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    • $389,000

    365 Palace Dr, Reno, NV 89506

    3beds
    1,008sqft
    Single Family Residence
    Built in 1972
    10,018 Square Feet Lot
    $396,800 Zestimate®
    $386/sqft
    $2,187 Estimated rent

    Home value

    $396,800

    $361,000 - $436,000

    $2,187/mo

    Zestimate® history
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    What's special

    Rv parkingLow maintenance yardMassive patioFull fencingNew flooring
    Affordable Home with RV parking and a 500+ SqFt shop. This offering features new flooring, windows, water heater and roof. The grounds feature low maintenance yard, massive patio, and full fencing, making it ideal for dog ownership. The shop, or barn, as the owner calls it, could be used for just about anything and is huge value-add for a home at this price point. Only 15 minutes to the Reno Tahoe International Airport, and less than an hour to the natural splendor of the Lake Tahoe Basin. Nevada residents enjoy zero state income tax.

    Zillow last checked:

    Listing updated:

    Listed by:

    Todd Disbrow BS.0145280 775-830-3735,

    Engel & Volkers Lake Tahoe

    Bought with:

    Jeniffer Lair, S.177181

    Keller Williams Group One Inc.

    Source: NNRMLS,MLS#: 250055019MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    • Full bathrooms: 1
    • 1/2 bathrooms: 1
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Wall/Window Unit(s)
    Appliances
    • Included: Dishwasher, Disposal, Electric Cooktop, Microwave
    • Laundry: Laundry Closet
    Features
    • Ceiling Fan(s), No Interior Steps, Master Downstairs
    • Flooring: Carpet, Luxury Vinyl
    • Windows: Double Pane Windows, Vinyl Frames
    • Has fireplace: No
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,008
    • Total interior livable area: 1,008 sqft

    Property

    Parking
    • Total spaces: 4
    • Parking features: Additional Parking, Garage, RV Access/Parking
    • Garage spaces: 1
    Features
    • Levels: One
    • Stories: 1
    • Patio & porch: Patio
    • Exterior features: None
    • Pool features: None
    • Spa features: None
    • Fencing: Back Yard
    • Has view: Yes
    • View description: Mountain(s)
    Lot
    • Size: 10,018 Square Feet
    Details
    • Additional structures: Workshop
    • Parcel number: 08057407
    • Zoning: SFR

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Foundation: Concrete Perimeter
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1972

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Connected, Internet Available, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected, Cellular Coverage, Underground Utilities

    Community & HOA

    Community
    • Security: Keyless Entry, Smoke Detector(s)
    • Subdivision: Lemmon Valley Estates 3
    HOA
    • Has HOA: No
    Location
    • Region: Reno

    Financial & listing details

    • Price per square foot: $386/sqft
    • Tax assessed value: $141,609
    • Annual tax amount: $796
    • Date on market: 8/25/2025
    • Cumulative days on market: 32 days
    • Listing terms: Cash,Conventional,FHA,VA Loan

    Price history

    DateEventPrice
    9/26/2025Sold$389,000$386/sqft
    Source: NNRMLS #250055019 Report a problem
    8/27/2025Contingent$389,000$386/sqft
    Source: NNRMLS #250055019 Report a problem
    8/25/2025Listed for sale$389,000+3.8%$386/sqft
    Source: NNRMLS #250055019 Report a problem
    7/30/2021Listing removed--
    Source: NNRMLS #210008643 Report a problem
    7/17/2021Listed for sale$374,900$372/sqft
    Source: NNRMLS #210008643 Report a problem
    6/26/2021Pending sale$374,900$372/sqft
    Source: NNRMLS #210008643 Report a problem
    6/18/2021Listed for sale$374,900+212.4%$372/sqft
    Source: NNRMLS #210008643 Report a problem
    10/24/2017Sold$120,000+33.3%$119/sqft
    Source: Public Record Report a problem
    3/27/1995Sold$90,000$89/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2026$860 +7.9%$49,563 +1.5%
    2025$797 +8%$48,823 +10.6%
    2024$737 +3%$44,154 +5.1%
    2023$716 +2.9%$42,014 +17.9%
    2022$696 +6.5%$35,628 +22.1%
    2021$654 +5%$29,190 -2.5%
    2020$622 -4.8%$29,934
    2019$654 +5%$29,934 +20.2%
    2018$622 +12.1%$24,900 +0.5%
    2017$555 $24,769 +7.5%
    2016$555 $23,041 +8.7%
    2015$555 +3.4%$21,192 +13.7%
    2014$537 $18,645 +18.7%
    2013$537 $15,709
    2012-- $15,709 -17.4%
    2011-- $19,028 -5.4%
    2010-- $20,122 -31.9%
    2009-- $29,536 -7.8%
    2008-- $32,019 -18.4%
    2007-- $39,237 +26.6%
    2006-- $30,990 +9.9%
    2005-- $28,195 +5.1%
    2004-- $26,825 +3.4%
    2003-- $25,933 +0.5%
    2002-- $25,805
    2001-- $25,805
    Find assessor info on the county website

    Neighborhood: Lemmon Valley

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Lemmon Valley
    • Middle: OBrien
    • High: North Valleys

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $396,800
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $396,800

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