Views, views, views! This 3 bed, 2 bath upgraded penthouse is located in the heart of Downtown Reno. Situated along the Truckee River, oversized picture windows and glass doors bring the beauty of the Sierras to every room! Imagine enjoying your mornings gazing at the river or Mt. Rose from your oversized glass-enclosed deck, or watching the sunset in the evenings dip behind the Sierras. The flexible floor plan offers 3 bedrooms, great room, additional sitting room, as well as a Master Bedroom retreat,, ideal for a home office or workout area. Upgrades include beautiful ceramic tile flooring, hardwood in the bedrooms, a retractable awning on the deck, stainless steel appliances, granite counters, and multiple thermostats for efficient temperature control. Park Tower is the only building downtown without restrictions on short-term rentals! Water, sewer, trash included in monthly CIC fee as well as Building security, elevator, exterior maintenance, insurance, and Heat/AC system. This one-of-a kind property is located in the best location across from the Riverwalk and Wingfield Park-host of some of Reno's favorite events such as the Reno River Fest and Artown! Have front row seats to the Great Reno Balloon Races and 4th of July fireworks! Downtown Revitalization projects are under way so don't wait on securing your own luxury condo! 35 mins to Tahoe, 25 min to USA Parkway, and 12 min from Reno-Tahoe International Airport.
Closed
$840,000
280 Island Ave APT 1501, Reno, NV 89501
3beds
2,224sqft
Condominium
Built in 1961
-- sqft lot
$827,600 Zestimate®
$378/sqft
$2,799 Estimated rent
Home value
$827,600
$745,000 - $919,000
$2,799/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: May 13, 2025 at 11:29pm
Listed by:
Jessica Johnson S.192085 949-505-1941,
Sierra Sotheby's Intl. Realty
Bought with:
James Reynolds, S.181269
Redfin
Source: NNRMLS,MLS#: 230001029
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Hot Water, Wall Furnace
Cooling
- Central Air, Refrigerated
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, ENERGY STAR Qualified Appliances, Microwave, Oven, Refrigerator, Washer
- Laundry: Cabinets, In Bathroom, Laundry Area
Features
- Elevator, Kitchen Island, Pantry, Master Downstairs, Smart Thermostat, Walk-In Closet(s)
- Flooring: Ceramic Tile, Travertine, Wood
- Windows: Blinds, Double Pane Windows, Low Emissivity Windows
- Has fireplace: No
Interior area
- Total structure area: 2,224
- Total interior livable area: 2,224 sqft
Property
Parking
- Parking features: Assigned, Garage, Under Building
Features
- Stories: 1
- Patio & porch: Deck
- Exterior features: None
- Fencing: Partial
- Has view: Yes
- View description: City, Mountain(s), Park/Greenbelt, Ski Resort, Trees/Woods
Lot
- Size: 2,178 sqft
- Features: Level
Details
- Parcel number: 01147527
- Zoning: MDRD
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Stucco
- Foundation: Brick/Mortar
- Roof: Flat
Condition
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Sewer Available, Water Available
Community & neighborhood
Security
- Security features: Fire Sprinkler System, Keyless Entry, Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Park Towers
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $1,339 monthly
- Amenities included: Gated, Maintenance Grounds, Maintenance Structure, Security, Clubhouse/Recreation Room
- Services included: Insurance, Utilities
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 5/1/2023 | Sold | $840,000-6.4%$378/sqft |
Source:  NNRMLS #230001029 Report a problem | ||
| 4/5/2023 | Pending sale | $897,500$404/sqft |
Source: NNRMLS #230001029 Report a problem | ||
| 2/8/2023 | Listed for sale | $897,500-10.2%$404/sqft |
Source: NNRMLS #230001029 Report a problem | ||
| 1/16/2023 | Listing removed | -- |
Source: NNRMLS #220010616 Report a problem | ||
| 7/15/2022 | Listed for sale | $999,000+92.9%$449/sqft |
Source: NNRMLS #220010616 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $3,831 +6.7% | $133,757 +0.6% |
| 2024 | $3,589 +8.5% | $132,957 +5.2% |
| 2023 | $3,309 +10.8% | $126,428 +11.8% |
Find assessor info on the county website
Neighborhood: Riverwalk
Nearby schools
GreatSchools rating
- 8/10Mount Rose Elementary SchoolGrades: PK-8Distance: 0.6 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 0.8 mi
- 6/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 1.9 mi
Schools provided by the listing agent
- Elementary: Mt. Rose
- 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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Estimated market value
$827,600
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$827,600
- Nevada
- Washoe County
- Reno
- 89501
- Riverwalk
- 280 Island Ave Apartment 1501