Aerial view of downtown Reno, the Truckee River and tree-lined neighborhoods below the Sierra Nevada
Golf-Course Townhomes · LakeRidge · Southwest Reno NV

The Villas at Lakeridge Homes For Sale

Nevada Real Estate Group — your Villas at Lakeridge specialists. Search golf-course townhomes and condos for sale in Southwest Reno's established LakeRidge community: $350K–$650K, HOA-covered low-maintenance living, mature greenbelts and water features, the LakeRidge Golf Course next door, and Nevada's zero state income tax.

Browse Homes

Where Can You Find The Villas at Lakeridge Homes for Sale?

The Villas at Lakeridge carries a limited number of active townhome and condo listings in ZIP 89509 — priced $350K to $650K per NNRMLS data. According to NREG’s MLS analysis, established Southwest Reno golf-course townhomes are tightly held; well-priced units change hands at a steady pace. Listings below refresh daily from live NNRMLS data.

  • MEDIAN LIST PRICE (ZIP 89509)

    $579K

    NREG analysis of NNRMLS data via Repliers, as of November 2, 2026

  • DAYS ON MARKET (RENO CITYWIDE)

    55

    NREG analysis of NNRMLS data via Repliers, as of November 2, 2026

  • COMMUNITY TYPE

    Golf Townhomes

    NREG community profile

  • TO DOWNTOWN RENO

    ~10 min

    Via Plumas St / US-395

Chris Nevada, Founder of Nevada Real Estate Group

Written by

Chris Nevada

Founder, Nevada Real Estate Group · Nevada License S.181401

16+ years in Nevada real estate

Page updated October 21, 2026

Property research

Verify for your address

Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.

Last updated

October 21, 2026

Individual data periods may differ from the page update date.

KEY TAKEAWAYS

What Should You Know About The Villas at Lakeridge at a Glance?

The Villas at Lakeridge is Southwest Reno's established golf-course townhome enclave in ZIP 89509, with homes priced from $350K to $650K and a median list price near $579,000 per NREG’s MLS analysis and NNRMLS data. The five takeaways below capture what those numbers mean for buyers in this U.S. Census Bureau-tracked Washoe County corridor.

  • Community type: Established townhome and condo neighborhood on the LakeRidge Golf Course in Southwest Reno — an attainable, low-maintenance entry into one of Reno's most desirable golf-course settings, first built in 1978.
  • Median list price (ZIP 89509): $579,000 (November 2026) — ranging from roughly $350K for smaller one- and two-bedroom units to $650K+ for larger golf-adjacent townhomes with the best greenbelt views.
  • Best for: Downsizers, golfers, lock-and-leave second-home buyers, California tax relocators, remote workers, and buyers who want established Southwest Reno character with HOA-covered exterior maintenance.
  • HOA and amenities: HOA dues run $350–$550/month covering exterior maintenance, greenbelts, water features, clubhouse, and tennis courts; the LakeRidge Golf Course — a Robert Trent Jones design — sits right next door.
  • Why people choose The Villas: golf-course adjacency, mature parklike greenbelts, low-maintenance townhome living, Nevada's zero state income tax, and a $350K–$650K price band well below the surrounding single-family market.

Last updated November 2026 · Sources: NREG’s MLS analysis, U.S. Census, U.S. Census Bureau (Washoe County)

PRICE DISTRIBUTION

How Many Villas at Lakeridge Homes Are Listed in Each Price Range?

The ZIP 89509 median list price for The Villas at Lakeridge townhomes sits near $579K per NREG’s MLS analysis November 2026 NNRMLS data. Active inventory concentrates in the $350K–$550K range, with a smaller upper tier above $550K for larger golf-adjacent floor plans. Each card shows current listing counts for The Villas and surrounding ZIP 89509.

Under $400K

0

active listings

Browse Under $400K →

$400K–$475K

1

active listings

Browse $400K–$475K →

$475K–$550K

3

active listings

Browse $475K–$550K →

$550K–$650K

0

active listings

Browse $550K–$650K →

$650K+

0

active listings

Browse $650K+ →

All Southwest Reno

4

active listings

Browse All Southwest Reno →
Browse The Villas at Lakeridge & Southwest Reno Listings

How Can You Find a Villas at Lakeridge Home by Type, Lifestyle & Price?

The Villas at Lakeridge listings are filtered by ZIP 89509 — typically 8–14 active townhomes and condos in the Southwest Reno area at any time. Each link opens our live NNRMLS search pre-filtered to that slice, with counts updated daily from NREG’s MLS analysis and NNRMLS data.

Which Southwest Reno Communities Should You Explore?

Tap a community to see its dedicated page — current listings, price ranges, school district details, and what daily life looks like inside each Southwest Reno neighborhood.

1,480 active listings across Reno citywide as of November 2, 2026 · MLS data

STAY AHEAD OF THE MARKET

How Can You Get New Villas at Lakeridge Listings First?

Custom alerts by price, beds, baths, and golf-course features — no spam, unsubscribe anytime. The Villas at Lakeridge townhomes turn over at a 34-day median pace per NREG’s analysis of NNRMLS data, so buyers who see new listings within hours hold an edge — especially in the $350K–$500K entry band where competition is broadest.

  • Custom criteria — neighborhood, price, beds, baths, features
  • Instant alerts — emailed within minutes of a new MLS listing
  • 1,200+ buyers used NREG alerts last year

Create your alert

School planning

Which Schools Serve a Reno Address?

Ask the district for the address-specific school assignment for the enrollment year, since boundaries change, and confirm it before you buy. Proximity to a school does not guarantee admission; charter, magnet and private schools set their own rules. Check Washoe school zoning · Nevada Report Card

CRIME DATA

How Can You Check Reported Crime Near a Home?

Ask the law-enforcement agency that serves the address for its current reports, and compare places only across the same reporting period, boundary and offense definitions. Missing records do not mean zero crime, the FBI cautions against ranking communities on crime totals alone, and a citywide figure does not describe a particular street.

FBI crime data resources · FBI guidance on comparing communities

Living In

What's It Like Living in The Villas at Lakeridge, Southwest Reno NV?


The Answer

The Villas at Lakeridge delivers low-maintenance golf-course townhome living in Southwest Reno: contemporary one- and two-story units from $350K to $650K, mature greenbelts, and Nevada's zero state income tax. Schools are served by the Washoe County School District — confirm exact assignments by address, since boundaries shift across Southwest Reno.

What is The Villas at Lakeridge known for?

The Villas at Lakeridge is known as Southwest Reno's established golf-course townhome community — contemporary one- and two-story units set among mature greenbelts and water features directly on the LakeRidge Golf Course, a Robert Trent Jones design open since 1969. It is an attainable, low-maintenance entry into a sought-after Southwest Reno pocket, offering a clubhouse, tennis courts, walking trails, and golf adjacency at a price range well below the surrounding single-family market.

Who should live in The Villas at Lakeridge?

The Villas at Lakeridge fits downsizers who want lock-and-leave townhome living, golfers who value direct LakeRidge Golf Course adjacency, California tax relocators seeking a Nevada address for zero state income tax savings, remote workers who want established Southwest Reno character near downtown, and second-home buyers. The $350K–$650K range spans smaller one-bedroom condo buyers to larger golf-adjacent townhome purchasers.

What is daily life like in The Villas at Lakeridge?

Daily life in The Villas at Lakeridge centers on the parklike rhythm of Southwest Reno: morning walks on greenbelt trails among the water features, a round at the LakeRidge Golf Course next door, and tennis or clubhouse time on-site. Downtown Reno dining and the Riverwalk are ten minutes away via Plumas Street, South Virginia shopping is five minutes, and Lake Tahoe is forty-five minutes via the Mount Rose Highway for weekend trips.

Location

Where Is The Villas at Lakeridge

The Villas at Lakeridge sits adjacent to the LakeRidge Golf Course in Southwest Reno, Nevada (ZIP 89509), about four and a half miles from downtown Reno. Approximately 10 minutes from downtown via Plumas Street and US-395, 12 minutes from Reno-Tahoe International Airport, 5 minutes from South Virginia Street shopping, and 45 minutes from Lake Tahoe via NV-431 (Mount Rose Highway).

Downtown Reno
10
Min
South Virginia Shopping
5
Min
Reno-Tahoe Airport
12
Min
University of Nevada, Reno
15
Min
Lake Tahoe
45
Min

The Villas at Lakeridge

At a Glance
$579,000
Median List Price (ZIP 89509)
~$280+
Price / Sq Ft (townhome tier)
55
Days on Market (Reno citywide)
$350K–$650K
Price Range (The Villas)

Median, active-listing and days-on-market tiles: NREG analysis of NNRMLS data via Repliers, as of November 2, 2026.

Community Type
Established Golf-Course Townhomes
Price Range
$350K–$650K
Year Established
1978
Guard-Gated
No (open access)
HOA / Month
$350–$550 (varies by unit)
Amenities
Clubhouse · Tennis · Greenbelt Trails
ZIP Code
89509
School District
Washoe County School District
To LakeRidge Golf Course
Adjacent
To Downtown Reno
~10 min
To Reno-Tahoe Airport
~12 min via US-395 / I-580
To Lake Tahoe
~45 min via NV-431 Mt Rose Hwy
Census Housing Data / The Villas at Lakeridge

What Does the Census Show About Housing in The Villas at Lakeridge?

According to the U.S. Census Bureau, the tiles below compare housing and population figures for The Villas at Lakeridge and its surrounding area with the wider county. Each tile's label names the area it covers.

These are housing and population counts only. We don't describe who lives in a neighborhood or suggest which buyers it suits. Compare homes by their features, location, HOA terms and total cost, and use the Census source for the full tables.

ZIP Code
89509
Southwest Reno, NV
Median Home Value (ZIP 89509)
$704K
vs Washoe County $540K
Owner-Occupied (ZIP 89509)
~56%
vs Washoe County 60%
Golf-Course Adjacency
LakeRidge next door
Direct course access

Source: U.S. Census Bureau ACS 2020–2024 5-year estimates (ZIP 89509) · Updated

GROWTH & APPRECIATION

How Fast Is The Villas at Lakeridge Market Growing?

The Villas at Lakeridge and the broader Southwest Reno market have appreciated steadily over the past decade, driven by California in-migration, a constrained supply of established golf-course townhomes, and the sustained appeal of low-maintenance ownership near downtown.

+3%Estimated YoY median price growth (ZIP 89509, 2026)
AdjacentTo LakeRidge Golf Course
10 minTo downtown Reno via Plumas St

ZIP 89509 (Southwest Reno) median list price trajectory, 2010–2026

The Villas at Lakeridge townhomes have appreciated with the broader Southwest Reno market — driven by an irreplaceable golf-course setting on the LakeRidge course, mature parklike greenbelts that newer construction cannot replicate, and sustained downsizer and California-relocator demand for low-maintenance Nevada addresses. The townhome tier's $350K–$650K range remains an attainable entry into established Southwest Reno, keeping buyer demand broad while supply stays constrained.

2010
$220K
2015
$300K
2020
$380K
2026
$475K+

Sources: NREG’s MLS analysis and U.S. Census Bureau ACS. Median price figures from NNRMLS active listings; historical approximations. Last updated June 2026.

REPORTED MARKET SERIES

How Is The Villas at Lakeridge Real Estate Market Trending?

Median list price, days on market, and active inventory for ZIP 89509 — the Southwest Reno ZIP covering The Villas at Lakeridge and surrounding areas — from Northern Nevada Regional MLS and NREG’s analysis of NNRMLS data data. Current median for The Villas townhome tier sits near $475,000, up approximately 3% year-over-year, with a median 34 days on market. Updated monthly.

Median List Price (ZIP 89509 Villas tier)

+3% YoY (May 2025 → May 2026)

Source: NREG analysis of Northern Nevada Regional MLS data via Repliers

Days on Market

28 → 34 days YoY — golf-townhome tier moves at a steady pace

Source: NREG analysis of Northern Nevada Regional MLS data via Repliers

Active Listings (The Villas / ZIP 89509)

~12 at any time — supply constrained by established build-out

Source: NREG analysis of Northern Nevada Regional MLS data via Repliers

The long view: the median sold price in Reno rose 117% between 2015 ($273,230) and 2026 ($592,832), across 54,257 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.

55
MEDIAN DAYS ON MARKET (RENO CITYWIDE) · NOV 2, 2026
$579K
MEDIAN LIST PRICE (RENO CITYWIDE) · NOV 2, 2026
$350K–$650K
VILLAS PRICE RANGE
< 1 hr
OUR RESPONSE TIME

INVENTORY IS TIGHT

Get matched with a
Villas at Lakeridge specialist.

Market Competitiveness

How Competitive Is The Villas at Lakeridge Market Right Now?

The Villas at Lakeridge is a low-inventory, steady-pace golf-townhome market. Typically 8–14 active listings appear in ZIP 89509 covering The Villas and surrounding Southwest Reno townhomes, and homes take a median 34 days on market per NNRMLS data. Well-priced units in the $350K–$500K entry range move faster as the downsizer and golfer buyer pool at that tier is broad.

  • 34 daysMedian days on market (The Villas / ZIP 89509)
  • $350K–$650KThe Villas price range
  • ~$280+Median price per sq ft (townhome tier)
  • Golf TownhomesCommunity character
Before You Buy

What Should You Compare Before Buying a Home in The Villas at Lakeridge?

Compare individual homes by the features, services, and total ownership costs that matter to you. The points below can help structure your property research before you make an offer.

Which Villas at Lakeridge Profile Fits Your Buyer Type?

Golfers

  • Direct LakeRidge Golf Course adjacency
  • Robert Trent Jones design open since 1969
  • Greenbelt and fairway-view units available
  • Lock-and-leave convenience for golf travel
Best for Golfers →

California Tax Relocators

  • Meaningful annual state income tax savings
  • Southwest Reno address vs California metros
  • Zero state capital-gains tax at Nevada level
  • 3% annual property-tax cap under NRS 361.4723
Best for California Tax Relocators →

Remote Workers

  • 10 minutes to downtown Reno coworking
  • 12 minutes to the airport for travel
  • Zero Nevada income tax on remote earnings
  • Quiet greenbelt setting for focus
Best for Remote Workers →

First-Time Buyers

  • Attainable Southwest Reno entry from $350K
  • Conforming financing with low down payment
  • Established community with mature amenities
  • Central location near every job center
Best for First-Time Buyers →

Best Fit For

  • Golfers — Direct adjacency to the LakeRidge Golf Course, a Robert Trent Jones design open since 1969 — greenbelt and fairway-view units with lock-and-leave convenience for golf travel.
  • California tax relocators — Nevada zero state income tax saves meaningfully each year — on top of an established Southwest Reno golf address that California metros cannot match at the price.
  • Remote workers — Ten minutes to downtown coworking, twelve to the airport, a quiet greenbelt setting for focus, and zero Nevada income tax on remote earnings.
  • Second-home and lock-and-leave buyers — HOA exterior maintenance, golf at the door, and Lake Tahoe 45 minutes away — low-maintenance for part-time owners who travel.
  • First-time buyers — An attainable Southwest Reno entry from $350K with conforming financing, mature amenities, and a central location near every Reno job center.

Ready to explore homes in The Villas at Lakeridge? Our team knows the floor plans, HOA documents, reserve studies, and golf-course positioning across the community.

Start Your Villas at Lakeridge Search

Pros

  • Direct LakeRidge Golf Course adjacency — a Robert Trent Jones design open since 1969
  • HOA-covered exterior maintenance — true lock-and-leave living
  • Mature parklike greenbelts, water features, clubhouse, and tennis courts
  • Attainable Southwest Reno entry at $350K–$650K versus $600K+ single-family
  • Central location — 10 minutes to downtown, 12 to the airport, 45 to Lake Tahoe
  • Zero Nevada state income tax and 3% annual property-tax cap under NRS 361.4723

Honest Considerations

  • HOA dues of $350–$550/month add to monthly carrying costs
  • Established 1978 buildings — verify reserve fund health and any pending special assessments
  • Townhome/condo living means shared walls and less privacy than single-family
  • Smaller floor plans (1,160–2,100 sq ft) than nearby single-family homes
  • Limited inventory — typically fewer than 14 active listings, making the search competitive

Neighborhood Comparison

How Does The Villas at Lakeridge Compare to Caughlin Ranch, Old Southwest Reno & Somersett?

A like-for-like comparison of the most-searched Southwest and Northwest Reno communities — median price, days on market, HOA, and lifestyle fit — using active-listing data refreshed monthly via NREG’s MLS analysis and NNRMLS. Prices span $475K for Villas townhomes to $1.5M+ for Caughlin Ranch foothill estates.

The Villas at Lakeridge vs. Reno community comparison · June 2026
SubmarketMedian Price$ / Sq FtDays on MarketActive ListingsBest For
The Villas at Lakeridge$475,000~$280+3412Golf · Townhomes · Low-Maintenance
Caughlin Ranch$750,000~$330+3820Foothill SFR · Trails · Family
Old Southwest Reno$650,000~$350+3015Historic · Character · Tree-Lined
Somersett$700,000~$310+3625NW Golf Master Plan · Newer · Amenities
Reno (all)$520,000~$300+3260Full Reno Inventory

Source: NREG’s MLS analysis and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.

Neighborhood Deep Dive

What's Inside Each Southwest Reno Community?

Submarket 1

The Villas at Lakeridge

Southwest Reno's established golf-course townhome enclave on the LakeRidge Golf Course — an attainable, low-maintenance address with mature greenbelts, clubhouse and tennis, and Nevada's zero state income tax.

Browse The Villas at Lakeridge homes →
$475KMedian Price
34Days on Market
12Active Listings
~$280+Price / Sq Ft

Submarket 2

Caughlin Ranch

Established Southwest Reno foothill master plan with private trails, larger homesites, and single-family homes from roughly $600K to $1.5M — the next tier up from The Villas townhomes.

Browse Caughlin Ranch homes →
$750KMedian Price
38Days on Market
20Active Listings
~$330+Price / Sq Ft

Submarket 3

Old Southwest Reno

Reno's historic tree-lined Southwest district — character single-family homes from about $500K to $1.2M, near downtown and the Truckee River.

Browse Old Southwest Reno homes →
$650KMedian Price
30Days on Market
15Active Listings
~$350+Price / Sq Ft

Submarket 4

Somersett

Northwest Reno golf master plan for buyers wanting newer construction, a town center, and resort-style amenities — single-family homes from roughly $500K.

Browse Somersett homes →
$700KMedian Price
36Days on Market
25Active Listings
~$310+Price / Sq Ft

Submarket 5

Reno (all)

The full Reno market across every neighborhood and price tier — from attainable condos to luxury foothill estates.

Browse Reno (all) homes →
$520KMedian Price
32Days on Market
60Active Listings
~$300+Price / Sq Ft

Submarket 6

The Villas at Lakeridge — The Southwest Reno Golf Entry Point

The attainable entry into established Southwest Reno golf-course living — direct adjacency to the LakeRidge Golf Course, mature greenbelts and water features, and townhomes from $350K to $650K. The only Southwest Reno golf-course address that starts in the $350Ks while including HOA-covered exterior maintenance, an on-site clubhouse, tennis courts, and greenbelt walking trails.

Browse The Villas at Lakeridge — The Southwest Reno Golf Entry Point homes →
From $350KAttainable Entry
AdjacentTo LakeRidge Golf
ClubhouseOn-Site Amenities
10 minTo Downtown Reno

Where Is The Villas at Lakeridge on the Map?

The Villas at Lakeridge sits adjacent to the LakeRidge Golf Course in Southwest Reno, Nevada (ZIP 89509), about four and a half miles from downtown Reno, approximately 10 minutes from downtown via Plumas Street, 5 minutes from Caughlin Ranch, 12 minutes from Reno-Tahoe International Airport, and 45 minutes from Lake Tahoe via NV-431 (Mount Rose Highway).

#1
TEAM IN NEVADA
9,600+
HOMES SOLD SINCE 2011
9,097+
★★★★★ REVIEWS
< 1 hr
AVERAGE RESPONSE

STILL DECIDING?

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neighborhood fits?

BY ZIP CODE

What Does the Market Look Like in ZIP 89509?

ZIP 89509 covers Southwest Reno, including The Villas at Lakeridge, Caughlin Ranch, and Old Southwest Reno. The table below puts this ZIP in context against neighboring Reno ZIPs — median price, price per square foot, days on market, active inventory, and year-over-year price growth — using Northern Nevada Regional MLS data.

ZIP 89509 (Southwest Reno / The Villas at Lakeridge) market comparison with neighboring Reno ZIPs · June 2026
ZIPPrimary AreaMedian Price$ / Sq FtDays on MarketActiveYoY
89509Southwest Reno · The Villas · Caughlin Ranch$650K~$33034180+3.0%
89519Lakeridge · Plumas · Southwest Reno$700K~$34036120+2.8%
89523Somersett · Northwest Reno$620K~$31532210+1.9%
89521South Reno · Damonte Ranch$680K~$32032220+2.4%
89511South Reno · Galena · Foothills$850K~$36040160+2.2%

Source: NREG’s MLS analysis and NNRMLS. Medians from active listings; YoY from closed sales, 2026 vs 2025 year-to-date. Per-sqft figures approximate. ZIP boundaries per Washoe County GIS.

Outdoor Recreation

What Outdoor Amenities Does The Villas at Lakeridge Offer?

The Villas at Lakeridge sits at the intersection of golf-course living and Southwest Reno recreation — the LakeRidge Golf Course at the door, mature greenbelts on-site, and Lake Tahoe 45 minutes away. According to the City of Reno Parks & Recreation, Southwest Reno offers some of the city's most extensive trail and open-space access nearby.

ADJACENT

LakeRidge Golf Course

18 holes · Robert Trent JonesGolfPublic / member rates

The community sits directly on the LakeRidge Golf Course, a Robert Trent Jones design open since 1969 and a perennial Best of Reno pick — known for its dramatic island green and Sierra foothill setting just steps from The Villas.

ON-SITE

Community Greenbelt Trails

Mature greenbeltsWalking · StrollingResidents

On-site greenbelts, water features, and walking trails wind through the community's mature landscaping — a parklike daily setting for residents reserved through the HOA.

ON-SITE

Community Clubhouse & Tennis

Clubhouse + courtsTennis · GatheringsResidents

A community clubhouse and tennis courts give residents on-site recreation and gathering space — a strong amenity stack for an attainable townhome tier.

8 MIN

Bartley Ranch Regional Park

56 acresHiking · Equestrian · EventsFree

A Washoe County regional park with trails, equestrian facilities, and an outdoor amphitheater — a Southwest Reno favorite minutes from The Villas.

10 MIN

Truckee River & Riverwalk

River corridorWalking · Kayaking · DiningFree

Downtown Reno's Truckee River Riverwalk offers riverside paths, whitewater kayak runs, and restaurant rows — ten minutes from the neighborhood via Plumas Street.

5 MIN

Caughlin Ranch Trails

Private trail networkHiking · Mountain BikingPublic access points

The adjacent Caughlin Ranch master plan maintains an extensive foothill trail network with public access points, climbing into the Sierra foothills above Southwest Reno.

45 MIN

Mount Rose / Lake Tahoe

Sierra NevadaSkiing · Beaches · HikingVaries

NV-431, the Mount Rose Highway, climbs from Southwest Reno to Mount Rose Ski Tahoe and Lake Tahoe in about 45 minutes — a genuine weekend amenity for residents.

12 min

Rancho San Rafael Park

595 acresTrails · Events · Balloon RaceFree

Reno's flagship regional park near UNR — sweeping lawns, trails, an arboretum, and home to the Great Reno Balloon Race each fall.

The Villas at Lakeridge Lifestyle

What Does a Weekend in The Villas at Lakeridge Look Like?

A Saturday in The Villas at Lakeridge: a morning round on the LakeRidge Golf Course — adjacent per the City of Reno — an afternoon walk on the greenbelt trails, dinner on the downtown Riverwalk ten minutes away, and Lake Tahoe 45 minutes out for Sunday. Golf at the door, parklike greenbelts, and zero Nevada income tax.

300+Days of Sun
AdjacentTo LakeRidge Golf
10 minTo Downtown Reno
45 minTo Lake Tahoe

THIS WEEKEND'S OPEN HOUSES

Can You Tour Villas at Lakeridge Homes This Weekend?

The Villas at Lakeridge townhomes show by appointment, and weekend open houses appear periodically when inventory allows. Contact Nevada Real Estate Group at (775) 277-2120 to schedule a private showing or request a video walkthrough. Set up instant alerts to get notified when a unit in your price range becomes available.

Planning a move

What Should I Verify Before Moving to The Villas at Lakeridge?

Budget around the specific home, not a community average. Before you compare the cost of a move to The Villas at Lakeridge, get these in writing:

  • The parcel's annual assessment, prior-year tax bill and abatement eligibility. A sale alone does not reset Nevada’s tax cap. Nevada tax-abatement rules
  • Lender, insurance and utility quotes for the exact address, plus the association's resale documents and any special assessments.
  • The school assignment for the enrollment year, confirmed with the district.
  • Your tax situation, reviewed by an adviser — California-source income can remain taxable after a move (Franchise Tax Board).
  • Qualifying new residents generally must obtain a Nevada driver’s license and vehicle registration within 30 days. Check the Nevada DMV’s requirements and exceptions for your circumstances.

The full step-by-step relocation checklist, from timeline to first-week setup, is in one place.

Open the relocation guide

ECONOMY & JOBS

What Drives the Economy Near The Villas at Lakeridge?

The Villas at Lakeridge is 10 minutes from downtown Reno and 15 minutes from the University of Nevada, Reno via US-395. According to the U.S. Bureau of Labor Statistics, Reno-Sparks MSA unemployment was 4.0% in July 2026 (BLS, preliminary) — driven by Renown Health, UNR, Tesla, and Switch. The central Southwest Reno location keeps major job centers an easy commute.

$86,126Median household income (ZIP 89509)U.S. Census Bureau ACS 2020–2024
10 minTo downtown Reno job centerVia Plumas St / US-395
15 minTo University of Nevada, RenoVia US-395
12 minTo Reno-Tahoe International AirportVia US-395 / I-580

Top Employers Accessible from The Villas at Lakeridge

  • Renown HealthNorthern Nevada's largest healthcare system, headquartered minutes from Southwest Reno
  • University of Nevada, RenoR1 research university, 15 minutes via US-395 — the region's largest higher-education employer
  • Tesla Gigafactory NevadaBattery & EV manufacturing at Tahoe-Reno Industrial Center (~35 min via I-80)
  • SwitchHyperscale data centers, Tahoe-Reno Industrial Center (~35 min via I-80)
  • State of Nevada / Washoe CountyGovernment employment in downtown Reno, 10 minutes via Plumas Street
  • Healthcare & Professional ServicesSaint Mary's and a dense professional-services cluster throughout central Reno

Sources: U.S. Bureau of Labor Statistics, U.S. Census Bureau. Last updated June 2026.

COMMUNITY COMPARISON

How Does The Villas at Lakeridge Compare to Caughlin Ranch, Old Southwest Reno & Somersett?

Choosing between Reno communities? This table compares The Villas at Lakeridge townhomes ($475K, golf-course), Caughlin Ranch ($750K, foothill SFR), Old Southwest Reno ($650K, historic SFR), and Somersett ($700K, NW golf master plan). Metrics from NREG’s MLS analysis, the U.S. Census, and BLS Reno-Sparks MSA.

The Villas at Lakeridge vs. Reno communities · June 2026
MetricThe Villas at LakeridgeCaughlin RanchOld Southwest RenoSomersett
Median List Price$475K$750K$650K$700K
Price / Sq Ft~$280~$330~$350~$310
Days on Market34383036
HOA / Month$350–$550~$100–$200Typically $0~$150–$250
Golf AdjacencyLakeRidge — directNoNoSomersett GC — varies
Property TypeTownhome / CondoSFRSFRSFR
Guard-GatedNoNoNoSome sub-villages
MaintenanceHOA-covered exteriorOwnerOwnerOwner
Best ForGolf · Downsizers · Low-MaintFoothill Family · TrailsHistoric · CharacterNewer · Amenities

Sources: NREG’s analysis of NNRMLS data, U.S. Census ACS. Last updated June 2026.

Cost of Ownership

What Will The Villas at Lakeridge Cost You Each Month?

Build a property-specific budget using a lender quote, the parcel tax estimate, insurance quotes and association documents. The starting amounts below are editable illustrations, not current local rates or verified fees. Compare the result with your Loan Estimate, and budget separately for maintenance, utilities and closing costs.

Illustrative Payment Estimator

Estimate Your Villas at Lakeridge Payment

Home Price
$475,000
$475,000
$475,000
Down Payment
20% / $95,000
20% / $95,000
20% / $95,000
Interest Rate
7.0%
7.0%
7.0%
Term Years
30
30
30
Annual Property Tax Assumption
$2,900
$2,900
$2,900
Annual Insurance Assumption
$1,800
$1,800
$1,800
Monthly HOA Assumption
$200
$200
$200
Annual PMI Rate Assumption
0.50%
0.50%
0.50%
$3,120
Illustrative Monthly Payment
  • Principal & Interest$2,528
  • Property Tax$242
  • Insurance$150
  • HOA$200
  • PMI$0
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Inputs are assumptions, not a loan offer, insurance quote or parcel tax calculation. This simplified fixed-rate example applies the selected PMI rate below 20% down; actual mortgage-insurance eligibility, cost and cancellation depend on the loan. Maintenance, utilities, closing costs and special assessments are additional. Review the CFPB housing budget guide and confirm amounts with the relevant providers.

COMMUTE & TRANSPORTATION

How Easy Is Getting Around from The Villas at Lakeridge?

From The Villas at Lakeridge, downtown Reno is 10 minutes via Plumas Street, the airport 12 minutes, and UNR 15 minutes. Most residents drive, though the central Southwest Reno location keeps every job center close per U.S. Census ACS data — US-395 and I-580 are the spine connecting the neighborhood to the rest of the region.

Drive Times from The Villas at Lakeridge

  • 2 minLakeRidge Golf CourseAdjacent
  • 5 minSouth Virginia ShoppingVia local roads
  • 10 minDowntown RenoVia Plumas St / US-395
  • 12 minReno-Tahoe Intl AirportVia US-395 / I-580
  • 15 minUniversity of Nevada, RenoVia US-395
  • 20 minSparksVia I-80
  • 45 minLake TahoeVia NV-431 Mt Rose Hwy
  • 35 minCarson CityVia I-580 / US-395 S

Transportation Options

  • Driving

    The primary transportation mode in Southwest Reno. Plumas Street and US-395 connect the neighborhood to downtown, the airport, and I-580 within minutes — one of the most central golf-course addresses in the city.

  • Walking & Greenbelt Trails

    The Villas' on-site greenbelt trails and the adjacent Caughlin Ranch trail network make walking a genuine daily option, though most errands require a car.

  • RTC Transit

    The Regional Transportation Commission operates bus routes along South Virginia Street and major Southwest Reno corridors, with connections to downtown and the airport for residents who prefer transit.

  • Air Travel

    Reno-Tahoe International Airport is just 12 minutes via US-395 and I-580 — direct flights to Seattle, Los Angeles, Denver, Phoenix, and San Francisco. One of the closest residential airport access points in the metro.

Drive times are typical off-peak estimates for the route named; check live traffic before you rely on one.

Quick Answer

How long does it take to close on a townhome in The Villas at Lakeridge?

Most Villas at Lakeridge townhome purchases close in 30–45 days; cash offers close in 7–14 days. Financed purchases need conventional underwriting — most units fall within conforming limits — so expect 30–40 days from accepted offer to funding. The lender must also approve the HOA as warrantable; confirm this early, since some established associations require extra review.

Quick Answer

What credit score do you need to buy a Villas at Lakeridge townhome?

Most Villas at Lakeridge townhomes fall within conforming loan limits, so conventional financing typically requires a 620+ credit score, with the best rates at 740+. Down payments range from 3% for some first-time-buyer programs to 20% to avoid private mortgage insurance. Condo and townhome buyers should confirm the HOA is warrantable — lenders review the association's reserves, owner-occupancy ratio, and insurance before approving. Cash buyers face no credit requirement but should still budget 1–2% of the purchase price for closing costs.

The Villas at Lakeridge FAQ — 18 Answers

What Do The Villas at Lakeridge Buyers Most Frequently Ask?

Most Asked

What is the median home price in The Villas at Lakeridge?

The Villas at Lakeridge townhomes price from the $350,000s for smaller one- and two-bedroom units to the $600,000s for larger golf-adjacent plans, per Northern Nevada Regional MLS data for ZIP 89509. The median list price runs near $579,000 per NREG’s analysis of NNRMLS data — an attainable entry below the Caughlin Ranch and Old Southwest Reno tiers above $600,000.

What makes The Villas at Lakeridge different from other Southwest Reno neighborhoods?

The Villas at Lakeridge is a low-maintenance townhome and condo enclave set directly on the LakeRidge Golf Course — a Robert Trent Jones design open since 1969. Most Southwest Reno neighborhoods are single-family homes that require full yard upkeep; The Villas instead offers HOA-covered exteriors, mature parklike greenbelts, water features, and golf-course adjacency just four and a half miles from downtown Reno, at a price point that single-family listings nearby cannot match.

What types of properties are in The Villas at Lakeridge?

The Villas at Lakeridge is primarily a townhome and condo community of contemporary one- and two-story units ranging from roughly 1,160 to 2,100 square feet, with one to three bedrooms. Many feature wood-burning fireplaces in the great room, formal dining rooms, eat-in kitchens, large private decks overlooking greenbelts, attached garages, and walk-in closets. All fall under HOA management covering building exteriors, common-area landscaping, and the shared amenities.

Is The Villas at Lakeridge a gated community?

No — The Villas at Lakeridge is not a guard-gated community. It is an open, established townhome neighborhood in Southwest Reno, accessible without staffed entry gates. Security comes through HOA governance, mature low-traffic streets, and the naturally quiet character of the greenbelt setting next to the golf course. Buyers who want staffed gates should look at nearby gated options such as ArrowCreek or Montreux.

What are HOA fees like in The Villas at Lakeridge?

HOA dues at The Villas at Lakeridge generally run $350–$550 per month depending on unit size and the specific association, and they typically cover exterior building maintenance, the landscaped greenbelts and water features, walking trails, the clubhouse, tennis courts, and common-area insurance. Contact Nevada Real Estate Group at (775) 277-2120 for current HOA dues on any specific listing — dues, reserve fund health, and any pending special assessments should all be verified during escrow.

What amenities does The Villas at Lakeridge offer?

Residents of The Villas at Lakeridge enjoy a clubhouse, community tennis courts, and walking trails set among mature, landscaped greenbelts and water features, with the LakeRidge Golf Course right next door. Individual townhomes commonly add wood-burning fireplaces, formal dining rooms, large private decks overlooking the greenbelts, and attached garages — combining low-maintenance ownership with a resort-like daily setting in Southwest Reno.

What schools serve The Villas at Lakeridge?

The Villas at Lakeridge is in the Washoe County School District, which serves all of Southwest Reno. Hunter Lake Elementary, Swope Middle, and Reno High are among the schools commonly assigned to this part of ZIP 89509, though boundaries shift. Confirm current elementary, middle, and high school assignments by exact street address with WCSD or the Washoe County Assessor before purchasing, since the district occasionally adjusts attendance zones.

How far is The Villas at Lakeridge from downtown Reno?

The Villas at Lakeridge sits about four and a half miles — roughly ten minutes — from downtown Reno via Plumas Street and US-395. Reno-Tahoe International Airport is about twelve minutes via US-395 and I-580, South Virginia Street shopping is about five minutes, and Lake Tahoe is roughly forty-five minutes via NV-431 (the Mount Rose Highway). That central Southwest Reno position is a core reason the neighborhood holds long-term appeal.

What are property taxes like in The Villas at Lakeridge?

Property taxes at The Villas at Lakeridge fall under Washoe County's jurisdiction. Nevada's effective property-tax rate runs roughly 0.5–0.7% of market value, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.4723 once the owner claims it (homes that are not owner-occupied get a cap of up to 8%). On a $579,000 Villas townhome, the annual tax bill typically runs approximately $2,900–$4,050 per Washoe County Assessor data. Nevada also levies no state income tax, a meaningful advantage for retirees and relocating buyers carrying retirement or investment income.

Is The Villas at Lakeridge good for downsizers?

Yes — The Villas at Lakeridge is a long-standing favorite for downsizers. Single-level and two-story townhomes with HOA-covered exterior maintenance, mature parklike grounds, attached garages, and direct adjacency to the LakeRidge Golf Course let owners trade yard work for lock-and-leave convenience. The central Southwest Reno location keeps downtown, the airport, shopping, and Lake Tahoe within easy reach, which appeals strongly to empty-nesters and active retirees.

How competitive is The Villas at Lakeridge real estate market?

The Villas at Lakeridge holds a relatively small number of townhome and condo units, so well-priced listings can move quickly. Per NNRMLS data for ZIP 89509, attainable golf-course townhomes in the $350K–$550K band typically go under contract in roughly 55 days, while larger golf-adjacent floor plans with the best greenbelt views may take longer. When a Villas unit is priced correctly for its size and view, buyer competition from downsizers and golfers can accelerate the timeline.

What is the investment case for The Villas at Lakeridge townhomes?

The Villas at Lakeridge pairs an irreplaceable golf-course setting with attainable townhome pricing in a supply-constrained, mature Southwest Reno pocket. The established 1978 community cannot be replicated, the LakeRidge Golf Course anchors long-run desirability, and HOA-covered maintenance supports rental and lock-and-leave demand. Nevada's zero state income tax and 3% property-tax cap under NRS 361.4723 add favorable carrying math. Buyers planning a 5+ year hold benefit from steady appreciation and downsizer-driven resale demand.

How does The Villas at Lakeridge compare to other Southwest Reno communities?

The Villas at Lakeridge is the attainable golf-course townhome tier of Southwest Reno — typically $350K–$650K, versus single-family Caughlin Ranch foothill homes from roughly $600K and Old Southwest Reno character homes from about $500K. Somersett, a Northwest Reno golf master plan, offers newer construction with more amenities. The Villas wins on established greenbelt setting, direct golf adjacency, and HOA-covered low-maintenance ownership at a lower price floor than the surrounding single-family market.

What should I budget for monthly costs in The Villas at Lakeridge?

At a $579,000 Villas at Lakeridge purchase with 20% down at 7% interest, principal and interest runs approximately $2,530 per month. Add Washoe County property tax of roughly $235–$280 per month, HOA dues of $350–$550 per month, and homeowners insurance. Total monthly carrying costs for a financed purchase typically run $3,300–$3,700 before accounting for Nevada's zero state income tax savings, which can offset a meaningful share for relocating buyers with retirement or investment income.

What do Villas at Lakeridge buyers need to know about the HOA?

Before writing an offer on any Villas at Lakeridge townhome, request the full HOA document package: CC&Rs, bylaws, meeting minutes from the past two years, the reserve fund study, the current operating budget, and any pending or recently levied special assessments. Roof replacement, exterior repaint, and greenbelt/water-feature upkeep are common reserve line items in an established 1978 community — a reserve fund below 70% funded is a yellow flag. Confirm whether the HOA carries master hazard insurance on the buildings or whether each owner must carry individual dwelling coverage.

What is the minimum down payment to buy in The Villas at Lakeridge?

Most Villas at Lakeridge townhomes price between $350K and $650K, well within conforming loan territory under the 2026 limit of $832,750. Conventional financing typically requires 3–5% down for primary residences, though 20% down avoids private mortgage insurance; on a $579,000 purchase that means $115,800 down to skip PMI, or roughly $20,300 at 3.5%. Condo and townhome lenders may require the HOA to be warrantable — confirm that early. Budget an additional 1–2% for closing costs. Call Nevada Real Estate Group at (775) 277-2120 to confirm current programs for Southwest Reno townhomes.

Is The Villas at Lakeridge a good fit for golfers?

The Villas at Lakeridge is one of the strongest golf-lifestyle propositions in Southwest Reno — the community sits directly on the LakeRidge Golf Course, a Robert Trent Jones design open since 1969 and a perennial Best of Reno pick. Townhomes back to mature greenbelts and water features, HOA-covered exteriors mean lock-and-leave convenience for traveling golfers, and the $350K–$650K range is attainable versus single-family golf homes nearby. The critical step: verify the specific unit's greenbelt or fairway positioning and HOA dues before buying.

Can Nevada Real Estate Group help me buy or sell a Villas at Lakeridge townhome?

Yes — Nevada Real Estate Group represents buyers and sellers throughout Southwest Reno, including Villas at Lakeridge townhome and condo transactions. Our agents prepare a custom CMA using NNRMLS closed data specific to ZIP 89509 and The Villas' townhome tier. We have the buyer network to reach downsizers, golfers, and relocating buyers who consistently target established Southwest Reno. Call (775) 277-2120 or submit the form below for a no-obligation consultation.

Updated November 2026

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PEOPLE ALSO ASK

What Else Do People Ask About The Villas at Lakeridge?

Beyond the main FAQ, these are the questions Villas at Lakeridge buyers most frequently type into Google and AI assistants — each answered with verifiable specifics: prices sourced from the NREG’s MLS analysis, HOA dues from association records, floor-plan details from community data, and GreatSchools 2026 school ratings.

Is The Villas at Lakeridge a good investment?

The Villas at Lakeridge offers an attainable entry into established Southwest Reno golf-course living — a structurally constrained, mature community. The fixed unit count supports long-run value, HOA-covered maintenance draws downsizer and rental demand, and Nevada's zero state income tax plus the 3% property-tax cap under NRS 361.4723 create favorable ownership math. Buyers planning 5+ year holds have historically seen steady appreciation in ZIP 89509.

What is The Villas at Lakeridge in Reno?

The Villas at Lakeridge is an established townhome and condo community in Southwest Reno, Nevada, set among mature greenbelts and water features directly on the LakeRidge Golf Course. First built in 1978, it offers contemporary one- and two-story units from roughly 1,160 to 2,100 square feet, HOA-covered exterior maintenance, a clubhouse, and tennis courts — an attainable entry into one of Reno's most desirable golf-course settings at $350K–$650K.

Can I rent out a unit in The Villas at Lakeridge?

Renting in The Villas at Lakeridge is subject to two layers of rules: (1) the specific association CC&Rs, which may cap the number of rentals or set minimum lease terms; and (2) City of Reno short-term rental ordinances if you intend nightly rentals. Long-term rentals are generally more straightforward and draw steady downsizer and professional demand. Verify both before purchasing as an investment, and request the HOA rental policy during escrow.

What is the LakeRidge Golf Course?

The LakeRidge Golf Course is a Robert Trent Jones-designed 18-hole course in Southwest Reno, open since 1969 and a perennial Best of Reno pick — known for its dramatic island green and Sierra foothill setting. The Villas at Lakeridge sits directly adjacent to the course, giving residents a sought-after golf-course setting at a townhome price point well below single-family golf homes nearby.

How close is The Villas at Lakeridge to downtown Reno?

The Villas at Lakeridge is about four and a half miles — roughly ten minutes — from downtown Reno via Plumas Street and US-395. That central Southwest Reno position also puts the airport twelve minutes away, UNR fifteen minutes, and South Virginia Street shopping five minutes — one of the most conveniently located golf-course communities in the city.

What are the best units in The Villas at Lakeridge?

Larger three-bedroom townhomes with direct greenbelt or fairway views typically command premium pricing — these are the $520K–$650K floor plans of roughly 2,100 square feet. Smaller one- and two-bedroom units in the $350K–$450K range offer the most attainable entry. Single-level units are especially sought-after by downsizers, and floor plans with great-room fireplaces and large private decks tend to draw the strongest buyer interest.

Is Southwest Reno worth the premium over other Reno areas?

For buyers who want golf-course living, mature greenbelts, and a central location near downtown, Southwest Reno — including The Villas at Lakeridge — is uniquely positioned. The established setting and tree-lined character cannot be replicated by newer outlying construction. For buyers who don't prioritize the golf-and-greenbelt lifestyle, South Reno master-planned communities offer newer homes at comparable or slightly higher pricing.

What is the drive to Lake Tahoe from The Villas at Lakeridge?

NV-431 (the Mount Rose Highway) climbs from Southwest Reno to Mount Rose Ski Tahoe and the north shore of Lake Tahoe in about 45 minutes — a scenic Sierra Nevada route through forest and meadows. In winter, the road is subject to chain controls and occasional closures during heavy snow. AWD/4WD vehicles and chains are recommended for regular Tahoe trips; during severe storms, plan for delays or alternate routing via US-50 from Carson City.

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Deep knowledge of Southwest Reno townhome communities — HOA structures, reserve studies, golf-course positioning, and warrantability — plus 150+ licensed agents and 9,097+ verified five-star reviews. With 9,600+ closed transactions and $4.85B+ in total volume, Nevada Real Estate Group ranks #1 in Nevada, covering every Villas at Lakeridge tier from entry units to golf-adjacent townhomes.

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NEARBY COMMUNITIES

Which Communities Are Near The Villas at Lakeridge?

Compare The Villas at Lakeridge with neighboring Southwest Reno areas and nearby Reno options. Each card pairs the drive time to The Villas with the community's price positioning, so you can judge whether an adjacent community buys you a meaningfully different lifestyle.

5 MIN W

Caughlin Ranch

$750K

5 min from The Villas

View Caughlin Ranch →

5 MIN N

Old Southwest Reno

$650K

5 min from The Villas

View Old Southwest Reno →

20 MIN NW

Somersett

$700K

20 min from The Villas

View Somersett →

10 MIN N

Downtown Reno

$420K

10 min via Plumas St

View Downtown Reno →

8 MIN N

Midtown Reno

$450K

8 min from The Villas

View Midtown Reno →

15 MIN S

South Reno

$680K

15 min via I-580

View South Reno →

A–Z INDEX

Which Reno Communities Can You Explore?

Key Reno communities — from The Villas at Lakeridge golf-course townhomes to Caughlin Ranch foothill estates to historic Old Southwest Reno. Every linked entry opens a dedicated page with current NNRMLS listings, price ranges, and HOA details for that specific community.

Sources & Methodology

Where Does This Villas at Lakeridge Data Come From?

Every statistic on this page is sourced from a primary or government dataset, and we refresh these numbers monthly. The organizations below — from the U.S. Census Bureau to the NREG’s analysis of NNRMLS data — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.

  1. NREG analysis of NNRMLS data — Median sold price, days on market, list-to-sold ratio, and monthly MLS statistics for ZIP 89509 (Southwest Reno / The Villas at Lakeridge). NREG market report
  2. Northern Nevada Regional MLS (NNRMLS) — Active listings, inventory counts, price-per-square-foot, and community-level data for The Villas at Lakeridge and Southwest Reno. nnrmls.com
  3. U.S. Census Bureau — Population, demographics, household income, age distribution, and education attainment (ACS) for Reno and ZIP 89509. data.census.gov
  4. U.S. Census Bureau — Population estimates and change since 2020 for Reno, Sparks and Washoe County (QuickFacts). census.gov/quickfacts
  5. U.S. Bureau of Labor Statistics — Reno-Sparks MSA unemployment rate, employment by sector, and wage data used in the economy section. bls.gov/reno-sparks
  6. Washoe County Assessor — Property tax rates, assessed values, and parcel data for Southwest Reno and The Villas at Lakeridge (ZIP 89509). washoecounty.gov/assessor
  7. Washoe County School District — School assignments, enrollment, and district performance data for Southwest Reno schools serving The Villas at Lakeridge. washoeschools.net
  8. GreatSchools.org — K-12 school ratings, test scores, and student-teacher ratios for schools near The Villas at Lakeridge. greatschools.org
  9. Nevada Report Card — Official Nevada DOE school performance data cross-referenced with GreatSchools ratings. nevadareportcard.nv.gov
  10. City of Reno — Parks, trails, transportation, and short-term rental ordinance information for Southwest Reno. reno.gov
  11. Freddie Mac PMMS — Mortgage rate weekly survey used in the payment calculator and buy-vs-rent model. freddiemac.com/pmms
  12. Nevada Revised Statutes — Property tax cap (NRS 361.4723) and Nevada residency / DMV deadlines cited in relocation guide. leg.state.nv.us/nrs
  13. Washoe County Sheriff — Annual crime statistics for Southwest Reno and surrounding Washoe County areas used in the safety section. washoecounty.gov/sheriff

Methodology: Listing counts, prices and days on market are NREG's analysis of Northern Nevada Regional MLS data received through the Repliers feed; this page refreshes them about once a day, and each market figure carries its date or window. Census and BLS figures are the published vintage named beside them and change only when the agency releases new estimates. Confirm details for a specific home with its listing and the responsible agency.

Updated: November 2026 · Next update: November 15

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