# 508 Island Avenue, Reno, NV 89501

> **TL;DR:** 3bd/2ba condo, $624,900 ($278/sqft), built 1975, 2,246 sqft.
> Fireplace, Waterfront, View, A/C. Est. $3,462/mo. Listed 137 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $624,900 |
| Price/sqft | $278 |
| Bedrooms | 3 |
| Bathrooms | 2 full |
| Square Feet | 2,246 |
| Year Built | 1975 |
| Lot Size | 436 sqft (0.01 acres) |
| Stories | 1 |
| Property Type | Condo (Condominium) |
| Status | For Sale |
| Days on Market | 137 |

## Why This Home Stands Out

- **Waterfront** - Direct water access
- **Views** - Park, City

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,708 |
| HOA | $754 |
| **Total** | **$3,462** |

## Nearby Schools

- **Elementary:** Hunter Lake
- **Middle:** Swope
- **High:** Reno

## Key Amenities

- Fireplace
- Waterfront
- View
- A/C

## Property Highlights

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

## Description

### 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.

## Location

- **Address:** 508 Island Avenue, Reno, NV 89501
- **County:** Washoe
- **Neighborhood:** Wingfield Park
- **Coordinates:** 39.52301, -119.818818
- **Google Maps:** https://www.google.com/maps?q=39.52301,-119.818818

## Virtual Tour & Media

- **Video Tour:** https://my.matterport.com/show/?m=Nty8s8XkofY&brand=0

## Listing Agent

- **Name:** Lance Higa
- **Brokerage:** LPT Realty, LLC
- **Phone:** 8084759997
- **Email:** lancehiga@reno775.com

## Primary Photo

![508 Island Avenue - Primary Photo](http://lh.rdcpix.com/2255d1fe6efddadc9540a04b990f9a90l-f1237895883r.jpg)

*30 total photos available on [listing page](https://www.propertysimple.com/listing/508-island-avenue-reno-nv-89501-60000516)*

---

**MLS#:** 260000516 | **Updated:** 2026-06-18
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/508-island-avenue-reno-nv-89501-60000516)

---

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