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$425,000

  • For Sale
  • Active
  • Single Family
  • 4 Beds
  • 1 Full Bath
  • 1 Partial Bath
  • 1,144 Sq. Ft.
  • 1 Car Garage
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Veteran Buyers! This home has a $400,500 VA loan 5.3% 30 yr that can be assumed by a Veteran with VA Eligibility. So with a down payment of around under 6% you can have an amazing VA mortgage rate! Big space, great upgrades, and no HOA! This 4-bedroom, 1.5-bath home in Lemmon Valley offers 1,144 sq. ft. of comfortable living on a generous 0.23-acre lot. The sewer line has been recently replaced! Enjoy remodeled bathrooms, an updated kitchen with granite countertops and stainless steel appliances, plus a great room designed for easy everyday living. Step outside to a wraparound Trex deck, landscaped yard, and mountain views. RV parking and no HOA give you added freedom and flexibility. With a 1-car garage and convenient access to schools, parks, shopping, and North Reno amenities, this home packs plenty of value inside and out!

Full Property Details for 225 Palace Dr

General

  • Price: $425,000
  • Taxes: $808
  • Status: Active
  • Type: Single Family
  • Source: 2502
  • MLS ID: 260011524
  • Updated: 9/24/2026
  • Added to Site: 48 day(s) ago

Interior

  • Interior Features: Ceiling Fan(s), Primary Downstairs
  • Appliances: Dishwasher, Microwave, Refrigerator
  • Flooring: Carpet, Ceramic Tile, Wood

Rooms

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 1
  • Half Bathrooms: 1

Bedrooms

  • Total Bedrooms: 4

Other Rooms

  • Laundry: In Garage

Additional Information

  • Security/Safety: Smoke Detector(s)

Exterior

  • Exterior Features: Rain Gutters
  • Porch/Patio/Deck: Uncovered, Covered, Deck

Parking

  • Garage: Yes
  • Attached garage: Yes
  • Garage Spaces: 1
  • Total Spaces: 1
  • Parking Features: Attached, Garage, Garage Door Opener, RV Access/Parking

Location

  • County: Washoe
  • Subdivision: Lemmon Valley Estates 4

School Information

  • Elementary School: Lemmon Valley
  • Middle School: OBrien
  • High School: North Valleys

Heating & Cooling

  • Air Conditioning: Yes
  • Cooling Type: Evaporative Cooling
  • Heating Type: Forced Air, Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed

Structural Information

  • Property Detached: Yes
  • Roof: Composition, Pitched
  • Common Walls: No Common Walls
  • Windows: Double Pane Windows, Low-Emissivity Windows
  • Stories/Levels: 1
  • Building Size: 1144
  • Square Feet: 1,144
  • Living Area: 1,144 Sq. Ft.
  • Year Built: 1971

Additional Structures

  • Other Structures: None

Lot Features

  • Property View: Mountain(s)
  • Mountain views: Yes
  • Lot Size (Acres): 0.23
  • Lot Size (Sq. Ft.): 9,845
  • Frontage: Other
  • Road Maintenance: Public Maintained Road
  • Lot Features: Landscaped, Level, Sloped Up
  • Zoning: MDS
  • Fencing (Description): Back Yard, Front Yard, Full

Financial Considerations

  • Price Per Sq. Ft.: $371.5
  • Tax Amount: $808.39
  • Terms: Cash, Conventional, FHA, VA Loan

Disclosures and Reports

  • Special Conditions: Standard
  • APN: 080-614-05

Listed by Elevate Realty, Paul Dunham (775) 303-8656

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Listing agent

— 225 Palace Dr —

  • Paul Dunham

    Elevate Realty

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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 225 Palace Dr

School District:Washoe County School District
NameGradesDistance
Lemmon Valley Elementary School
255 West Patrician Drive, Reno, NV 89506
K-50.4 mi
William O'brien Middle School
5000 Silver Lake Road, Reno, NV 89506
6-82.9 mi
North Valleys High School
1470 East Golden Valley Road, Reno, NV 89506
9-122.7 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 225 Palace Dr Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/04/2026
Listed
$425,000
7.59%
MLS
5/13/2025
Sold
$395,000
—
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 225 Palace Dr

Year
Property Taxes
Change
Tax Assessment
Change
2026
$4
-100%
$49,933
1%
2025
$808
3%
$49,231
12%
2024
$785
3%
$44,145
5%
2023
$764
2%
$42,123
18%
2022
$746
9%
$35,753
25%
2021
$687
—
$28,585
-5%
2021
$687
12%
$30,139
3%
2019
$614
4%
$29,194
21%
2018
$592
3600%
$24,137
1%
2017
$16
7%
$23,949
7%
2016
$15
—
$22,306
—
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 225 Palace 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 Elevate Realty, Paul Dunham (775) 303-8656

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225 Palace Drive, Reno, NV 89506 (MLS# 260011524) is a Single Family property with 4 bedrooms, 1 full bathroom and 1 partial bathroom. 225 Palace Drive is currently listed for $425,000 and was received on September 04, 2026. Want to learn more about 225 Palace 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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