508 Island Avenue
About 508 Island Avenue
Spacious Riverfront Condo Living with Over 2,200 Sq Ft of living space! Opportunities like this don't come often—offering over 2,200 square feet, this 3-bedroom condo delivers the space of a single-family home with the ease of low-maintenance living, all just steps from the Truckee River. Inside, the home is clean and well cared for, providing a blank canvas for buyers to personalize and make their own. Generous living areas, ample storage, and a functional layout make it ideal for both full-time living and a lock-and-leave lifestyle.
Location
Open in Google Maps →Property Details
Community Information
- Address
- 508 Island Avenue, Reno, NV 89501
- Neighborhood
- Wingfield Park
- County
- Washoe
- City
- Reno
- Subdivision
- Wingfield Park
- Zip Code
- 89501
Architecture
- Bedrooms
- 3
- Bathrooms
- 2 full
- Year Built
- 1975
- Garage Spaces
- 2
Features / Amenities
- Parking Total
- 2
- Heating
- Forced Air, Natural Gas
Property Features
- Lot Size
- 0.01 sqft (0.01 ac)
- Sewer
- Public Sewer
Tax & Financial
- Tax Annual Amount
- $2,499.03
- Association Fee
- $754/mo
- Association Amenities
- Elevator(s), Gated, Landscaping, Management, Storage
- Senior Community
- No
- Listed$650,000January 18, 2026
- Price Reduced$624,900−$25,100 · 3.9% off
- TodayActive150 days on market
List date approximated from current days-on-market. Source: GLVAR MLS via Repliers IDX.
Mortgage Calculator
- Principal & Interest: $3,160
- Property Tax: $208
- Insurance: $182
- HOA: $754
California → Nevada Tax Savings
See the breakdown
| California | Nevada | Savings | |
|---|---|---|---|
| State income tax | $15,304 | $0 | $15,304 |
| Property tax (year 1) | $6,874 | $3,437 | $3,437 |
| Year-1 total | $18,741 | ||
Estimate only. CA income tax uses 2026 inflation-adjusted brackets and the standard deduction; property tax assumes 1.10% CA effective rate (Prop 13 + assessments) and 0.55% Clark County effective rate. 10-year projection compounds the tax base at 3% per year. Consult a CPA before making relocation decisions.
Schools
View all schools →Per-address school zoning + GreatSchools ratings activate when our LiveBy add-on goes live. In the meantime, ask the listing agent for the current zoned elementary, middle, and high schools for 508 Island Avenue — the CCSD attendance-zone lookup pulls within 24 hours of your request.
Similar Listings
View all →Frequently Asked Questions
What are the HOA fees and what do they cover?
The HOA at 508 Island Avenue is $754/month, covering Elevator(s), Gated, Landscaping, Management, Storage.
What schools serve 508 Island Avenue?
School zoning for 508 Island Avenue is assigned by the Clark County School District. We pull the current attendance-zone schools for this exact address on request — call (702) 637-1759.
What is the price per square foot?
508 Island Avenue is priced at about $278 per square foot — $624,900 for 2,246 sq ft.
What is the estimated monthly payment?
Estimated principal & interest on 508 Island Avenue runs about $3,160/month, based on 20% down on the $624,900 list price and a 30-year fixed at 6.5%. Property taxes, insurance, and the $754/mo HOA are additional — use the mortgage calculator on this page to model your own rate and down payment.
Has the price been reduced?
Yes — 508 Island Avenue was originally listed at $650,000 and has been reduced to $624,900, a $25,100 (3.9%) price cut.
How long has 508 Island Avenue been on the market?
508 Island Avenue has been on the market 150 days as of 2026-06-14.
What are recent comparable sales near 508 Island Avenue?
We pull a custom comparable-sales set within 0.5 miles closed in the last 90 days for 508 Island Avenue — request it via the Schedule a Tour form above or call (702) 637-1759.
Is this a gated community?
508 Island Avenue is not flagged as being inside a gated community in the listing data. Call (702) 637-1759 and we'll confirm the access details.
Is 508 Island Avenue in a flood zone?
Most of the Las Vegas valley sits in FEMA Zone X (low-risk), and we do not show a high-risk flood designation on file for 508 Island Avenue. We pull the official FEMA flood map for this exact address before you write an offer — call (702) 637-1759 for the current determination.
What appliances and features are included?
The full appliance and inclusions list for 508 Island Avenue is confirmed during the offer and inspection phase — call (702) 637-1759 for current details.
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Listing provided courtesy of LPT Realty, LLC.
Information deemed reliable but not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Greater Las Vegas Association of REALTORS® (GLVAR). Listings are courtesy of various agents and brokerages participating in the program. All listing data is updated by Repliers and may not reflect all real estate activity in the market.
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