$519,900 $569,000 ↓ $49,100 reduced Active
524 Island Avenue
Reno, NV 89501

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STR Status Unknown
2 Beds
·
2.0 Baths
·
1,414 Sq Ft

Our data on this home

About This Property

Welcome to Wingfield Park Condos, where downtown Reno living meets comfort and style. This inviting top-floor, nicely updated 2-bedroom, 2-bath home offers stunning views of the city, the park, and the Truckee River, creating a truly special urban retreat. Step out and onto the generous balcony to relax, dine, or entertain while enjoying the sparkle of river and city lights. Inside, the open, thoughtfully designed layout features airy living spaces, abundant natural light, and well-sized bedrooms that feel warm and welcoming—ideal for both everyday living and hosting guests. One dedicated space in the secure parking garage provides convenience and peace of mind, complemented by two additional assigned storage areas for your gear and belongings. An elevator takes you right to your front door, making access effortless. Just moments from top restaurants, nightlife, and riverfront recreation, this top-floor condo offers an easy, lock-and-leave lifestyle in one of downtown Reno's most desirable locations.

Listed by Eric Gonzales — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260004061
Days on Market 198
Price/Sq Ft $368

Property History

Apr 07, 2026
Listed for sale
$569,000
Jul 11, 2026
Price reduced
$539,900 $554,900 ↓ $15,000
Sep 01, 2026
Price reduced
$519,900 $539,900 ↓ $20,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2023 $375,000 Jenna WhiteDickson Realty - Sparks Jonathon Aguirre-RamirezRealty One Group Eminence

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,414
Stories 1
Year Built 1975
Property Type Condominium
Subdivision Wingfield Park
APN 011-390-04
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Landscaped, Level
View City, Mountain(s), Park/Greenbelt
Construction Brick
Roof Flat, Tile
Foundation Concrete Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,629
HOA Fee $607 / Monthly
HOA / Community Wingfield Park Condominiums
Schools
Elementary School Beck
Middle School Swope
High School Reno
HOA & Community
Community Amenities Elevator(s), Gated, Landscaping, Parking, Storage
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Home Insurance Estimate

Standard homeowners policy for this home

$1,400 – $2,100/yr
about $146/mo
Est. Rebuild Cost (Coverage A)
$424,200

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$3,518 per month
Principal & interest
$2,629/mo
Property taxes
$136/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$607/mo
From MLS listing data.
Home insurance
$146/mo
Estimated ~$1,400–$2,100/yr — get a local broker quote for accuracy.
Down payment
20% ($103,980)
Home price
$519,900
Loan details
30-yr fixed, 6.5%
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