Downsizers / Empty-Nesters
- No yard work — HOA covers exteriors
- Single-level floor plans available
- LakeRidge Golf Course at the door
- Nevada zero income tax on retirement income

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.
MEDIAN LIST PRICE (ZIP 89509)
$595K
LVR / GLVAR via Repliers, as of September 18, 2026
DAYS ON MARKET
49
LVR / GLVAR via Repliers, as of September 18, 2026
COMMUNITY TYPE
Golf Townhomes
community-data-north.json
TO DOWNTOWN RENO
~10 min
Via Plumas St / US-395
Property research
Verify for your address
Confirm current school assignments, association documents, parcel taxes, and insurance with the applicable sources.
Last updated
June 21, 2026
Individual data periods may differ from the page update date.
KEY TAKEAWAYS
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 $594,500 per Reno/Sparks Association of REALTORS and NNRMLS data. The five takeaways below capture what those numbers mean for buyers in this Nevada State Demographer-tracked Washoe County corridor.
Last updated September 2026 · Sources: RSAR, U.S. Census, Nevada State Demographer
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 Reno/Sparks Association of REALTORS, 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.
PRICE DISTRIBUTION
The ZIP 89509 median list price for The Villas at Lakeridge townhomes sits near $595K per Reno/Sparks Association of REALTORS September 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.
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 Reno/Sparks Association of REALTORS and NNRMLS data.
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.
Updated daily · 1,586 active listings · MLS data
STAY AHEAD OF THE MARKET
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 Reno/Sparks Association of REALTORS, so buyers who see new listings within hours hold an edge — especially in the $350K–$500K entry band where competition is broadest.
Before choosing a home, request address-specific school assignments for the intended school year from the district. Confirm grade levels, program eligibility, enrollment requirements and any boundary changes. Use the exact property address, including any unit number, and ask the district to confirm the assignment before making a purchase decision.
Check Washoe school zoning · View Nevada Report Card
Compare each school’s programs and published results for the same reporting year. Proximity to a school does not guarantee admission; contact charter, magnet and private schools about their application and enrollment requirements.
CRIME DATA
Review reports from the law-enforcement agency serving the address. Check the reporting period, area covered, offense definitions and completeness before comparing locations. When requesting local information, provide the property address and ask which agency and geographic boundary each report represents, along with any known reporting gaps.
The FBI publishes crime and law-enforcement statistics through its Crime Data Explorer. Its guidance cautions against using crime totals alone to rank communities: reporting practices and local conditions affect comparisons.
A citywide statistic does not establish conditions at a particular home. Ask the local agency about current reports for the area and gaps in the available data. Missing records do not mean zero crime, and a gated entrance does not establish a safety rating.
FBI crime data resources · FBI guidance on comparing communities
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.
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.
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.
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.
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).
Quick Answer
The Villas at Lakeridge is one of the strongest downsizer propositions in Southwest Reno. Single-level and two-story townhomes, HOA-covered exterior maintenance, mature parklike greenbelts, and direct LakeRidge Golf Course adjacency let owners trade yard work for lock-and-leave convenience at an attainable $350K–$650K. Nevada's zero state income tax adds meaningful savings for retirees carrying retirement or investment income. The critical verification: confirm the unit's single-level layout and HOA reserve health before writing an offer.
Source: Nevada State Demographer
According to the U.S. Census Bureau, Southwest Reno carries a median household income above the Reno citywide average — consistent with an established golf-course enclave of professionals, downsizers, retirees, and California relocators. The Villas at Lakeridge draws buyers who prioritize low-maintenance townhome living and golf-course adjacency.
Home values in The Villas at Lakeridge have appreciated steadily as buyers discovered that an established Southwest Reno golf-course townhome at the $350K–$650K tier compares favorably on a tax-adjusted basis to comparable California golf communities. The community skews toward owner-occupant and downsizer usage with high educational attainment — a profile consistent with the broader Southwest Reno area.
Source: U.S. Census Bureau ACS estimates & Nevada State Demographer · Updated
GROWTH & APPRECIATION
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. The Nevada State Demographer projects continued Washoe County growth through 2030, supporting sustained demand for Southwest Reno townhome addresses.
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.
Sources: Nevada State Demographer and U.S. Census Bureau ACS. Median price figures from NNRMLS active listings; historical approximations. Last updated June 2026.
MARKET TRENDS · LAST 12 MONTHS
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 Reno/Sparks Association of REALTORS 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: Las Vegas REALTORS
Days on Market
28 → 34 days YoY — golf-townhome tier moves at a steady pace
vs September 2025
Source: Las Vegas REALTORS
Active Listings (The Villas / ZIP 89509)
~12 at any time — supply constrained by established build-out
vs September 2025
Source: Las Vegas REALTORS
The long view: Reno's median sold price rose 116% between 2015 ($273,230) and 2026 ($591,265), across 53,785 recorded closings — Northern Nevada Regional MLS (NNRMLS) records via Repliers.
INVENTORY IS TIGHT
Market Competitiveness
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.
The Villas at Lakeridge spans $350K entry one-bedroom units to $650K golf-adjacent townhomes — an attainable, low-maintenance address in established Southwest Reno. Six buyer profiles below match lifestyles to specific Villas options, followed by the honest pros and trade-offs our team walks every client through before they commit.
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 SearchNeighborhood Comparison
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 Reno/Sparks Association of REALTORS and NNRMLS. Prices span $475K for Villas townhomes to $1.5M+ for Caughlin Ranch foothill estates.
| Submarket | Median Price | $ / Sq Ft | Days on Market | Active Listings | Best For |
|---|---|---|---|---|---|
| The Villas at Lakeridge | $475,000 | ~$280+ | 34 | 12 | Golf · Townhomes · Low-Maintenance |
| Caughlin Ranch | $750,000 | ~$330+ | 38 | 20 | Foothill SFR · Trails · Family |
| Old Southwest Reno | $650,000 | ~$350+ | 30 | 15 | Historic · Character · Tree-Lined |
| Somersett | $700,000 | ~$310+ | 36 | 25 | NW Golf Master Plan · Newer · Amenities |
| Reno (all) | $520,000 | ~$300+ | 32 | 60 | Full Reno Inventory |
Source: Reno/Sparks Association of REALTORS and NNRMLS data, June 2026. Median prices based on active listings; days on market from closed sales.
Neighborhood Deep Dive
Submarket 1
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 →Submarket 2
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 →Submarket 3
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 →Submarket 4
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 →Submarket 5
The full Reno market across every neighborhood and price tier — from attainable condos to luxury foothill estates.
Browse Reno (all) homes →Submarket 6
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 →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).
STILL DECIDING?
BY ZIP CODE
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 | Primary Area | Median Price | $ / Sq Ft | Days on Market | Active | YoY |
|---|---|---|---|---|---|---|
| 89509 | Southwest Reno · The Villas · Caughlin Ranch | $650K | ~$330 | 34 | 180 | +3.0% |
| 89519 | Lakeridge · Plumas · Southwest Reno | $700K | ~$340 | 36 | 120 | +2.8% |
| 89523 | Somersett · Northwest Reno | $620K | ~$315 | 32 | 210 | +1.9% |
| 89521 | South Reno · Damonte Ranch | $680K | ~$320 | 32 | 220 | +2.4% |
| 89511 | South Reno · Galena · Foothills | $850K | ~$360 | 40 | 160 | +2.2% |
Source: Reno/Sparks Association of REALTORS 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.
Floor Plan & Unit Guide
The Villas at Lakeridge is an established 1978 townhome community of contemporary one- and two-story units from roughly 1,160 to 2,100 square feet. Floor plans run from smaller one-bedroom condo-style units to larger three-bedroom golf-adjacent townhomes, each with its own HOA dues and reserve position. Verify unit-specific documents and greenbelt positioning before you write.
Condo-Style · Ground Floor
Most attainable Southwest Reno golf entry; ~1,160 sq ft
Two-Story · Fireplace
Great-room fireplace, private deck, attached garage
Larger · Greenbelt Views
Best greenbelt and fairway positioning; ~2,100 sq ft
Single-Family · Foothill
Next tier up for buyers wanting a full lot
Historic · Character
Character single-family alternative nearby
Outdoor Recreation
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
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
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
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
A Washoe County regional park with trails, equestrian facilities, and an outdoor amphitheater — a Southwest Reno favorite minutes from The Villas.
10 MIN
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
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
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
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
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.
THIS WEEKEND'S OPEN HOUSES
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.
Build a budget around the particular home and your circumstances. Obtain current financing terms, property records and service quotes before comparing the cost of a move. A community average cannot establish your tax bill, insurance premium, association charges or savings.
Ask a tax adviser to review income sources, residency dates and any continuing connections to another state. California-source income can remain taxable after a move; the Franchise Tax Board explains part-year and nonresident rules. A headline tax-rate comparison does not calculate your savings.
Get the exact parcel's current tax bill and assessment record from its county. Confirm the property's abatement status and any effect of new construction, a change in use or your circumstances with the assessor. Do not apply a community-wide percentage to a purchase price or assume a tax cap is automatic.
Use lender estimates, insurance quotes, association documents and utility information for the exact address. Include maintenance, moving expenses and any special assessments in the comparison. Renting and buying involve different costs and obligations; future equity or resale gains are not assured.
Check school assignments for the enrollment year and ask about choice-program applications. Investigate parcel-specific hazards and permitted uses with the responsible agencies. Review travel routes and the features that matter to you instead of relying on a broad safety score or a neighborhood recommendation based on household type.
Discuss the homes, budget and timing you want to evaluate with the team.
Explore relocation planningRELOCATION TIMELINE
Plan the purchase and move around your circumstances and the property's verified requirements. Coordinate the transaction, possession and moving arrangements with the relevant parties. For license and vehicle questions, consult the Nevada DMV new-resident guide. Confirm your own deadlines and any exemptions directly with the agency.
Compare homes using your budget, accessibility needs, desired features and travel routes. Evaluate the particular property and surroundings using your own priorities; a neighborhood label does not establish its suitability.
Ask a lender for terms based on your circumstances and the property. Obtain the parcel tax record, insurance quotes, association charges and other recurring costs; a community-wide estimate cannot establish your payment or approval.
Discuss services, compensation, communication and touring arrangements with the agent. Confirm the details in the applicable agreement before relying on a promised service or access to a property.
Check school assignments with the district for the enrollment year and ask about separate program applications. Review parcel-specific flood, wildfire, utility, zoning and intended-use questions with the relevant agencies and service providers.
Discuss price, deposit, contingencies and the proposed schedule with your agent and lender. The signed contract determines the transaction deadlines; market averages do not promise when an offer will be accepted or a purchase will close.
Arrange appropriate inspections and review disclosures, title information, association documents and financing conditions. Investigate unresolved findings with the relevant specialist before the contractual decision deadlines.
Verify which utilities serve the address, what deposits or appointments are required, and when service can begin. Coordinate access and the moving date with the agreed possession terms and any building or association requirements.
Confirm completion and possession with the closing parties before arranging access. Consult the Nevada DMV's current new-resident guide for license, registration, documentation and exemption requirements that apply to you.
ECONOMY & JOBS
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 runs near historic lows — driven by Renown Health, UNR, Tesla, and Switch. The central Southwest Reno location keeps major job centers an easy commute.
Sources: U.S. Bureau of Labor Statistics, Nevada State Demographer. Last updated June 2026.
COMMUNITY COMPARISON
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 RSAR, the U.S. Census, and BLS Reno-Sparks MSA.
| Metric | The Villas at Lakeridge | Caughlin Ranch | Old Southwest Reno | Somersett |
|---|---|---|---|---|
| Median List Price | $475K | $750K | $650K | $700K |
| Price / Sq Ft | ~$280 | ~$330 | ~$350 | ~$310 |
| Days on Market | 34 | 38 | 30 | 36 |
| HOA / Month | $350–$550 | ~$100–$200 | Typically $0 | ~$150–$250 |
| Golf Adjacency | LakeRidge — direct | No | No | Somersett GC — varies |
| Property Type | Townhome / Condo | SFR | SFR | SFR |
| Guard-Gated | No | No | No | Some sub-villages |
| Maintenance | HOA-covered exterior | Owner | Owner | Owner |
| Best For | Golf · Downsizers · Low-Maint | Foothill Family · Trails | Historic · Character | Newer · Amenities |
Sources: Reno/Sparks Association of REALTORS, U.S. Census ACS. Last updated June 2026.
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.
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.
BUYING AND RENTING
Compare actual homes that meet the same needs over your expected time in the area. A purchase price and an advertised rent alone do not establish which option costs less. Use current quotes and separate monthly cash flow, upfront cash, and the amount you might recover when moving.
Start with the down payment, lender and closing charges, and any immediate repairs. Add principal and interest, property taxes, insurance, mortgage insurance where applicable, association dues, utilities and ongoing maintenance. Identify expenses paid outside escrow so they are included in your household budget.
For a later sale, model the remaining loan balance and selling expenses. Appreciation is uncertain; compare unchanged-price and lower-price cases as well as any growth assumption. Principal repayment builds an ownership interest, but that does not guarantee a profit or make every cash payment recoverable.
Use an actual lease offer and confirm the term, deposit, renewal provisions, parking, pet charges, utilities and renter's insurance. Record which maintenance services are included and any costs or restrictions associated with an early move. An advertised starting rent may not include every required charge.
Keep the comparison consistent: use the same time period, household needs and moving assumptions. Include the cash that remains available when a down payment is not used, without assuming a guaranteed investment return. Your need for flexibility and responsibility for repairs also matter alongside the financial figures.
There is no verified community-wide holding period or five-year equity gain shown here. Ask your lender to explain financing assumptions and have a tax professional assess any claimed tax benefit for your circumstances. Keep a copy of the quotes and dates so you can update the comparison before making an offer.
PROPERTY-SPECIFIC ASSOCIATION COSTS
A community name does not establish a property's current dues or all the associations that govern it. Obtain the applicable resale package, budget and governing documents for the exact address. Confirm the effective date and payment frequency of each fee with the association or its manager.
Identify master and sub-association dues separately. Check whether utilities, exterior maintenance, insurance, amenities or club access are included, optional or billed separately. A listing's monthly figure may omit a quarterly or annual charge, and an advertised amenity does not establish membership rights.
Ask about transfer, document, capital-contribution and other transaction fees, as well as approved or proposed assessments. Confirm who pays each item under the contract. Review available reserve and budget information; historical dues are not a guarantee of future charges.
Verify the actual rules for leasing, pets, parking, property changes and amenity access. Age restrictions and gate staffing require their own current documentation. Do not assume neighboring subdivisions or similarly named communities have identical rules, services or fees.
COMMUTE & TRANSPORTATION
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 based on average non-rush-hour conditions. Sources: Google Maps traffic data, RTC Washoe.
Quick Answer
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
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
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 $594,500 per Reno/Sparks Association of REALTORS — an attainable entry below the Caughlin Ranch and Old Southwest Reno tiers above $600,000.
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.
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.
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.
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.
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.
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.
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.
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 taxable value, and the state caps annual increases on a primary residence at 3% under Nevada Revised Statutes 361.471. On a $594,500 Villas townhome, the annual tax bill typically runs approximately $2,375–$3,325 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.
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.
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 49 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.
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 361.471 add favorable carrying math. Buyers planning a 5+ year hold benefit from steady appreciation and downsizer-driven resale demand.
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.
At a $594,500 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.
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.
Most Villas at Lakeridge townhomes price between $350K and $650K, well within conforming loan territory under the 2026 limit of $766,550. Conventional financing typically requires 3–5% down for primary residences, though 20% down avoids private mortgage insurance; on a $594,500 purchase that means $95,000 down to skip PMI, or roughly $16,625 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.
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.
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 September 2026
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PEOPLE ALSO ASK
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 Reno/Sparks Association of REALTORS, HOA dues from association records, floor-plan details from community data, and GreatSchools 2026 school ratings.
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 361.471 create favorable ownership math. Buyers planning 5+ year holds have historically seen steady appreciation in ZIP 89509.
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.
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.
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.
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.
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.
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.
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.
WHY NEVADA REAL ESTATE GROUP
Deep knowledge of Southwest Reno townhome communities — HOA structures, reserve studies, golf-course positioning, and warrantability — plus 150+ licensed agents and 9,061+ 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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Tell the team about your preferred area, budget, timing and property requirements. Ask about representation and the records needed to evaluate a particular home. Review current listings, comparable sales and the written terms of any services before deciding how to proceed. Contacting the team does not guarantee a purchase, sale price or response deadline.
NEARBY COMMUNITIES
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.
More Reno communities
Shopping the whole city? Browse all Reno homes for sale — live MLS listings updated daily.
A–Z INDEX
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.
KEEP LEARNING
These guides extend the research most Villas at Lakeridge buyers do next — exploring Caughlin Ranch single-family options, understanding historic Old Southwest Reno, and reviewing the broader Reno market — each written from the same NNRMLS data and primary sources used throughout this page.
GUIDE
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.
Read →GUIDE
Reno's historic tree-lined Southwest district — character single-family homes from about $500K, near downtown and the Truckee River.
Read →MARKET REPORT
Truckee Meadows and Northern Nevada market data, neighborhood comparisons, and every Reno and Lake Tahoe community page in one place.
Read →RELOCATION GUIDE
The Northern Nevada move playbook — taxes, cost of living, and neighborhoods.
Read →LIVING GUIDE
Jobs, cost, weather, and lifestyle for anyone weighing a move to Reno.
Read →Sources & Methodology
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 Reno/Sparks Association of REALTORS — supply the underlying data; follow any link to verify a figure or pull deeper detail than we publish here.
Methodology: Listing data is sourced via Repliers IDX feed (Las Vegas MLS) and refreshed every 15 minutes. Demographic and economic data are pulled monthly via Census/BLS APIs. School data is refreshed quarterly. All comparisons are like-for-like (same metric, same time period).
Updated: September 2026 · Next update: October 15