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About This Home

This 3-bedroom, 2-bathroom condo at 508 Island Avenue in Reno, NV is listed for $624,900 ($278 per sqft). Built in 1975, the home offers 2,246 sqft of living space on a 0.01 acres lot.

Agent Description

Spacious Riverfront Condo Living with Over 2,200 Sq Ft of living space! Opportunities like this don't come often-offering 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.

Additionally, the Carrier furnace and air conditioning units were replaced in 2021 and are still covered by warranty. 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.

Key Features

  • Built in 1975
  • 0.01 acre lot
  • 2 parking spaces
  • Fireplace
  • Waterfront

Property Details

1 story
2 full
2 spaces
1975

Amenities

FireplaceWaterfrontViewA/C

Monthly Cost Estimate

$4,096/mo

20% down · 6.5% · 30 years

Principal$452
Interest$2,708
Insurance$182
HOA$754

Estimates only. Actual payments may vary.

Location

508 Island Avenue

Reno, NV 89501

Wingfield Park

Features & Amenities

Interior Features

Entrance FoyerNo Interior StepsPrimary Downstairs

Exterior Features

Balcony

Property Details

Flooring

VinylTileCarpet

Construction

Insulation - Batts Concrete Glass Stucco

Views

ParkCity

Pool Features

Patio

Parking

OpenGarage

Heating

Natural GasForced Air

Cooling

Central Air

Appliances

DishwasherDisposalDryerElectric CooktopElectric OvenElectric RangeMicrowaveOvenRefrigeratorTrash CompactorWasher

Questions & Answers

This 3-bedroom, 2-bathroom condo at 508 Island Avenue is listed at $624,900 ($278/sqft). The estimated monthly payment is $3,462 based on 20% down at 6.5% interest.

HOA fees are $754/month.

Key features include: Built in 1975, 0.01 acre lot, 2 parking spaces, Fireplace, Waterfront. Interior Features: Entrance Foyer, No Interior Steps, Primary Downstairs. Exterior Features: Balcony.

This property is listed by Lance Higa and can be reached at 8084759997 or lancehiga@reno775.com.

LH

Lance Higa

Agent at LPT Realty, LLC

(808) 475-9997

Listed by LPT Realty, LLC · View on Broker Site

MLS# 260000516· Source: listhub· Updated 137 days ago

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

508 Island Avenue, Reno, NV 89501

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