3 beds2,246 sqft$265/sqft
508 Island Ave, Reno, NV 89501
Est: $3,987/moGet pre-approved

Description

Spacious riverfront condo living with over 2,200 Sq Ft of living space! Opportunities like this don't come often! With 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...Spacious riverfront condo living with over 2,200 Sq Ft of living space! Opportunities like this don't come often! With 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. 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.
LISTING UPDATED: 08/23/2026 12:01 AM

  1. Listed by Lance Higa • Brokerage DRE #B.3279 • LPT Realty, LLC
    P: (808) 475-9997 lancehiga@reno775.com

Property Details for 508 Island Avenue

Status
MLS #
260010372
Days on Compass
14
Pet Policy
-
Taxes
$2,499 / year
HOA Fees
$9,048 / year
Condo/Co-op Fees
-
Property Type
MLS Type
Residential / Condominium
Year Built
1975
View
City, Mountain(s), Park/Greenbelt
View YN
Yes
Waterfront Features
Fishing, Fixed Bridges
Zoning
MF30
Subdivision Name
Wingfield Park

Location

Listing Courtesy of LPT Realty, LLC, Lance Higa, License #S.201911
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Building Information for 508 Island Avenue

Building/ComplexWingfield Park Condominium AssociationFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1975

Payment Calculator

$3,987 per month

30 year fixed, 6.55% Interest

Principal and Interest

$3,024

Property Taxes

$208

HOA Dues

$754

The Payment Calculator is for illustrative purposes only.

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Property Information for 508 Island Avenue

Summary
Location and General Information
  • Directions: S. Arlington to Island Ave.
  • Latitude: 39.52301
  • Longitude: -119.818818
  • Address:Directions: S. Arlington to Island Ave.
  • Address:Parcel Number: 011-390-08
  • Address:Cross Street: S. Arlington
  • Address:Within City Limits YN: Yes
Taxes and HOA
  • Association Amenities: Elevator(s), Gated, Landscaping, Management, Storage
  • Association Fee: $754
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Cooling, Gas, Insurance, Maintenance Grounds, Maintenance Structure, Snow Removal, Trash, Water
  • Association Name: Wingfield Park Condominium Association
  • Association YN: Yes
  • Tax Legal:Neighborhood: Idlewild Park
  • Tax Legal:Elementary School: Hunter Lake
  • Tax Legal:Middle Or Junior School: Swope
  • Tax Legal:High School: Reno
  • Tax Legal:Tax Annual Amount: $2,499
  • Tax Legal:Special Assessments and Bonds Other Than CIC: 570.1
  • Tax Legal:Utilities Assessment to Assume YN: No
  • Tax Legal:Zoning: MF30
  • AssociationCommunity:Senior Community YN: No
  • AssociationCommunity:Association YN: Yes
  • AssociationCommunity:Association Fee: $754
  • AssociationCommunity:Association Name: Wingfield Park Condominium Association
  • AssociationCommunity:Association Fee Frequency: Monthly
  • AssociationCommunity:Association 2 YN: No
  • Association Amenities:Elevator(s): Yes
  • Association Amenities:Gated: Yes
  • Association Amenities:Landscaping: Yes
  • Association Amenities:Management: Yes
  • Association Amenities:Storage: Yes
  • Association Details:Management Company Name: Western Nevada Management
  • Association Details:Management Company Phone: 775-284-4434
  • Association Details:Association Transfer Fee: $350
  • Association Details:Association Setup Fee: $0
  • Association Details:Association Other Fee: $0
  • Association Details:Association Special Assessment YN: Yes
  • Association Details:Association Special Assessment Amount: $570
  • Association Details:Association Special Assessment Details: Monthly reserve assessment for 2026. Reserve review to be completed in Q4 2026 to determine whether assessment for 2027 is required.
  • Association Details:Association Source: Owner
  • Association Details:Average Monthly Association Fee: $754
  • Association Details:Total Association Special Assessments: 570.1
  • Association Details:Total Other Fees: $0
  • Association Details:Total Setup Fees: $0
  • Association Details:Total Transfer Fees: $350
  • Association Type:Condominium Owners Association: Yes
Parking
  • Attached Garage YN: No
  • Carport YN: No
  • Garage Spaces: 2.0
  • Garage YN: Yes
  • Parking Features: Garage, Garage Door Opener, Under Building
  • Parking Total: 2.0
  • Parking Information:Garage YN: Yes
  • Parking Information:Parking Total: 2.0
  • Parking Information:Garage Spaces: 2.0
  • Parking Information:Carport YN: No
  • Parking Features:Garage: Yes
  • Parking Features:Garage Door Opener: Yes
  • Parking Features:Under Building: Yes
School Information
  • Elementary School: Hunter Lake
  • High School: Reno
  • Middle Or Junior School: Swope
Distance To
  • Distance To Water Numeric: 100
  • Distance To Water Units: Feet
Virtual Tour
Property
Lot Information
  • Living Area Source: Assessor
  • Lot Features: Corner Lot, Gentle Sloping, Landscaped, Sprinklers In Front
  • Lot Size Acres: 0.01
  • Lot Size Area: 0.01
  • Lot Size Square Feet: 436.0
  • Lot Size Units: Acres
  • Water Body Name: Truckee River
  • Water Source: Public
  • Building Area Total: 2246.0
  • Living Area: 2246.0
  • Lot:Lot Size Acres: 0.01
  • Lot:Lot Size Square Feet: 436.0
  • Lot:Pool Private YN: No
  • Lot:Spa YN: No
  • Lot:View YN: Yes
  • Lot:Waterfront YN: Yes
  • Lot:Water Body Access YN: Yes
  • Lot:Water Body Name: Truckee River
  • Lot Features:Corner Lot: Yes
  • Lot Features:Gentle Sloping: Yes
  • Lot Features:Landscaped: Yes
  • Lot Features:Sprinklers In Front: Yes
  • Water Body Access Type:Public Accessible: Yes
  • Water Body Features:Fishing: Yes
  • Water Body Features:Fixed Bridges: Yes
  • Water Body Information:Water Body Access Distance: 100
  • Water Body Information:Water Body Access Distance Units: Feet
  • Water Body Information:Water Frontage Length Owned: 0
  • Water Body Information:Water Frontage Length Shared: 0
  • Water Body Type:River: Yes
  • Water Body View:Yes: Yes
Property and Assessments
  • Common Walls: 2+ Common Walls
  • New Construction YN: No
  • Parcel Number: 011-390-08
  • Possession: Close Of Escrow
  • Property Attached YN: No
  • Road Frontage Type: City Street, Public
  • Road Responsibility: Public Maintained Road
  • Property Type: Residential,Condo
  • Year Built: 1975
  • Property Sub Type: Condominium
  • Property Type Label: Residential
  • Miscellaneous Zoning Info:Historical District YN: No
  • Possession:Close Of Escrow: Yes
  • Road Frontage Type:City Street: Yes
  • Road Frontage Type:Public: Yes
  • Road Responsibility:Public Maintained Road: Yes
Utilities
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities
  • Electric: True
  • Utilities:Cooling YN: Yes
  • Utilities:Heating YN: Yes
  • Utilities:Water Test YN: No
  • Utilities:Cable Available: Yes
  • Utilities:Electricity Connected: Yes
  • Utilities:Internet Available: Yes
  • Utilities:Natural Gas Connected: Yes
  • Utilities:Phone Available: Yes
  • Utilities:Sewer Connected: Yes
  • Utilities:Water Connected: Yes
  • Utilities:Cellular Coverage: Yes
  • Utilities:Underground Utilities: 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: Covered, Patio
  • Stories: 1
  • Construction Materials: Insulation - Batts, Concrete, Glass, Stucco
  • Exterior Features: Balcony
  • Fencing: Full
  • Foundation Details: Slab
  • Horse YN: No
  • Levels: One
  • Other Structures: Storage
  • Roof: Flat, Tile
  • Security Features: Security Fence, Security Gate, Smoke Detector(s)
  • Senior Community YN: No
  • Spa Features: None
  • Spa YN: No
  • Window Features: Blinds, Drapes, Metal Frames, Single Pane Windows
  • Building:Stories: 1.0
  • Building:Housing Cooperative Unit YN: No
  • Building:Property Attached YN: No
  • Building:Outdoor Living Spaces YN: Yes
  • Common Walls:2+ Common Walls: Yes
  • Construction Materials:Concrete: Yes
  • Construction Materials:Glass: Yes
  • Construction Materials:Stucco: Yes
  • Exterior Features:Balcony: Yes
  • Fencing:Full: Yes
  • Foundation Details:Slab: Yes
  • Levels:One: Yes
  • Other Structures:Storage: Yes
  • Outdoor Living Spaces:Patio: Yes
  • Outdoor Living Spaces Features:Covered: Yes
  • Roof:Flat: Yes
  • Roof:Tile: Yes
  • Security Features:Security Fence: Yes
  • Security Features:Security Gate: Yes
  • Security Features:Smoke Detector(s): Yes
  • Spa Features:None: Yes
  • Sprinklers:Automatic: Yes
  • Sprinklers:Front: Yes
  • View:City: Yes
  • View:Mountain(s): Yes
  • View:Park/Greenbelt: Yes
  • Window Features:Blinds: Yes
  • Window Features:Drapes: Yes
  • Window Features:Metal Frames: Yes
  • Window Features:Single Pane Windows: Yes
Interior Features
  • Fireplaces Total: 1
  • Cooling: True
  • Cooling YN: Yes
  • Fireplace Features: Gas
  • Fireplace YN: Yes
  • Flooring: Carpet, Tile, Vinyl
  • Heating: Forced Air, Natural Gas
  • Heating YN: Yes
  • Interior Features: Entrance Foyer, No Interior Steps, Primary Downstairs
  • Laundry Features: In Hall, Laundry Closet, Washer Hookup
  • Bathrooms Total Integer: 2
  • Bathrooms Total Decimal: 2.0
  • Bathrooms Total Notational: 2.0
  • Interior:Bathrooms Half: 0.0
  • Interior:Living Area: 2246.0
  • Interior:Living Area Source: Assessor
  • Interior:Fireplace YN: Yes
  • Interior:Fireplaces Total: 1.0
  • Cooling:Central Air: Yes
  • Fireplace Features:Gas: Yes
  • Flooring:Carpet: Yes
  • Flooring:Tile: Yes
  • Flooring:Vinyl: Yes
  • Heating:Forced Air: Yes
  • Heating:Natural Gas: Yes
  • Interior Features:Entrance Foyer: Yes
  • Interior Features:No Interior Steps: Yes
  • Interior Features:Primary Downstairs: 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:Trash Compactor: Yes
  • Appliances:Washer: Yes
  • Laundry Features:In Hall: Yes
  • Laundry Features:Laundry Closet: Yes
  • Laundry Features:Washer Hookup: Yes
Multi Family
Multi Family Information
  • Unit Level:Mid Level: Yes
Room Information
Kitchen
  • Kitchen Features:Breakfast Nook: Yes
  • Kitchen Features:Built-In Dishwasher: Yes
  • Kitchen Features:Built-In Microwave: Yes
  • Kitchen Features:Built-In Single Oven: Yes
  • Kitchen Features:Disposal: Yes
  • Kitchen Features:Electric Cooktop: Yes
  • Kitchen Features:Trash Compactor: Yes
Primary Bedroom
  • Primary Bedroom Features:Bathtub: Yes
  • Primary Bedroom Features:Double Sinks: Yes
  • Primary Bedroom Features:On Main Floor: Yes
  • Primary Bedroom Features:Shower Stall: Yes
Other Rooms
  • Other Rooms:Entrance Foyer: Yes
Rental
Rent Information
  • Occupant Type: Owner

Property History for 508 Island Avenue

DateEvent & SourcePriceAppreciation
Aug 12, 2026

Listed (Active)

NNRMLS #260010372

$595,000
Jul 15, 2026

Expired

NNRMLS #260000516

$624,900
Jul 6, 2026

Temporarily Off Market

NNRMLS #260000516

$624,900
DateEvent & SourcePrice
08/12/2026

Listed (Active)

NNRMLS #260010372

$595,000
07/15/2026

Expired

NNRMLS #260000516

$624,900
07/06/2026

Temporarily Off Market

NNRMLS #260000516

$624,900

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

Public Records for 508 Island Avenue

Taxable ValueLand$37,422Additions$31,427Total$68,849
Tax Record2025$1,873 ($156 / month)
Home Facts
Beds3Baths2Total Finished SqFt2,246 SqFtAbove Grade Finished SqFt2,246 SqFtStories1Lot Size44 SqFtStyleCondominiumYear Built1975Year Renovated1975ZoningMF30CountyWASHOEAPN011-390-08

Schools near 508 Island Avenue

This home is within Washoe County School District.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 12
Rating
School
Distance
Jessie Beck Elementary School
PublicPK to 5

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.

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508 Island Avenue is a condo for sale in Reno, NV 89501. This property was listed for sale on August 12, 2026 by LPT Realty, LLC, it's currently listed at $595,000. This listing's school district is Washoe County School District. Nearby schools include Jessie Beck Elementary School, Darrell C Swope Middle School and Reno High School. 508 Island Avenue is a 3-bed, 2-bath, 2,246 sqft condo built in 1975.

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. Subject to change at any time. Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties make no guarantee, warranty or representation regarding the accuracy of any waterfront feature, water view or waterfront view.

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

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.