Welcome to Unit 316 at The Montage, where modern updates, luxury amenities, and an unbeatable downtown location come together to create the ultimate lock-and-leave lifestyle. This beautifully updated 2-bedroom, 2-bath condominium includes a rare tandem 2-car garage and is ideally located on the same floor as the Owners' Lounge and Fitness Center, making your daily workout or evening gathering just steps from your front door. Inside, you'll appreciate the thoughtful upgrades throughout, including new stainless-steel appliances, a spacious kitchen island, stylish laminate flooring, updated designer lighting, and a custom tile bathroom that adds a touch of spa-like luxury. The open-concept layout is perfect for entertaining or simply enjoying everyday living. Step outside onto your private patio, an ideal space to enjoy your morning coffee or unwind after a day exploring downtown Reno. Residents of The Montage enjoy an exceptional collection of amenities, including: 24-hour secured lobby with controlled building access, Owners' Lounge, Fitness Center, Resort-style pool and spa deck, Outdoor BBQ and entertaining areas, Landscaped courtyard and garden spaces, Pet-friendly dog run, Secure underground parking Located in the heart of downtown Reno, you'll love being just blocks from the Truckee River, Riverwalk District, Wingfield Park, Reno Aces baseball, the Pioneer Center, restaurants, breweries, coffee shops, entertainment, festivals, and year-round events. Whether you're looking for a full-time residence, weekend retreat, or low-maintenance investment, you'll appreciate the freedom to lock the door and enjoy everything Northern Nevada has to offer without the chores that tend to come with homeownership. All Information regarding this property is deemed reliable, but not guaranteed. Buyer and Buyer's agent to verify all MLS information prior to the closing of the escrow.
Active
Price cut: $5K (9/30)
$464,000
255 N Sierra St Unit 316, Reno, NV 89501
2beds
1,142sqft
Condominium
Built in 1978
-- sqft lot
$454,500 Zestimate®
$406/sqft
$457/mo HOA
What's special
Modern updatesStylish laminate flooringOpen-concept layoutSecure underground parkingPet-friendly dog runPrivate patioSpacious kitchen island
- 93 days
- 413
- 23
Zillow last checked:
Listing updated:
Listed by:
Penny Tenpenny S.171310 775-690-0458,
Keller Williams Group One Inc.,
Alyssa Blueberg S.193878 775-741-5154,
Keller Williams Group One Inc.
Source: NNRMLS,MLS#: 260008411
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Electric
Cooling
- Electric
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
- Laundry: In Hall, In Unit, Laundry Closet
Features
- Cathedral Ceiling(s), Elevator, High Ceilings, Kitchen Island, Pantry, Walk-In Closet(s)
- Flooring: Carpet, Laminate
- Windows: Double Pane Windows
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,142
- Total interior livable area: 1,142 sqft
Property
Parking
- Total spaces: 2
- Parking features: Garage, Tandem, Under Building
- Garage spaces: 2
Features
- Levels: One
- Stories: 1
- Patio & porch: Glass Enclosed, Patio
- Exterior features: None
- Has private pool: Yes
- Pool features: Heated, In Ground
- Has spa: Yes
- Spa features: In Ground
- Fencing: Partial
- Has view: Yes
- View description: City, Mountain(s)
Lot
- Size: 1,306 Square Feet
- Features: Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Details
- Additional structures: None
- Parcel number: 01154617
- Zoning: MUDRRC
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick, Stucco
- Foundation: Slab
- Roof: Flat
Condition
- New construction: No
- Year built: 1978
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Cable Available, Electricity Connected, Internet Available, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Water Meter Installed
Community & HOA
Community
- Security: Fire Sprinkler System, Smoke Detector(s)
- Subdivision: The Montage Phase 1
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Security, Spa/Hot Tub, Storage
- Services included: Insurance, Maintenance Structure, Security, Sewer, Trash, Water
- HOA fee: $457 monthly
- HOA name: Montage HOA
Location
- Region: Reno
Financial & listing details
- Price per square foot: $406/sqft
- Tax assessed value: $341,783
- Annual tax amount: $3,521
- Date on market: 7/1/2026
- Cumulative days on market: 94 days
- Listing terms: 1031 Exchange,Cash,Conventional
Estimated market value
$454,500
$432,000 - $477,000
$2,627/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/30/2026 | Price change | $464,000-1.1%$406/sqft |
Source: | ||
| 7/1/2026 | Listed for sale | $469,000+36.7%$411/sqft |
Source: | ||
| 12/30/2022 | Sold | $343,000-11.6%$300/sqft |
Source: Public Record Report a problem | ||
| 12/14/2022 | Pending sale | $388,000$340/sqft |
Source: | ||
| 11/22/2022 | Listed for sale | $388,000+58.4%$340/sqft |
Source: | ||
| 7/11/2015 | Listing removed | $245,000$215/sqft |
Source: Dickson Realty - Downtown #150006232 Report a problem | ||
| 5/14/2015 | Listed for sale | $245,000+58.1%$215/sqft |
Source: Dickson Realty - Downtown #150006232 Report a problem | ||
| 5/30/2012 | Sold | $155,000+4%$136/sqft |
Source: Public Record Report a problem | ||
| 11/17/2011 | Listing removed | $149,000$130/sqft |
Source: Listhub #110014331 Report a problem | ||
| 10/22/2011 | Listed for sale | $149,000$130/sqft |
Source: The Mark Company Nevada, LLC #110014331 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $3,521 +3.3% | $119,624 -3.1% |
| 2025 | $3,408 -2% | $123,509 -21.6% |
| 2024 | $3,476 +8.8% | $157,471 +7.3% |
| 2023 | $3,195 +8.5% | $146,704 +13.1% |
| 2022 | $2,945 +5.6% | $129,724 +2.8% |
| 2021 | $2,790 +6.7% | $126,160 +27.6% |
| 2020 | $2,615 -6.3% | $98,834 |
| 2019 | $2,790 +6.7% | $98,834 +18.6% |
| 2018 | $2,615 -0.2% | $83,349 +1.6% |
| 2017 | $2,621 | $82,057 -0.2% |
| 2016 | $2,621 | $82,252 +19.9% |
| 2015 | $2,621 +39% | $68,622 +17.9% |
| 2014 | $1,886 -20.4% | $58,186 +17.1% |
| 2013 | $2,371 | $49,671 |
| 2012 | -- | $49,671 +4.4% |
| 2011 | -- | $47,564 -39.1% |
| 2010 | -- | $78,069 -19.8% |
| 2009 | -- | $97,334 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Downtown
Nearby schools
Schools provided by the listing agent
- Elementary: Hunter Lake
- Middle: Clayton
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








