$452,531Average Value$270Average Price per Sq Ft31Homes For Sale
Cold Springs: A cost-effective community
It’s not too far off to see someone enjoying a nice paraglide when you look in the sky in Cold Springs. A part of Reno’s North Valleys neighborhoods, Cold Springs sits along the Nevada-California border against a mountainous backdrop and is perfect for hikers, bikers and anyone who enjoys the elevation of the desert hills. Outdoor recreation is the ultimate, and new homes are joining older ones to give the community an amazing mix of something for everyone.
Cold Springs is North of Central Reno and and is bordered to the West by California.
Aside from a few schools and convenience stores Cold Springs is mostly residential in nature.
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Horseback riding at Silver Knolls
Nonstop trails and grassy green spaces make Cold Springs an ideal community for those who enjoy the outdoors. Silver Knolls Park is an equestrian expert’s dream as it houses horseback riding, hiking trails, a horse arena, youth sports fields and an open multipurpose green space. More soccer fields are found at the 13-acre Village Center Park, along with playgrounds, picnic areas and walking paths. White Lake sits right in the neighborhood along US Route 395, with Silver Lake just across North Red Rock Road in Stead. Both are favorite fishing spots for avid anglers in the area.
Silver Knolls Park has excellent views of the mountains in Reno.
Recreating in Cold Springs means large mountain backdrops from every angle.
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New homes at a nice price
Calm and quiet fill the air around Cold Springs, as comfortable homes with well-maintained lawns and yards line the streets. New home developments fill hilltop cul-de-sacs, featuring a variety of styles that include modern colonial style, single-story traditional and contemporary. Since older homes aren’t bound to HOA guidelines, a little flare gets flashed in custom decorative gates and private entrances to show off the owners’ creativity, especially during the holiday season. “As you’re going out to the North Valleys, you have Sun Valley, Golden Valley, Lemmon Valley, and you also have Stead and Cold Springs,” says Brian Lessinger, Realtor and President of The Lessinger Team under RE/MAX GOLD. “People move to the North Valleys because they’re cost-effective. Cold Springs and Stead have had a lot of new construction over the last 20 years, so you can get an inexpensive, relatively new house in those areas.” Lessinger also purchased his very first home in the North Valleys in the early 1990s. Prices in the area generally range from the $200,000s to the $600,000s, with newer homes starting around the $300,000 and $400,000 range.
The newest homes in Cold Springs have luxury interior finishes like plank flooring.
The most recent housing developments in Cold Springs have properties built as late as 2022.
The benefit to the oldest homes in Cold Springs are large lot sizes and lack of HOA fees.
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Up, up and away at the Great Balloon Race
Locals living their lives as they paraglide across the sky aren’t the only thing you’ll see when you look up in Cold Springs. Every September, the Great Reno Balloon Races take place at the nearby Rancho San Rafael Regional Park. Over the weekend, nearly 100 hot air balloons take to the sky, creating a colorful display as they race to the finish. The Great Balloon Races are now the world’s largest hot air balloon event and are free of charge for attendees.
The Great Reno Balloon Races is a popular annual event for residents of Cold Springs.
With plenty of open space in Cold Springs you will often see Paragliders cruising the skyline.
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Breakfast at Bordertown
Residents can stop by the local Raley’s to grab groceries and other everyday essentials. Red Rock Café & Sports Bar is a favorite among the North Valleys neighborhoods, offering an atmosphere of food, friends and fun as locals gather for sporting events, a little billiards or to enjoy each other’s company. The Kafana at Bordertown, located at the Bordertown Casino & RV Resort, is another dining destination, serving breakfast, lunch and dinner dishes. Coffee lovers can get their hands on Cold Springs’ only hand-crafted coffee at Carbon Coffee Co. With a wide variety of coffees, teas and energy drinks, the java-serving food truck also has small bites like breakfast sandwiches and cinnamon rolls to eat.
A popular dining option just South of Cold Springs is the Red Rock Cafe open seven days a week.
The turkey melt at The Kafana at Bordertown is cheap and delicious in Cold Springs.
The closest grocery store to Cold Springs is the Raley's in the North Hills Shopping Center.
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The front entrance to Nancy Gomes Elementary School in Reno.
New schools appeal to growing families
Served by the Washoe County School District, students can attend Silver Lake Elementary School and Cold Springs Middle School to prepare for studies at North Valleys High School. Troupe #6880 represents the school’s top-ranking theater program, which has won state and national titles. “The schools in Cold Springs are generally a lot newer, so parents really appreciate that when it comes to enrolling their kids,” says Lessinger. North Valleys and Cold Springs hold overall Niche grades of B-minus, while Silver Lake has a B.
Highways say hi to California
Nevada Route 161 is the northern border of the community, while US Route 395 is the southern border, leading residents directly to California to the west and Stead to the east. Locations like White Lake, the Sierra Nevada Zoological Park and Sierra Sage Golf Course can be found along 395, and the Reno-Stead Airport is just a short drive away for frequent fliers.
Cold Springs is minutes from the Sierra Nevada Zoological park, a sanctuary for exotic animals.
Former home of Hobbs the Liger
In nearby Raleigh Heights, the famous Sierra Nevada Zoological Park sits at the Stead-Raleigh Heights border along US Route 395. As a sanctuary for exotic, endangered animals, the zoo’s most famous resident was Hobbs the liger, whose time at the zoo put Sierra Nevada on the map. It also houses a petting zoo where children can interact with animals like llamas, alpacas, deer and sheep. The Sierra Nevada Zoo stays open year-round, hosting several events to celebrate various holidays and raise funds for its continued operation.
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The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process.
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On average, homes in Cold Springs, Reno sell after 51 days on the market compared to the national average of 52 days. The median sale price for homes in Cold Springs, Reno over the last 12 months is $446,000, consistent with the median home sale price over the previous 12 months.
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Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
