Assumable loan opportunity on this almost brand-new home located in the desirable Lemmon Valley area of Reno. Enjoy wide open space, beautiful mountain views, and quick access to shopping, schools, parks, and easy freeway routes to downtown Reno and outdoor adventures. This 3-bedroom, 2.5-bath home offers 1,557 sq ft of modern living on a rare oversized lot with a 2-car garage—perfect for vehicles, toys, or extra storage. Washer and dryer stay, making move-in easy. An ADT security system is included for added peace of mind. The home still feels fresh and new, inside and out, with room to grow and enjoy the Nevada lifestyle. Cameras and audio recording devices are present on the property.
Closed
$447,500
7701 Wandering Way, Reno, NV 89506
3beds
1,557sqft
Single Family Residence
Built in 2024
3,049.2 Square Feet Lot
$449,700 Zestimate®
$287/sqft
$2,402 Estimated rent
Home value
$449,700
$427,000 - $472,000
$2,402/mo
Zestimate® history
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$2,517/mo
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Zillow last checked: 7 hours ago
Listing updated: March 13, 2026 at 04:59pm
Listed by:
Jennifer Anderson S.181609 775-450-6099,
Elevate Realty
Bought with:
Matteya Raffelson, S.194072
Fathom Realty
Source: NNRMLS,MLS#: 250059276
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 2
- 1/2 bathrooms: 1
Heating
- Forced Air, Natural Gas
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Gas Cooktop, Gas Range, Microwave, Oven
- Laundry: Laundry Room, Shelves
Features
- Entrance Foyer, Loft, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Vinyl
- Windows: Blinds, Double Pane Windows, Vinyl Frames
- Has fireplace: No
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 1,557
- Total interior livable area: 1,557 sqft
Property
Parking
- Total spaces: 4
- Parking features: Attached, Garage, Garage Door Opener
- Attached garage spaces: 2
Features
- Levels: Two
- Stories: 2
- Exterior features: None
- Fencing: Back Yard
Lot
- Size: 3,049 sqft
- Features: Common Area, Level
Details
- Additional structures: None
- Parcel number: 55068417
- Zoning: Sf5
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Composition,Pitched
Condition
- New construction: No
- Year built: 2024
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Keyless Entry, Security System Owned, Smoke Detector(s)
Location
- Region: Reno
- Subdivision: Arroyo Crossing Phase 1
HOA & financial
HOA
- Has HOA: Yes
- HOA fee: $67 monthly
- Amenities included: None
- Association name: The Management Trust
Other
Other facts
- Listing terms: 1031 Exchange,Cash,Conventional,FHA,VA Loan
Price history
| Date | Event | Price |
|---|---|---|
| 3/13/2026 | Sold | $447,500-0.6%$287/sqft |
Source:  NNRMLS #250059276 Report a problem | ||
| 2/19/2026 | Contingent | $449,999$289/sqft |
Source: NNRMLS #250059276 Report a problem | ||
| 12/22/2025 | Listed for sale | $449,999+5.1%$289/sqft |
Source: NNRMLS #250059276 Report a problem | ||
| 3/19/2024 | Sold | $427,990$275/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $4,278 +693.6% | $116,105 +691% |
| 2024 | $539 | $14,679 |
Find assessor info on the county website
Neighborhood: Stead
Nearby schools
GreatSchools rating
- 6/10Lemmon Valley Elementary SchoolGrades: PK-5Distance: 1.3 mi
- 3/10William O'brien Middle SchoolGrades: 6-8Distance: 1.3 mi
- 2/10North Valleys High SchoolGrades: 9-12Distance: 2.8 mi
Schools provided by the listing agent
- Elementary: Lemmon Valley
- Middle: OBrien
- High: North Valleys
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
$449,700
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
$449,700
- Nevada
- Washoe County
- Reno
- 89506
- Stead
- 7701 Wandering Way