Experience refined living at The Palladio—Reno's premier luxury high-rise set along the scenic Truckee River. Perfectly positioned in the heart of downtown, this elegant 2-bedroom, 2-bath residence captures sweeping views of the river, city lights, and surrounding mountains through its expansive floor-to-ceiling windows. An open-concept layout creates effortless flow between the modern kitchen, great room, and generous dining area, ideal for both entertaining and everyday comfort. Step out onto your private terrace to enjoy sunrise reflections over the water or vibrant city evenings below. Sophisticated finishes, abundant natural light, and a seamless indoor-outdoor connection define the residence's timeless appeal. The Palladio offers resort-style amenities, including a riverfront pool and spa, secure parking, and on-site retail and dining—all within walking distance of Reno's best restaurants, galleries, and entertainment. Whether a full-time home or a lock-and-leave retreat, Unit 601 embodies the perfect balance of luxury, lifestyle, and location in the heart of the city.
For sale
Price cut: $65K (4/16)
$785,000
50 N Sierra St Suite 601, Reno, NV 89501
2beds
1,498sqft
Condominium
Built in 2006
-- sqft lot
$766,500 Zestimate®
$524/sqft
$1,046/mo HOA
What's special
Riverfront pool and spaSophisticated finishesScenic truckee riverOpen-concept layoutSeamless indoor-outdoor connectionExpansive floor-to-ceiling windowsAbundant natural light
- 263 days |
- 443 |
- 13 |
Zillow last checked:
Listed by:
Jean Merkelbach NV B.0012934.LLC,
Engel & Völkers Lake Tahoe
Source: Engel & Volkers,MLS#: 250057041
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
Heating
- Has Heating (Unspecified Type)
Cooling
- Has cooling: Yes
Appliances
- Included: Dishwasher, Dryer, Microwave, Refrigerator, Washer
Features
- Flooring: Carpet
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,498
- Total interior livable area: 1,498 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage
- Has garage: Yes
Features
- Patio & porch: Patio
Lot
- Size: 1,306 Square Feet
Details
- Parcel number: 01152601
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
Condition
- Year built: 2006
Community & HOA
Community
- Subdivision: The Palladio
HOA
- Has HOA: Yes
- HOA fee: $1,046 monthly
Location
- Region: Reno
Financial & listing details
- Price per square foot: $524/sqft
- Tax assessed value: $699,568
- Annual tax amount: $6,492
- Date on market: 10/16/2025
- Lease term: Contact For Details
Estimated market value
$766,500
$728,000 - $805,000
$2,843/mo
Price history
| Date | Event | Price |
|---|---|---|
| 4/16/2026 | Price change | $785,000-7.6%$524/sqft |
Source:  NNRMLS #250057041 Report a problem | ||
| 10/15/2025 | Listed for sale | $850,000$567/sqft |
Source: NNRMLS #250057041 Report a problem | ||
| 10/1/2025 | Listing removed | $850,000$567/sqft |
Source: NNRMLS #250051260 Report a problem | ||
| 6/10/2025 | Listed for sale | $850,000-8.1%$567/sqft |
Source: NNRMLS #250051260 Report a problem | ||
| 1/1/2025 | Listing removed | $925,000$617/sqft |
Source: NNRMLS #240011464 Report a problem | ||
| 12/12/2024 | Price change | $925,000-2.6%$617/sqft |
Source: NNRMLS #240011464 Report a problem | ||
| 9/6/2024 | Listed for sale | $950,000+72.7%$634/sqft |
Source: NNRMLS #240011464 Report a problem | ||
| 12/9/2015 | Sold | $550,000-11.1%$367/sqft |
Source: Public Record Report a problem | ||
| 10/8/2015 | Listed for sale | $619,000+3.2%$413/sqft |
Source: Dickson Realty - Caughlin #150014018 Report a problem | ||
| 7/16/2015 | Sold | $600,000$401/sqft |
Source: Public Record Report a problem | ||
| 6/25/2010 | Sold | $600,000-6.5%$401/sqft |
Source: Public Record Report a problem | ||
| 9/28/2007 | Sold | $642,000$429/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $6,492 +2.6% | $244,849 +1.1% |
| 2025 | $6,330 +2.8% | $242,279 +0.5% |
| 2024 | $6,157 +5.3% | $241,187 +7.4% |
| 2023 | $5,848 +3.9% | $224,594 +19.9% |
| 2022 | $5,628 +2.2% | $187,345 +3.9% |
| 2021 | $5,508 +2.8% | $180,254 +5.1% |
| 2020 | $5,355 -2.8% | $171,516 |
| 2019 | $5,508 +2.8% | $171,516 +19.3% |
| 2018 | $5,355 +4.3% | $143,782 +23.9% |
| 2017 | $5,135 | $116,073 -9% |
| 2016 | $5,135 | $127,572 -3.1% |
| 2015 | $5,135 -0.9% | $131,589 +4.5% |
| 2014 | $5,180 +1.3% | $125,920 +20.5% |
| 2013 | $5,114 | $104,477 -15.1% |
| 2012 | -- | $122,996 -17.7% |
| 2011 | -- | $149,521 |
| 2010 | -- | $149,521 -7.5% |
| 2009 | -- | $161,614 +14.3% |
| 2008 | -- | $141,356 -4.6% |
| 2007 | -- | $148,131 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.
Climate risks
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 9/10Hunter Lake Elementary SchoolGrades: PK-5Distance: 1.6 mi
- 6/10Darrell C Swope Middle SchoolGrades: 6-8Distance: 2.1 mi
- 7/10Reno High SchoolGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- Elementary: Hunter Lake
- Middle: Swope
- High: Reno
Source: Engel & Volkers. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Nevada
- Washoe County
- Reno
- 89501
- Downtown
- 50 N Sierra St Suite 601
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