Date
Details
Price
Change
Source
1/15/2026
Listed
$650,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/29
$650,000 Just Listed
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1/29
Property Description
Wake up to the soothing sights and sounds of the Truckee River from this beautifully positioned residence at 508 Island Avenue. Large windows invite natural light and showcase the ever-changing river scenery, blending indoor comfort with the outdoors. Ideally located in the heart of downtown Reno, this home offers the rare combination of natural beauty and urban convenience steps from the Riverwalk District, dining, arts, and outdoor recreation. Enjoy morning beverage watching the river flow by and evenings immersed in the vibrant energy of the city, all from a front-row seat to one of Reno's most iconic settings - an exceptional opportunity to live where nature and downtown Reno meet. Review of offers will begin on 1/23/26.
Full Property Details
Full Property Details for 508 Island Ave
General
- Price: $650,000
- HOA FEE: $754/month
- Taxes: $2,499
- Status: Active
- Type: Condo
- Source: 2502
- MLS ID: 260000516
- Updated: Today (1/15/2026)
- Added to Site: Today
Interior
- Interior Features: Entrance Foyer, No Interior Steps, Primary Downstairs
- Fireplace: Yes
- Number of Fireplaces: 1
- Fireplace(s): Gas
- Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Oven, Electric Range, Microwave, Oven, Refrigerator, Trash Compactor, Washer
- Flooring: Carpet, Tile, Vinyl
Rooms
Bathrooms
- Total Bathrooms: 2
- Full Bathrooms: 2
Bedrooms
- Total Bedrooms: 3
Other Rooms
- Laundry: In Hall, Laundry Closet, Washer Hookup
Additional Information
- Shared Amenities: Elevator(s), Gated, Landscaping, Management, Storage
- Security/Safety: Carbon Monoxide Detector(s), Security Fence, Security Gate, Smoke Detector(s)
Exterior
- Exterior Features: Balcony
- Porch/Patio/Deck: Covered, Patio
Parking
- Garage: Yes
- Garage Spaces: 2
- Total Spaces: 2
- Parking Features: Garage, Garage Door Opener, Under Building
Location
- County: Washoe
- Subdivision: Wingfield Park
- Driving Directions: S. Arlington to Island Ave. Unit is just East of Barbara Bennett Park
School Information
- Elementary School: Hunter Lake
- Middle School: Swope
- High School: Reno
Community
- Association: Yes
- Assoc. Name: Wingfield Park Condominium Association
- Assoc. Fees Include: Cooling, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
Heating & Cooling
- Central air: Yes
- Air Conditioning: Yes
- Cooling Type: Central Air
- Heating Type: Forced Air, Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities
Structural Information
- Property Detached: Yes
- Exterior Const.: Insulation - Batts, Concrete, Glass, Stucco
- Roof: Flat, Tile
- Common Walls: 2+ Common Walls
- Windows: Blinds, Drapes, Metal Frames
- Stories/Levels: 1
- Building Size: 2246
- Square Feet: 2,246
- Living Area: 2,246 Sq. Ft.
- Year Built: 1975
Additional Structures
- Other Structures: Storage
Lot Features
- Property View: City, Mountain(s), Park/Greenbelt
- Mountain views: Yes
- Lot Size (Acres): 0.01
- Lot Size (Sq. Ft.): 436
- Frontage: City Street, Public
- Road Maintenance: Public Maintained Road
- Lot Features: Corner Lot, Gentle Sloping, Landscaped, Sprinklers In Front
- Zoning: MF30
- Fencing (Description): Full
Water Features
- Water Front: Yes
- Water Front Name: Truckee River
- Water Front Desc.: Fishing, Fixed Bridges
Financial Considerations
- Price Per Sq. Ft.: $289.4
- Association Fee: Yes
- Association Fee: $754
- Assoc Fee Freq.: Monthly
- Tax Amount: $2,499.03
- Terms: 1031 Exchange, Cash, Conventional, FHA, VA Loan
Disclosures and Reports
- Special Conditions: Standard
- APN: 011-390-08
Listed by LPT Realty, LLC, Lance Higa (808) 475-9997
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Listing agent
— 508 Island Ave —
Lance Higa
LPT Realty, LLC
NMLS#: 1598647
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Schools
Schools serving 508 Island Ave
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Jessie Beck Elementary School 1900 Sharon Way, Reno, NV 89509 | K-5 | 1.3 mi |
Darrell C Swope Middle School 901 Keele Drive, Reno, NV 89509 | 6-8 | 1.8 mi |
Reno High School 395 Booth Street, Reno, NV 89509 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 508 Island Ave
Tax History
Tax History for 508 Island Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,499
4%
$68,228
-3%
2024
$2,404
8%
$70,441
7%
2023
$2,227
8%
$65,776
6%
2022
$2,061
9%
$61,985
14%
2021
$1,891
—
$54,598
-1%
2021
$1,891
12%
$55,095
2%
2019
$1,692
5%
$54,126
7%
2018
$1,615
4%
$50,424
-1%
2017
$1,550
3%
$50,841
5%
2016
$1,511
—
$48,608
11%
2015
$1,508
3%
$43,783
1%
2014
$1,461
—
$43,547
—
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
Estimate the Cost for 508 Island Ave
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508 Island Avenue, Reno, NV 89501 (MLS# 260000516) is a Condo property with 3 bedrooms and 2 full bathrooms. 508 Island Avenue is currently listed for $650,000 and was received on January 15, 2026. Want to learn more about 508 Island Avenue? Do you have questions about finding other Condo real estate for sale in Reno Heights? You can browse all Reno Heights real estate or contact a Coldwell Banker agent to request more information.