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$624,900

  • For Sale
  • Active
  • Condo
  • 3 Beds
  • 2 Full Baths
  • 2,246 Sq. Ft.
  • 2 Car Garage
  • Updated 3 days ago
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Spacious Riverfront Condo Living with Over 2,200 Sq Ft of living space! Opportunities like this don't come often-offering over 2,200 square feet, this 3-bedroom condo delivers the space of a single-family home with the ease of low-maintenance living, all just steps from the Truckee River. Inside, the home is clean and well cared for, providing a blank canvas for buyers to personalize and make their own. Generous living areas, ample storage, and a functional layout make it ideal for both full-time living and a lock-and-leave lifestyle. And to top it all off, all the furnishings with few minor exceptions come with the home, making it an absolute turnkey purchase. Additionally, the Carrier furnace and air conditioning units were replaced in 2021 and are still covered by warranty. The HOA covers key expenses including all the unit's natural gas usage, air conditioning electric power, common area maintenance, landscaping, and more, helping simplify monthly ownership. You also have a private storage space locker in the garage, big enough for bicycles, ski equipment or whatever you need to store. There are also 2 assigned covered parking spaces in the gated and secure garage. Whether you're downsizing without giving up space or looking for a centrally located retreat near walking paths, dining, and outdoor recreation, this property offers exceptional value and potential.

Full Property Details for 508 Island Ave

General

  • Price: $624,900
  • HOA FEE: $754/month
  • Taxes: $2,499
  • Status: Active
  • Type: Condo
  • Source: 2502
  • MLS ID: 260000516
  • Updated: 5/8/2026
  • Added to Site: 139 day(s) ago

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.: $278.23
  • 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

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NMLS#: 1598647

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NMLS#: 1598647

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

Schools serving 508 Island Ave

School District:Washoe County School District
NameGradesDistance
Jessie Beck Elementary School
1900 Sharon Way, Reno, NV 89509
K-51.3 mi
Darrell C Swope Middle School
901 Keele Drive, Reno, NV 89509
6-81.8 mi
Reno High School
395 Booth Street, Reno, NV 89509
9-120.6 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 508 Island Ave Get Price Alerts and Save Property

Date
Details
Price
Change
Source
5/08/2026
Price Reduced
$624,900
-3.86%
MLS
1/15/2026
Listed
$650,000
—
MLS
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 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
—
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.

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Listed by LPT Realty, LLC, Lance Higa (808) 475-9997

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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 $624,900 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? You can browse all Reno real estate or contact a Coldwell Banker agent to request more information.

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