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$475,000 Just Listed

  • For Sale
  • Active
  • Single Family
  • 2 Beds
  • 1 Full Bath
  • 888 Sq. Ft.
  • 1 Car Garage
  • Updated 17 hours ago

Next open house:

Open House: 10:00 AM - 12:30 PM

Sunday 5/31 10:00 AM - 12:30 PM

1050 Novelly Drive,Reno, NV 89503

1050 Novelly DriveRenoNV89503

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Open house 5/31/26 10am-12:30pm!! Fantastic opportunity just minutes from the University of Nevada, Reno! This charming and fully furnished home has been successfully utilized as a rental for the past 3 years, making it an ideal option for investors, student housing, traveling professionals, or buyers seeking a turnkey short-term rental opportunity. Situated in one of Reno's most desirable central locations, this property offers convenient access to UNR, downtown Reno, restaurants, shopping, and freeway access. Inside, you'll find a well-maintained home featuring original wood flooring, an adorable kitchen, abundant natural light, and timeless character throughout. The spacious lot is surrounded by mature trees and landscaping, creating a private and inviting outdoor setting perfect for relaxing or entertaining. Major recent upgrades include a brand new roof, new windows throughout, newly added A/C and mini split systems for year-round comfort, and a new sewer line, providing peace of mind for future owners. Whether you're looking to expand your investment portfolio or secure a move-in ready home in a prime location, this property checks all the boxes. Most furnishings are negotiable, offering a rare opportunity to purchase a truly turnkey home. Don't miss your chance to own a proven income-producing property near the university in the heart of Reno!

Full Property Details for 1050 Novelly Dr

General

  • Price: $475,000
  • Taxes: $826
  • Status: Active
  • Type: Single Family
  • Source: 2502
  • MLS ID: 260006868
  • Updated: 5/30/2026
  • Added to Site: 2 day(s) ago

Interior

  • Interior Features: Smart Thermostat
  • Appliances: Dryer, Electric Cooktop, Electric Oven, Electric Range, Washer
  • Flooring: Ceramic Tile, Porcelain, Wood

Rooms

Bathrooms

  • Total Bathrooms: 1
  • Full Bathrooms: 1

Bedrooms

  • Total Bedrooms: 2

Other Rooms

  • Laundry: In Garage

Additional Information

  • Security/Safety: Keyless Entry, Smoke Detector(s)

Exterior

  • Exterior Features: None
  • Porch/Patio/Deck: None, Patio, Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Attached, Garage

Location

  • County: Washoe
  • Subdivision: Cleaview Heights

School Information

  • Elementary School: Elmcrest
  • Middle School: Clayton
  • High School: Reno

Heating & Cooling

  • Central air: Yes
  • Air Conditioning: Yes
  • Cooling Type: Central Air
  • Heating Type: Electric

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Available, Internet Available, Sewer Available, Water Available, Cellular Coverage, Water Meter Installed

Structural Information

  • Property Detached: Yes
  • Roof: Composition, Shingle
  • Common Walls: No Common Walls
  • Windows: Blinds, Double Pane Windows, Drapes, ENERGY STAR Qualified Windows, Low-Emissivity Windows, Rods, Vinyl Frames
  • Stories/Levels: 1
  • Building Size: 888
  • Square Feet: 888
  • Living Area: 888 Sq. Ft.
  • Year Built: 1947

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 0.15
  • Lot Size (Sq. Ft.): 6,534
  • Frontage: Other
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Zoning: SF8
  • Fencing (Description): Back Yard

Financial Considerations

  • Price Per Sq. Ft.: $534.91
  • Tax Amount: $826.88
  • Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 006-074-28

Listed by Realty One Group Eminence, Kautz Zinda Real Estate Group (775) 527-5799 and Realty One Group Eminence, Joshua Kautz (775) 287-5876

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Listing agents

— 1050 Novelly Dr —

  • Kautz Zinda Real Estate Group

    Realty One Group Eminence

  • Joshua Kautz

    Realty One Group Eminence

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NMLS#: 1598647

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Save up to an additional 20% by bundling your home and auto together!

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Find the right home insurance for your new home!

with our affiliated in-house agency

Request a Quote

Save up to an additional 20% by bundling your home and auto together!

Schools serving 1050 Novelly Dr

School District:Washoe County School District
NameGradesDistance
Elmcrest Elementary School
855 Mc Donald Drive, Reno, NV 89503
K-50.4 mi
Archie Clayton Middle School
1295 Wyoming Avenue, Reno, NV 89503
6-80.7 mi
Reno High School
395 Booth Street, Reno, NV 89509
9-121.2 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1050 Novelly Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/29/2026
Listed
$475,000
19.05%
MLS
9/29/2023
Sold
$399,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1050 Novelly Dr

Year
Property Taxes
Change
Tax Assessment
Change
2025
$827
8%
$52,871
5%
2024
$767
8%
$50,371
-1%
2023
$712
-2%
$51,120
24%
2022
$725
8%
$41,211
34%
2021
$672
—
$30,699
5%
2021
$672
12%
$29,264
1%
2019
$602
5%
$29,086
27%
2018
$574
4%
$22,880
8%
2017
$552
3%
$21,190
8%
2016
$537
—
$19,630
11%
2015
$535
3%
$17,750
9%
2014
$518
—
$16,240
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 1050 Novelly Dr

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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NMLS#: 1598647

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Listed by Realty One Group Eminence, Kautz Zinda Real Estate Group (775) 527-5799 and Realty One Group Eminence, Joshua Kautz (775) 287-5876

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1050 Novelly Drive, Reno, NV 89503 (MLS# 260006868) is a Single Family property with 2 bedrooms and 1 full bathroom. 1050 Novelly Drive is currently listed for $475,000 and was received on May 29, 2026. Want to learn more about 1050 Novelly Drive? Do you have questions about finding other Single Family real estate for sale in Reno? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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