745 California Avenue, a 7,722 sq ft, 6 bd/5.5 bath English Tudor Revival home. Known as the Payne House and designed in the late 1930s, it features a 20-foot circular entry hall connecting formal and cozy living areas. Its prime location offers stunning views of the Truckee River and downtown Reno through expansive windows, a terraced yard, and a gazebo. With its rich history, detailed restoration, and modern amenities, this house is ready for its next era and owner. Discover a distinctive property that blends architecture and history on Reno's iconic bluff overlooking the Truckee River at 745 California Avenue. This 7,722 sq ft English Tudor Revival estate was designed in the late 1930s by famed Nevada architect Edward Parsons, who called it "rather a thrill." The home makes a lasting impression with decorative brickwork, half-timbering, steeply pitched symmetrical gables, leaded glass windows, and massive chimneys. Its form is most striking from above, where terraced gardens and mature trees blend seamlessly into the home's architecture, offering privacy, beauty, and a deep sense of permanence. More than 50 years after its construction, the Payne House's current owner undertook a thoughtful restoration. Key original features—hardwood flooring, hand-finished brickwork, and bespoke architectural details—were preserved. Modern upgrades include central air conditioning, forced-air gas heating, updated plumbing and electrical systems, and security. A restored vintage elevator provides convenient access across all levels of the home. The home includes 6 bedrooms and 5.5 bathrooms. The primary suite features a vintage fireplace, mountain views, dual vanities, a jetted soaking tub, a walk-in shower, and a spacious closet. The kitchen pairs classic charm with modern function, with built-in appliances and a garden-view breakfast nook. The formal dining room features oversized windows that frame panoramic views of the Truckee River and Sierra foothills. A painted ceiling mural floats above the living and game room. Wood-burning and freestanding fireplaces add warmth and character throughout the home. Additional rooms include a library, office, bonus space, and a fully finished walk-out basement with its own recreation area and workshop. The finished basement opens to the yard and adds flexible space for hobbies, guests, or extra living. The 0.79-acre lot includes a custom stone wall along California Avenue, a private driveway, a detached two-car garage, and a playhouse designed to echo the main residence. A tranquil pond anchors the front yard, while the terraced backyard unfolds to a deck, patio, and a gazebo perched above the river—perfect for gatherings, balloon watching, or quiet river moments. Located about a mile from downtown Reno, the home offers convenient access to parks, schools, and cultural venues. The Newlands Historic District is known for its concentration of other historic homes, tree-lined streets, and a landscape shaped by the City Beautiful movement. The Payne House offers more than architectural beauty—it holds a story. From its distinguished origins to its careful restoration, this home reflects vision, character, and legacy. It's ready for its next era—and for someone who values history, design, and the timeless experience of living in a truly remarkable place.
    71 days
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    Zillow last checked: 7 hours ago

    Listing updated: June 02, 2025 at 12:44pm

    Listed by:

    Joseph Wieczorek S.169283 775-335-5962,

    Dickson Realty - Downtown

    Source: NNRMLS,MLS#: 250050671MLS Logo
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    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 6
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Forced Air
    Cooling
    • Attic Fan, Central Air, Electric
    Appliances
    • Included: Additional Refrigerator(s), Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Microwave, Oven, Refrigerator, Self Cleaning Oven, Washer
    • Laundry: Cabinets, Laundry Room, Washer Hookup
    Features
    • Elevator, High Ceilings
    • Flooring: Carpet, Ceramic Tile, Tile, Wood
    • Windows: Double Pane Windows, Drapes, Skylight(s), Wood Frames
    • Has basement: No
    • Number of fireplaces: 6
    • Fireplace features: Gas Log, Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 7,722
    • Total interior livable area: 7,722 sqft

    Property

    Parking
    • Total spaces: 210
    • Parking features: Additional Parking, Attached, Garage, Garage Door Opener
    • Attached garage spaces: 2
    Features
    • Levels: Two
    • Stories: 2
    • Patio & porch: Patio, Deck
    • Exterior features: Built-in Barbecue, Rain Gutters
    • Pool features: None
    • Spa features: None
    • Fencing: Full
    • Has view: Yes
    • View description: City, Mountain(s), Park/Greenbelt
    • Body of water: Truckee River
    Lot
    • Size: 0.79 Acres
    • Features: Landscaped, Level, Sloped Down, Sprinklers In Front, Sprinklers In Rear
    Details
    • Additional structures: Gazebo, Workshop
    • Parcel number: 01113402
    • Zoning: SF5
    • Other equipment: Satellite Dish

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Brick Veneer, Steel Frame, Stone, Stone Veneer, Stucco, Wood Siding
    • Foundation: Slab
    • Roof: Composition,Pitched,Shake,Shingle,Wood
    Condition
    • New construction: No
    • Year built: 1939

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public, Other
    • Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed

    Community & HOA

    Community
    • Security: Security Gate, Smoke Detector(s)
    • Subdivision: Newlands Heights
    HOA
    • Has HOA: No
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $583/sqft
    • Tax assessed value: $945,717
    • Annual tax amount: $9,384
    • Date on market: 5/30/2025
    • Listing terms: 1031 Exchange,Cash,Conventional,FHA
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