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.
Active under contract-show
Price cut: $450 (10/10)
$349,500
280 Island Ave APT 1403, Reno, NV 89501
2beds
1,321sqft
Condominium
Built in 1961
-- sqft lot
$338,300 Zestimate®
$265/sqft
$1,189/mo HOA
What's special
Abundant natural light
- 55 days
- 1,074
- 43
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Arturo Rangel S.179896 775-219-2179,
Epique Realty,
Shane Hendrickson S.203068 702-563-9972,
Epique Realty
Source: NNRMLS,MLS#: 260011483
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Forced Air
Cooling
- Central Air
Appliances
- Included: Dishwasher, Disposal, Dryer, Electric Cooktop, Microwave, Oven, Refrigerator, Washer
- Laundry: In Unit, Laundry Closet
Features
- Elevator, Master Downstairs, Walk-In Closet(s)
- Flooring: Wood
- Windows: Double Pane Windows, Drapes
- Has fireplace: No
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 1,321
- Total interior livable area: 1,321 sqft
Property
Parking
- Total spaces: 200
- Parking features: Under Building
Features
- Levels: One
- Stories: 18
- Patio & porch: Porch, Deck
- Exterior features: Balcony, Rain Gutters
- Spa features: None
- Fencing: None
- Has view: Yes
- View description: City, Mountain(s)
- Waterfront features: Boat Ramp, Fishing
Lot
- Size: 1,306 Square Feet
- Features: Level
Details
- Additional structures: None
- Parcel number: 01147511
- Zoning: MD-RD
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Steel Frame, Stucco
- Foundation: Brick/Mortar
- Roof: Flat,Membrane
Condition
- New construction: No
- Year built: 1961
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & HOA
Community
- Security: Smoke Detector(s)
- Subdivision: Park Towers
HOA
- Has HOA: Yes
- Amenities included: Elevator(s), Parking, Storage
- Services included: Landscape Maintenance - Partial, Heating, Cooling, Gas, Insurance, Maintenance Structure, Sewer, Trash, Water
- HOA fee: $1,189 monthly
- HOA name: Park Towers HOA
Location
- Region: Reno
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $224,583
- Annual tax amount: $1,600
- Date on market: 9/4/2026
- Cumulative days on market: 55 days
- Listing terms: 1031 Exchange,Cash,Conventional,Owner May Carry
Estimated market value
$338,300
$321,000 - $355,000
$2,529/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/16/2026 | Contingent | $349,500$265/sqft |
Source: | ||
| 10/10/2026 | Price change | $349,500-0.1%$265/sqft |
Source: | ||
| 9/4/2026 | Listed for sale | $349,950+66.6%$265/sqft |
Source: | ||
| 7/31/2003 | Sold | $210,000$159/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $1,600 +2.5% | $78,604 -3.7% |
| 2025 | $1,561 -1.5% | $81,641 +1.2% |
| 2024 | $1,585 +11.3% | $80,699 +5% |
| 2023 | $1,424 +6.6% | $76,871 +27.1% |
| 2022 | $1,336 +1.6% | $60,478 +26.9% |
| 2021 | $1,315 +4.7% | $47,668 -3.2% |
| 2020 | $1,255 -4.5% | $49,258 |
| 2019 | $1,315 +4.7% | $49,258 +28.8% |
| 2018 | $1,255 +11.5% | $38,258 +0.6% |
| 2017 | $1,126 | $38,037 +12.9% |
| 2016 | $1,126 | $33,698 +12.6% |
| 2015 | $1,126 +304.8% | $29,923 -12.9% |
| 2014 | $278 -75% | $34,349 +23.9% |
| 2013 | $1,114 | $27,731 |
| 2012 | -- | $27,731 +20.4% |
| 2011 | -- | $23,041 -11.4% |
| 2010 | -- | $25,998 -11.2% |
| 2009 | -- | $29,268 -3.8% |
| 2008 | -- | $30,417 |
| 2007 | -- | $30,417 +12.6% |
| 2006 | -- | $27,013 +6% |
| 2005 | -- | $25,481 +17.1% |
| 2004 | -- | $21,768 -3.1% |
| 2003 | -- | $22,471 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Riverwalk
Nearby schools
Schools provided by the listing agent
- Elementary: Mt. Rose
- Middle: Swope
- High: Reno
Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.








