$349,500

For sale

280 Is••••• Ave Apt 1403 (Sign up for 50 free credits to unlock)Reno, NV 89501

2Beds
2Baths
1,321Sq Ft Living
1,307Sq Ft Lot
1961Year Built

Property Description

Luxury riverside living 14 stories high! Park Towers, where the energy of Downtown Reno meets the natural beauty of the Truckee River and surrounding mountains. Unit 1403 features large windows in every room throughout the home, filling the residence with abundant natural light while showcasing sweeping views of the mountains, city skyline, and river. Enjoy true low-maintenance living in one of Reno's most walkable locations. Just outside your door are the Truckee River, Barbara Bennett Park, Wingfield Park, scenic walking and running trails, basketball and recreation areas, restaurants, nightlife, festivals, entertainment, and an organic grocery co-op. Midtown Reno and the University of Nevada, Reno are also just minutes away. A standout feature of this property is its rare short-term and mid-term rental flexibility, offering potential opportunities for Airbnb, VRBO, Furnished Finder, and other furnished rental strategies, subject to applicable HOA rules and local regulations. Whether you're looking for a primary residence, second home, or investment property, this flexibility adds another dimension to the property's appeal. The HOA further simplifies ownership by covering many major expenses, including water, sewer, trash, heating, cooling, and exterior maintenance, allowing you to spend less time maintaining your home and more time enjoying the surrounding lifestyle. From professionals and UNR students to active residents, retirees, investors, or anyone seeking a stylish downtown retreat, Unit 1403 offers a unique combination of convenience, recreation, scenery, and accessibility. With parks, dining, shopping, groceries, recreation, entertainment, and the Truckee River all within easy reach, Park Towers delivers a downtown Reno lifestyle that is difficult to replicate.

Property Facts & Features

Property Type
Condos
Status
For Sale
Listed
Sep 3, 2026
Price per Sq Ft
$265/sqft
ZIP Code
89501
Full Baths
2
Stories
1
Parking
Under Building
Heating
Forced Air
Cooling
Central Air
Construction
Steel Frame, Stucco
HOA Fee
$1,189/mo
Property Tax (2025)
$1,600/yr
Assessed Value
$78,604
Last Sold
$492,500 · Mar 19, 2003
Neighborhood
Riverwalk District
County
Washoe
School District
Washoe County School District

Features & Amenities

Bedrooms

  • Bedrooms: 2
  • Primary Bedroom Features: On Main Floor,Shower Stall,Walk-In Closet

Bathrooms

  • Total Bathrooms: 2
  • Full Bathrooms: 2

Land Info

  • Level
  • Lot Size Acres: 0.03
  • Lot Size Square Feet: 1321

Utilities

  • Sewer: Public Sewer
  • Electricity Connected
  • Natural Gas Connected
  • Sewer Connected
  • Water Connected
  • Water Source: Public

Appliances

  • Dishwasher
  • Disposal
  • Dryer
  • Electric Cooktop
  • Microwave
  • Oven
  • Refrigerator
  • Washer
  • Laundry Features: In Unit, Laundry Closet

Other Rooms

  • Living Room Description: SeparateFormal Room

Home Features

  • View: City, Mountain(s)
  • Security Features: Smoke Detector(s)

Interior Features

  • Elevator
  • Lift or Stair Chair
  • Primary Downstairs
  • Walk-In Closet(s)
  • Flooring: Wood
  • Window Features: Double Pane Windows, Drapes

Garage and Parking

  • Parking Features: Under Building
  • Parking Total: 200

Kitchen and Dining

  • Built-In Dishwasher
  • Built-In Microwave
  • Built-In Single Oven
  • Disposal
  • Electric Cooktop
  • Dining Room Description: Kitchen Combination,SeparateFormal Room

School Information

  • Elementary School: Mt. Rose
  • High School: Reno
  • Middle School: Swope

Heating and Cooling

  • Cooling Features: Central Air
  • Heating Features: Forced Air
  • Heating: Yes

Other Property Info

  • Standard
  • Annual Tax Amount: 1600
  • Source Listing Status: Active Under Contract
  • County: Washoe
  • Directions: Downtown, South on N Sierra, right on Island Ave.
  • Property Subtype: condo
  • Source Neighborhood: Park Towers
  • Parcel Number: 011-475-11
  • Subdivision: Park Towers
  • Zoning: MD-RD
  • Property Subtype: Condominium

Homeowners Association

  • Association: Yes
  • Association Amenities: Elevator(s), Parking, Storage
  • Association Fee: 1189
  • Association Fee Frequency: Monthly
  • Association Fee Includes: Landscape Maintenance - Partial, Heating, Cooling, Gas, Insurance, Maintenance Structure, Sewer, Trash, Water
  • Calculated Total Monthly Association Fees: 1189
  • Association Name: Park Towers HOA

Building and Construction

  • Total Square Feet Living: 1321
  • Year Built: 1961
  • Building Area Total: 1321
  • Common Walls: 2+ Common Walls
  • Construction Materials: Steel Frame, Stucco
  • Foundation Details: Brick/Mortar
  • Levels: One
  • Living Area Source: Assessor
  • Property Age: 65
  • Property Attached: Yes
  • Property Condition: Owner
  • Roof: Flat, Membrane
  • Levels or Stories: 18
  • Total Area Sqft: 1321
  • Elevator: Yes

Exterior and Lot Features

  • Balcony
  • Rain Gutters
  • Patio And Porch Features: Porch, Deck
  • Road Frontage Type: City Street, Public
  • Road Maintenance: Public Maintained Road
  • Porch: Yes
  • Deck: Yes

Price & Event History

DateEventPrice$/Sq Ft
Oct 9, 2026Price Changed$349,500$265
Sep 3, 2026Listed$349,950$265
Mar 19, 2003Sold$492,500$373

Location

Lat 39.52349 · Lng -119.81582