PalisadesHomes for Sale · Reno, NV

What Is It Like Living in Palisades, Reno?

Palisades is a single-family neighborhood in Reno, Nevada (ZIP 89521). The sections below cover available listings, market data, schools, HOA questions, and how Palisades compares to nearby communities. Check the source and date shown with each fact.

Palisades is a newer single-family community in South Reno's 89521 ZIP code, built between 2018 and 2024 and recorded in the MLS as Palisades Phase 2 and Phase 3. We estimate roughly 25-plus homes in the neighborhood, and the street names lean into Nevada's mining heritage — Claim Jumper, Precious Metal, Palladium Mine, Mother Lode, and Gold Mine all run through the community. Construction spanning 2018 through 2024 means Palisades includes some of the most recently completed homes in this part of the valley, and buyers here get current building standards, modern floor plans, and systems that are still early in their service life.

Homes in Palisades run from 1,955 to 3,345 square feet, all single-family residences, and recent pricing has ranged from about $830,000 up to $1.35 million with a median right around $999,000. That places the community squarely in South Reno's premium tier — above the area's established mid-range neighborhoods but below the custom foothill estates to the west. The spread between the smaller and larger floor plans gives the neighborhood two distinct audiences: right-sizing buyers who want newer construction without a sprawling footprint, and move-up families who need well over 3,000 square feet. Either way, the phase-built consistency keeps the streetscape cohesive from one end to the other.

The setting follows South Reno's proven playbook. Positioned east of the I-580 corridor in 89521, Palisades puts Downtown Reno and Reno-Tahoe International Airport each roughly fifteen minutes away, the Damonte Ranch town center about ten minutes away for daily errands and dining, and Incline Village at Lake Tahoe within about fifty minutes via the Mount Rose Highway. Families are served by the Washoe County School District, with assignments confirmed by address. This corner of the valley has attracted a steady stream of relocating professionals precisely because newer housing and reasonable commutes coexist here better than almost anywhere else in the Truckee Meadows.

Inventory is limited and the market moves accordingly: nine homes have closed since 2023, and two listings were active at our last count. With an estimated 25-plus homes total, buyers who want Palisades specifically should be prepared to act when a listing appears. Homeowners association dues are comparatively light for newer South Reno product, running about $40 to $155 per month depending on the phase and the home. Recent annual property-tax bills have ranged from roughly $1,340 to $8,370 — a wide spread that reflects differing purchase dates and abatements, so we always pull the specific parcel's tax history during due diligence. For newer-construction buyers near the $1 million mark, Palisades is a focused, low-drama option.