NEW
$725,000
CondoEst. $4,094/mo
3 Beds
2 Baths
2,008 Sq. Ft.0.07 Acres
Built in 1981
4881 W Lakeridge Terrace
Reno, NV, 89509
Lakeridge Terrace West 4
Reno Luxury Condos for Sale
Showing 11 active listings · Updated August 15, 2026
Reno currently has 11 active luxury condos for sale, with a median list price of $800,000 and an average of 69 days on market. Reno's luxury condo segment attracts buyers who want premium finishes, resort-caliber amenities, and walkable urban convenience without the California tax burden. The tier above $600,000 spans renovated penthouse lofts in Midtown to new high-rise towers overlooking the Truckee River — a niche that has tightened considerably as tech-sector migration continues.
11Active Listings
$800,000Median List Price
69Avg Days on Market
What Do Reno Neighborhood Stats Show?
- $78,448Median household incomeLiveBy / American Census Survey 2023
- 37.3Median ageLiveBy / American Census Survey 2023
- 6.7/10Avg school ratingLiveBy / GreatSchools
- 2.4Avg household sizeLiveBy / American Census Survey 2023
- 49%Owner-occupiedLiveBy / American Census Survey 2023
- 33%College degree+LiveBy / American Census Survey 2023
- 26%Households with childrenLiveBy / American Census Survey 2023
- 268,959PopulationLiveBy / American Census Survey 2023
- View 4881 W Lakeridge Terrace, Reno, NV, 89509 — $725,000
NEWPRICE REDUCED $5.0kView 9900 Wilbur May Parkway, Unit 4803, Reno, NV, 89521 — $695,000$695,000$5.0kCondoEst. $3,924/mo3 Beds2 Baths2,428 Sq. Ft.0.08 AcresBuilt in 20049900 Wilbur May Parkway, Unit 4803Reno, NV, 89521Fleur De Lis Phase 1
NEWOPEN HOUSEView 52 Campolina Street, Reno, NV, 89511 — $1,320,000$1,320,000CondoEst. $7,453/mo2 Beds3.5 Baths1,791 Sq. Ft.0.05 AcresBuilt in 202552 Campolina StreetReno, NV, 89511Rancharrah Village 4
NEWView 430 Angela Place, Reno, NV, 89509 — $618,000$618,000CondoEst. $3,489/mo3 Beds3.5 Baths2,175 Sq. Ft.Built in 1978430 Angela PlaceReno, NV, 89509Willowbrook 2
NEWView 200 W 2nd Street, Unit APT 1604, Reno, NV, 89501 — $749,000$749,000CondoEst. $4,229/mo3 Beds3.5 Baths1,946 Sq. Ft.0.05 AcresBuilt in 1978200 W 2nd Street, Unit APT 1604Reno, NV, 89501Town Of Reno
NEW CONSTRUCTIONPENDINGView 28 Persano Street, Reno, NV, 89511 — $2,500,000$2,500,000CondoEst. $14,116/mo3 Beds4.5 Baths3,361 Sq. Ft.0.08 AcresBuilt in 202628 Persano StreetReno, NV, 89511Rancharrah Village 4
Why Buy Luxury Condos for Sale in Reno?
- Reno luxury condos priced above $600,000 deliver high-rise finishes — floor-to-ceiling glass, quartz-and-hardwood interiors, concierge services — at a fraction of comparable San Francisco or Los Angeles pricing.
- Nevada's zero state income tax means a $900,000 Reno luxury condo carries a meaningfully lower annual cost of ownership than an equivalent California unit, a decisive factor for remote executives and investors.
- Reno's growing concentration of tech, logistics, and financial-services employers (Apple, Tesla, Switch, Caesars Entertainment headquarters) sustains executive-rental demand, supporting strong short- and long-term occupancy for premium units.
- Top luxury buildings offer secured parking, rooftop decks with Sierra Nevada views, and proximity to Reno-Tahoe International Airport — a combination almost impossible to replicate at this price point outside a major metro.
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Reno FAQ — 6 Answers
What Do Reno Buyers Most Frequently Ask?
Most AskedWhat defines a luxury condo in Reno?
In Reno's market, luxury condos generally start at $600,000 and feature premium finishes (hardwood or polished concrete floors, quartz countertops, chef kitchens), building amenities (secured parking, gym, concierge or on-site management), and desirable locations such as the downtown Truckee River corridor or Midtown's arts district. New construction towers at this tier often include rooftop decks with Sierra views.
Are Reno luxury condos a good investment compared with Lake Tahoe cabins?
Both are strong, but they serve different buyers. Reno luxury condos offer urban convenience, corporate-rental potential from tech employers, and lower HOA burdens than Tahoe resort communities. Tahoe cabins carry scarcity-driven appreciation and lifestyle cachet. For investors prioritizing rental yield and liquidity, Reno's deeper urban market often wins; for long-term appreciation and personal use, Tahoe's protected basin is hard to beat.
What are typical HOA fees for Reno luxury condos?
Luxury condo HOA fees in Reno generally range from $400–$900 per month at buildings offering concierge, gym, rooftop amenities, and 24-hour security. High-rise towers with full-service management sit at the upper end. Before closing, request the reserve study and the most recent financial statements — a well-funded reserve (70%+ funded) signals a building with lower special-assessment risk.
Can I get a jumbo loan for a Reno luxury condo?
Yes — jumbo loans are common for Reno condos above the conforming limit (currently $806,500 in Washoe County for 2026). Lenders typically require 20% down, a debt-to-income ratio under 43%, and strong credit (720+). Condo-specific hurdles include project approval and owner-occupancy ratios, so using a lender experienced with high-rise Washoe County condos accelerates the process significantly.
Which Reno neighborhoods have the best luxury condos?
Downtown Reno's Truckee River Arts District and the West Street corridor anchor the luxury condo market, offering walkability to restaurants, galleries, and the Whitewater Park. Midtown's revitalized blocks appeal to buyers who want a hipper, boutique feel. South Meadows and Caughlin Ranch offer resort-style gated complexes with panoramic Sierra views — popular with retirees and part-time residents from California.
Do Reno luxury condos allow short-term rentals?
Short-term rental (STR) rules vary by building and by Washoe County/City of Reno ordinance. Some high-end Reno buildings prohibit STRs in their CC&Rs; others allow them subject to HOA approval. The City of Reno requires an STR permit and enforces noise and occupancy rules. Verify the specific building's CC&Rs and current municipal STR regulations before purchasing with rental income in mind.
Updated August 15, 2026
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