Tim Koskinen - Reno Real Estate Agent - 775-303- 2614

MLS: 260000516     $624,900
3 Bedrooms with 2 Baths

MLS: 260000516 Condo For Sale
508 ISLAND AVENUE
RENO NV 89501

MLS:  260000516
Status:  ACTIVE
List Price:  $624,900
Price per SQFT:  $278
Square Footage:  2246

3 Bedrooms
2 Baths
Year Built:  1975
Zip Code:  89501

 

Listing Remarks

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.

Address: 508 ISLAND AVENUE RENO NV 89501

MLS Logo  Listing Courtesy of LPT REALTY, LLC

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Condo Mania Agent

Featured Real Estate Agent Tim Koskinen

Tim Koskinen

Reno-Tahoe Realty Group
Broker Associate #BS.0144954
Phone: 775-303-2614

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Listing Photos

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Listing Details

STATUS:Active
PROPERTY TYPE:Residential
PROPERTY SUB TYPE:Condominium
SPECIAL LISTING CONDITIONS:None
LISTING CONTRACT DATE:2026-01-15
ON MARKET DATE:2026-01-15
BEDROOMS:3
BATHROOMS:2
LIVING AREA SQ FT:2246
LIVING AREA SOURCE:Assessor
BUILDING AREA TOTAL:2246
YEAR BUILT:1975
TAXES:$2,499
HOA/MGMT CO:Wingfield Park Condominium Association
HOA FEES FREQUENCY:Monthly
HOA FEES:$754
HOA INCLUDES:Gas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water, Cooling
HOA AMENITIES:Elevator(s), Gated, Landscaping, Management, Storage
APPLIANCES INCLUDED:Dryer, Disposal, Dishwasher, Electric Oven, Electric Range, Microwave, Refrigerator, Trash Compactor, Washer, Oven, Electric Cooktop
CONSTRUCTION:Batts Insulation, Concrete, Glass, Stucco
EXTERIOR FEATURES:Balcony
FIREPLACE:Gas
FLOORING:Carpet, Tile, Vinyl
HEATING:Forced Air, Natural Gas
COOLING:Central Air
INTERIOR FEATURES:No Interior Steps, Primary Downstairs, Entrance Foyer
LAUNDRY FEATURES:In Hall, Washer Hookup, Laundry Closet, Electric Dryer Hookup
LOT FEATURES:Corner Lot, Gentle Sloping, Landscaped, Sprinklers In Front
# GARAGE SPACES:2
PARKING FEATURES:Garage, Garage Door Opener, Under Building, Garage Door Opener Controls
COMMON WALLS:2+ Common Walls
ROOF:Flat, Tile
VIEW:City, Mountain(s), Park/Greenbelt
LISTING AGENT:LANCE HIGA
LISTING OFFICE:LPT REALTY, LLC
LISTING CONTACT:808-475-9997

Estimated Monthly Payments

List Price:$624,900
20% Down Payment:$124,980
Loan Amount:$499,920
Loan Type:30 Year Fixed
Interest Rate:6.5 %
Monthly Payment:$3,160

Estimate does not include taxes, fees, insurance.

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Property Location: 508 ISLAND AVENUE RENO NV 89501


Blue Marker: This Listing               Red Marker: Active Listings Nearby

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Condo Mania Agent

Featured Real Estate Agent Emily Weyrick

Emily Weyrick

Reno-Tahoe Realty Group
#BS.144645

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The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by brokerage firms other than Reno/Tahoe Realty Group are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

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Last Updated: 2026-06-20