Sold
Last Sold Price
2 beds1,544 sqft$405/sqft
280 Island Ave, Unit 1601, Reno, NV 89501
CondoProperty Type
1961Year Built
$405/sq ftPrice per sq ft
$14,452/yrHOA Fees

Description

Welcome to Park Towers, and this exquisite 16th floor luxury condo nestled in the heart of downtown Reno. Situated along the Truckee River and directly across from Wingfield Park, this upscale, remodeled residence offers a truly exceptional living experience and the option to rent it out through AIRBNB! With two private balconies, it provides stunning panoramic sunsets & vistas that offer unparalleled perspective of the area's natural beauty & vibrant city life., Also provides you with a front row...Welcome to Park Towers, and this exquisite 16th floor luxury condo nestled in the heart of downtown Reno. Situated along the Truckee River and directly across from Wingfield Park, this upscale, remodeled residence offers a truly exceptional living experience and the option to rent it out through AIRBNB! With two private balconies, it provides stunning panoramic sunsets & vistas that offer unparalleled perspective of the area's natural beauty & vibrant city life., Also provides you with a front row seat to concerts in the park. The owner has successfully placed this luxury 2 bedroom, 2 full bathroom condo on a rental program with Airbnb, consistently earning excellent reviews. Whether you're looking for an investment property or a residence to call your own, this condo presents an opportunity to indulge in the best of both worlds. Walking distance to many restaurants and downtown events. HOA covers hot and cold water, sewer, trash, heating & cooling, exterior maintenance. No natural gas in building. Park Towers has a conference room, library and party deck for your use. Underground parking spaces not included. You can sign up on a waiting list, to obtain a space for a fee. To see Airbnb reviews go to: Park Tower: Downtown Reno Penthouse on the River. Condo sold fully furnished to easily continue the booked reservations. (Game table and chairs NOT included in the furnishings.)
  • Listed by: Trish Thiele 775.846.0906 trish@yourrenohome.com • Chase International-Damonte
Listing closed: 06/12/2024 12:00 AM • Source: NNRMLS, MLS#: 240003994

Recent comparable sales

Median sold price

$625,000

Avg days on market

96

Sale-to-list ratio

95.3%

Reno, NV

9 comparable properties found

$659,000 | 255 North Sierra Street, Unit 1818, Reno, NV 89501
1/41
1

$659,000

Sold 05/27/25

2
Bedrooms
1,516
Square Feet
Unavailable
Acres
a view of building with outdoor space
1/35
2

$690,000

Sold 02/12/25

2
Bedrooms
1,366
Square Feet
Unavailable
Acres
a living room with furniture and a large window
1/40
3

$665,000

Sold 04/02/26

2
Bedrooms
1,364
Square Feet
Unavailable
Acres
a living room with furniture and a large window
1/35
4

$625,000

Sold 11/15/24

2
Bedrooms
1,349
Square Feet
Unavailable
Acres
a view of water heater
1/22
5

$510,910

Sold 05/04/26

2
Bedrooms
1,414
Square Feet
Unavailable
Acres
a view of swimming pool with a yard
1/18
6

$780,000

Sold 06/02/25

2
Bedrooms
1,530
Square Feet
Unavailable
Acres
a living room with furniture and a large window
1/27
7

$522,500

Sold 11/13/24

2
Bedrooms
1,273
Square Feet
Unavailable
Acres
$450,000 | 1200 Riverside Drive, Unit 1233, Reno, NV 89503
1/18
8

$450,000

Sold 04/03/25

2
Bedrooms
1,624
Square Feet
Unavailable
Acres
$480,000 | 2855 Idlewild Drive, Unit 216, Reno, NV 89509
1/38
9

$480,000

Sold 06/30/26

2
Bedrooms
1,478
Square Feet
Unavailable
Acres

Location

Listing Courtesy of Chase International-Damonte, Trish Thiele, License #S.55752

Sold By Chase International-Damonte, Shauna Ganes, License #S.78638

Add your commute

Payment Calculator

$4,532 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,177

Property Taxes

$151

HOA Dues

$1,204

The Payment Calculator is for illustrative purposes only.

Know your buying power with a preapproval and custom rate in minutes

Rocket Mortgage1

Property Information for 280 Island Avenue, Unit 1601

Property Details
  • Taxes: $1,814 / year
  • MLS Type: Residential / Condominium
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods
  • View YN: Yes
  • Zoning: Mdrd
Building Information
  • Building/Complex: 280 Island Ave
  • Stories: 1
  • Year Built: 1961
Summary
Location and General Information
  • Directions: Arlington Ave
  • Address:Directions: Arlington Ave
  • Address:Parcel Number: 01147601
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Amenities: Gated, Maintenance Grounds, Maintenance Structure, Management
  • Association Fee: $1,204
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Insurance, Utilities
  • Association YN: Yes
  • Tax Annual Amount: $1,814
  • Tax Legal:Elementary School: Mt. Rose
  • Tax Legal:Middle Or Junior School: Swope
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $1,814
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 0.0
  • Tax Legal:Zoning: Mdrd
  • Tax Legal:Zoning Source: Assessor
  • AssociationCommunity:Association YN: Yes
  • AssociationCommunity:Association Fee: $1,204
  • AssociationCommunity:Association Fee Frequency: Monthly
  • AssociationCommunity:Association 2 YN: No
  • Association Amenities:Gated: Yes
  • Association Amenities:Maintenance Grounds: Yes
  • Association Amenities:Maintenance Structure: Yes
  • Association Amenities:Management: Yes
  • Association Details:Management Company Name: First Service Residential
  • Association Details:Management Company Phone: 775-324-0777
  • Association Details:Association Transfer Fee: $150
  • Association Details:Association Setup Fee: $250
  • Association Details:Association Other Fee: $0
  • Association Details:Association Special Assessment Amount: $0
Parking
  • Attached Garage YN: No
  • Carport Spaces: 0.0
  • Carport YN: No
  • Garage Spaces: 0.0
  • Garage YN: No
  • Parking Features: None
  • Parking Total: 0.0
  • Parking Information:Garage YN: No
  • Parking Information:Parking Total: 0.0
  • Parking Information:Garage Spaces: 0.0
  • Parking Information:Carport YN: No
  • Parking Information:Carport Spaces: 0.0
  • Parking Features:None: Yes
School Information
  • Elementary School: Mt. Rose
  • High School: Reno
  • Middle Or Junior School: Swope
Property
Lot Information
  • Living Area Source: Assessor
  • Lot Features: Corner Lot, Level
  • Lot Size Acres: 0.0
  • Lot Size Area: 0.0
  • Lot Size Square Feet: 0.0
  • Water Source: Public
  • Building Area Total: 1544.0
  • Living Area: 1544.0
  • Lot:Lot Size Acres: 0.0
  • Lot:Lot Size Square Feet: 0.0
  • Lot:View YN: Yes
  • Lot Features:Corner Lot: Yes
  • Lot Features:Level: Yes
  • Water Body Type:River: Yes
  • Water Body View:Yes: Yes
Property and Assessments
  • Parcel Number: 01147601
  • Possession: Close Of Escrow
  • Property Attached YN: Yes
  • Road Frontage Type: Private Road, Other
  • Road Responsibility: Private Maintained Road
  • Property Type: Residential,Condo
  • Year Built: 1961
  • Property Sub Type: Condominium
  • Personal Property Included:Furnishings: Yes
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:Private Road: Yes
  • Road Frontage Type:Other: Yes
  • Road Responsibility:Private Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: True
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Water Test YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Available: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Available: Yes
  • Utilities:Water Available: Yes
  • Utilities:Cellular Coverage: Yes
  • Sewer:Public Sewer: Yes
  • Water Heater:Electric: Yes
  • Water Rights:Water Rights YN: No
  • Water Source:Public: Yes
Interior and Exterior Features
Exterior Features
  • Patio And Porch Features: Deck
  • Stories: 1
  • Construction Materials: Brick, Stucco
  • Exterior Features: None
  • Fencing: None
  • Foundation Details: Slab
  • Horse YN: No
  • Roof: Flat
  • Security Features: Keyless Entry, Smoke Detector(s)
  • Window Features: Blinds, Double Pane Windows
  • Building:Stories: 1.0
  • Building:Housing Cooperative Unit YN: No
  • Building:Property Attached YN: Yes
  • Building:Outdoor Living Spaces YN: Yes
  • Construction Materials:Brick: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:None: Yes
  • Fencing:None: Yes
  • Foundation Details:Slab: Yes
  • Outdoor Living Spaces:Deck: Yes
  • Outdoor Living Spaces Features:Covered: Yes
  • Roof:Flat: Yes
  • Security Features:Keyless Entry: Yes
  • Security Features:Smoke Detector(s): Yes
  • Sprinklers:None: Yes
  • View:City: Yes
  • View:Mountain(s): Yes
  • View:Park/Greenbelt: Yes
  • View:Trees/Woods: Yes
  • Window Features:Blinds: Yes
  • Window Features:Double Pane Windows: Yes
Interior Features
  • Fireplaces Total: 1
  • Cooling: Central Air, Refrigerated
  • Cooling YN: Yes
  • Fireplace YN: Yes
  • Flooring: Carpet, Ceramic Tile
  • Heating: Forced Air
  • Heating YN: Yes
  • Interior Features: Breakfast Bar, Elevator Lift or Stair Chair
  • Laundry Features: In Kitchen, Laundry Area
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Bedrooms Total: 2
  • Bathrooms Full: 2
  • Bathrooms Half: 0
  • Appliances: Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Microwave, Refrigerator, Washer
  • Interior:Bathrooms Half: 0.0
  • Interior:Living Area: 1544.0
  • Interior:Living Area Source: Assessor
  • Interior:Fireplace YN: Yes
  • Interior:Fireplaces Total: 1.0
  • Cooling:Central Air: Yes
  • Cooling:Refrigerated: Yes
  • Flooring:Carpet: Yes
  • Flooring:Ceramic Tile: Yes
  • Heating:Forced Air: Yes
  • Insulation Details:Unknown: Yes
  • Interior Features:Breakfast Bar: Yes
  • Appliances:Dishwasher: Yes
  • Appliances:Disposal: Yes
  • Appliances:Dryer: Yes
  • Appliances:Electric Oven: Yes
  • Appliances:Electric Range: Yes
  • Appliances:Microwave: Yes
  • Appliances:Refrigerator: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Kitchen: Yes
  • Laundry Features:Laundry Area: Yes
Multi Family
Multi Family Information
  • Unit Level:Top Floor: Yes
Room Information
Kitchen
  • Kitchen Features:Breakfast Bar: Yes
  • Kitchen Features:Built-In Dishwasher: Yes
  • Kitchen Features:Disposal: Yes
Primary Bedroom
  • Primary Bedroom Features:Tub/Shower Combination: Yes
Other Rooms
  • Other Rooms:None: Yes
Rental
Rent Information
  • Occupant Type: Vacant

Property History for 280 Island Avenue, Unit 1601

DateEvent & SourcePriceAppreciation
Jun 12, 2024

Sold

NNRMLS #240003994

$625,000
Jun 11, 2024

Sold (Public Record)

Public Record #1534469289

$625,000

-0.8% / yr

May 11, 2024

Pending

NNRMLS #240003994

DateEvent & SourcePrice
06/12/2024

Sold

NNRMLS #240003994

$625,000
06/11/2024

Sold (Public Record)

Public Record #1534469289

$625,000

-0.8% / yr

05/11/2024

Pending

NNRMLS #240003994

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 280 Island Avenue, Unit 1601

Taxable ValueLand$44,730Additions$44,416Total$89,146
Tax Record2025$1,904 ($159 / month)
Home Facts
Baths2Total Finished SqFt1,544 SqFtAbove Grade Finished SqFt1,544 SqFtStories18Lot Size1,544 SqFtStyleMulti-Family Res (5+ Units)Year Built1961ZoningMD-RDCountyWASHOEAPN011-476-01Fireplace TypeHas Fireplace

Schools near 280 Island Avenue, Unit 1601

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Mount Rose Elementary School
PublicK to 8

Darrell C Swope Middle School
Public6 to 8

Reno High School
Public9 to 12

Washoe Innovations Academy
PublicPK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

New listings in 89501

$399,000 | 255 North Sierra Street, Unit 1811, Reno, NV 89501
1/37

Listing Courtesy of Dickson Realty - Downtown, Robert Gales, License #BS.143620

New

$399,000

1
Bedrooms
1,086
Square Feet
0.02
Acres
$1,100,000 | 255 North Sierra Street, Unit 1018, Reno, NV 89501
1/56

Listing Courtesy of Dickson Realty - Downtown, Samantha Reveley, License #BS.144072

$1,100,000

2
Bedrooms
2,515
Square Feet
$319,000 | 200 West 2nd Street, Unit 412, Reno, NV 89501
1/30

Listing Courtesy of Nevada Real Estate Connections, Shirley Larkins, License #B.145480

$319,000

2
Bedrooms
1,540
Square Feet
$349,000 | 200 West 2nd Street, Unit 707, Reno, NV 89501
1/26

Listing Courtesy of Coldwell Banker Select Mt Rose, Laura Colpo, License #S.168673

$349,000

2
Bedrooms
1,459
Square Feet
a living room with furniture and a table
1/42

Listing Courtesy of The Agency Reno, Elizabeth Sullivan, License #S.200315

$425,000

1
Bedrooms
1,011
Square Feet
a living room with furniture and a table
1/26

Listing Courtesy of Redfin, Jaime Moore, License #S.44271

Virtual Tour

$325,000

1
Bedrooms
762
Square Feet
$595,000 | 508 Island Avenue, Reno, NV 89501
1/30

Listing Courtesy of LPT Realty, LLC, Lance Higa, License #S.201911

Virtual Tour

$595,000

3
Bedrooms
2,246
Square Feet
$1,999,999 | 581 Ridge Street, Reno, NV 89501
1/80

Listing Courtesy of Dickson Realty - Damonte Ranch, Christianne O'Malley, License #BS.143506

Active Under Contract - Show

$1,999,999

4
Bedrooms
3,662
Square Feet
0.23
Acres
a view of a city with tall buildings
1/55

Listing Courtesy of RE/MAX Professionals-Sparks, Moira Shea, License #S.53132

$188,888

Studio
Bedrooms
468
Square Feet

Nearby home values

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Chase International-Damonte, Trish Thiele, License #S.55752

Based on information from one of the following Multiple Listing Services: MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS.. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by MetroList, Tahoe Sierra Board of REALTORS, South Tahoe Association of REALTORS, Mammoth Lakes Board of REALTORS MLS, Northern Nevada Regional MLS, Incline Village Board of REALTORS, Inyo County MLS, and Plumas Association of REALTORS. is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.