$649,000

Park Tower Condos 280 Island Ave Unit 1602 Reno, NV 89501

MidTown Neighborhood

Estimated payment $4,854/month

Total Views 2,944
2 Beds
2 Baths
1,651 Sq Ft
$393 Price per Sq Ft

Highlights

  • Views of Ski Resort
  • Water Access
  • Spa
  • Mount Rose K-8 School of Languages Rated A-
  • Unit is on the top floor
  • 1-minute walk to Barbara Bennett Park

About This Home

Penthouse Living on the Truckee River at Park Towers Experience one of Reno's most sought-after addresses with this spacious 2-bedroom, 2-bath penthouse residence perched directly above the Downtown Riverwalk. This rare offering combines unmatched convenience with some of the most breathtaking views in the city - panoramic vistas of the Truckee River, the skyline, and the surrounding mountains, visible from nearly every room. The open layout is filled with natural light thanks to floor-to-ceiling windows and sliding doors that frame the views and create an easy flow between living, dining, and entertaining areas. Two oversized balconies are connected directly to the living and dining spaces - perfect for enjoying morning coffee, hosting friends, or simply relaxing while watching the river below and the city lights at night. Both bedrooms are generously sized, each featuring its own walk-in closet. The unit has been well cared for and updated, offering a comfortable balance of modern touches and timeless design. Despite being in the heart of the city, the home is exceptionally quiet, creating a private retreat above it all. The location is unbeatable - just steps from restaurants, coffee shops, and entertainment venues, with Midtown Reno only minutes away. Daily needs are also at your fingertips with groceries and shopping nearby. Whether you prefer walking, biking, or scootering, this residence makes it effortless to enjoy the best of Downtown and Midtown living. If you've been waiting for a riverfront penthouse that combines space, convenience, and unforgettable views, this is one of Reno's finest opportunities.

Listing Agent

Cameron Argon

Cal Neva Realty License #S.197974 Listed on: 10/08/2025

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $1,829

Year Built

  • Built in 1961

Lot Details

  • Two or More Common Walls
  • Security Fence

HOA Fees

  • $1,288 Monthly HOA Fees

Property Views

  • Ski Resort
  • Woods
  • Peek-A-Boo
  • Valley
  • Park or Greenbelt

Home Design

  • Flat Roof Shape
  • Brick or Stone Mason
  • Brick Foundation
  • Shingle Roof
  • Composition Roof
  • Asbestos
  • Masonry
  • Stucco

Interior Spaces

  • 1,651 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Double Pane Windows
  • Aluminum Window Frames
  • Entrance Foyer
  • Living Room with Fireplace
  • Intercom

Kitchen

  • Electric Oven
  • Microwave
  • Disposal

Flooring

  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • Double Master Bedroom
  • Walk-In Closet
  • 2 Full Bathrooms
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry Room
  • Laundry in Kitchen
  • Dryer
  • Washer

Parking

  • Attached Garage
  • Tuck Under Parking
  • Assigned Parking

Outdoor Features

  • Spa
  • Water Access
  • River Nearby
  • Covered Deck
  • Covered Patio or Porch

Schools

  • Mt. Rose Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Central Air
  • Hot Water Heating System
  • Gas Available
  • Water Heater

Additional Features

  • Stair Lift
  • Unit is on the top floor

Listing and Financial Details

  • Assessor Parcel Number 011-476-02

Community Details

Overview

  • Association fees include gas, insurance, sewer, snow removal, trash, utilities, water
  • $150 HOA Transfer Fee
  • Western Nevada Managment Association, Phone Number (775) 624-3925
  • Park Towers Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • Greenbelt

Recreation

  • Snow Removal

Security

  • Resident Manager or Management On Site
  • Gated Community
  • Fire and Smoke Detector

Property Details

Home Type

Condominium

Est. Annual Taxes

$1,829

Year Built

Built in 1961

Lot Details

0

HOA Fees

$1,288 per month

Listing Details

  • Year Built: 1961
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Greenbelt, Level
  • Lot Size Acres: 0.04
  • Road Frontage Type: City Street
  • Is Senior Community?: No
  • Spa Features: None
  • Has Spa?: No
  • Has View?: Yes
  • Water Body Name: Truckee River
  • Security Features: Security Fence, Smoke Detector(s)
  • Association Amenities: Gated, Maintenance Grounds, Maintenance Structure, Management
  • Association Fees: 1287.78
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Gas, Insurance, Sewer, Snow Removal, Trash, Utilities, Water
  • Has H O A?: Yes
  • Co List Office Mls Id: 627501206-o
  • Co List Office Phone: 775-473-9531
  • Special Conditions: Standard
  • Subdivision Name: Park Towers
  • Has Cooling?: Yes
  • Has Fireplace?: Yes
  • Living Area: 1651.0
  • Is New Construction?: No
  • Property Attached Yn: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Mt. Rose
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 1829.36
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1287.78
  • Building Stories5: 1
  • Building Property Attached Y N: No
  • Lot Lot Size Acres2: 0.04
  • Lot Lot Size Square Feet2: 1651.0
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 150.0
  • Lot View Y N2: Yes
  • Construction Materials Asbestos: Yes
  • Cooling Central Air: Yes
  • Lot Features Level: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • View Mountain(s): Yes
  • Appliances Microwave: Yes
  • Association Amenities Gated: Yes
  • Association Amenities Maintenance Grounds: Yes
  • Association Amenities Management: Yes
  • Association Fee Includes Snow Removal2: Yes
  • Security Features Security Fence: Yes
  • Construction Materials Stucco: Yes
  • Construction Materials Brick: Yes
  • View Peek: Yes
  • View Valley: Yes
  • View Trees Woods: Yes
  • Other Rooms Entrance Foyer2: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • Lot Features Greenbelt: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Maintenance Structure: Yes
  • Foundation Details Brick Mortar: Yes
  • Typeof Construction Masonry4: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: Western Nevada Managment
  • Water Body View Yes2: Yes
  • View Skirt: Yes
  • Water Body Type River: Yes
  • Association Community Senior Community Y N3: No
  • Lot Features Adjoins River: Yes
  • Other Equipment Intercom: Yes
  • Water Heater Recirculating: Yes
  • Association Fee Includes Gas2: Yes
  • Association Fee Includes Trash2: Yes
  • Association Fee Includes Water2: Yes
  • Association Fee Includes Sewer: Yes
  • Fireplace Features Wood Burning: Yes
  • Association Details Management Company Phone5: 775-624-3925
  • Appliances Electric Oven: Yes
  • Building New Construction Y N3: No
  • Lot Spa Y N: No
  • Association Details Total Transfer Fees: 150.0
  • Levels One: Yes
  • Miscellaneous Zoning Info Historical District Y N: No
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Lot Water Body Access Y N3: Yes
  • Outdoor Living Spaces Features Covered Patio: Yes
  • Outdoor Living Spaces Features Covered Deck: Yes
  • Common Walls2 Common Walls: Yes
  • Outdoor Living Spaces Features Uncovered Deck: Yes
  • Association Type Condominium Owners Association: Yes
  • Association Amenities Onsite Management2: Yes
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Disposal, Dryer, Electric Oven, Microwave, Refrigerator, Washer
  • Flooring: Carpet, Ceramic Tile
  • Other Equipment: Intercom
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Interior Amenities: Elevator, Lift or Stair Chair, Entrance Foyer, Pantry, Primary Downstairs, Walk-In Closet(s)
  • Window Features: Double Pane Windows, Metal Frames
  • Interior Living Area4: 1651.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Fireplace Features Living Room: Yes
  • Interior Features Primary Downstairs: Yes
  • Window Features Double Pane Windows: Yes
  • Laundry Features In Kitchen: Yes
  • Dining Room Features Separate Formal Room2: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Laundry Features Laundry Area: Yes
  • Kitchen Features Disposal2: Yes
  • Window Features Metal Frames: Yes
  • Interior Features Walk- In Closet(s): Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Walk- In Closet(s)2: Yes
  • Primary Bedroom Features Additional Primary Bedroom: Yes
  • Unit Level Top Floor: Yes
  • Interior Features Entrance Foyer: Yes
  • Interior Features Elevator Liftor Stair Chair: Yes
  • Interior Accessory Dwelling Unit Y N2: No

Exterior Features

  • Exterior Features: None
  • Roof: Composition, Flat, Shingle
  • Stories: 1
  • View: City, Mountain(s), Park/Greenbelt, Peek, Ski Resort, Trees/Woods, Valley
  • Pool Features: None
  • Has Private Pool?: No
  • Waterfront: No
  • Common Walls: 2+ Common Walls
  • Construction Type: Asbestos, Brick, Stucco
  • Foundation Details: Brick/Mortar
  • Other Structures: None
  • Patio And Porch Features: Patio, Deck
  • Roof Composition: Yes
  • Roof Shingle: Yes
  • Roof Flat: Yes
  • Lot Pool Private Y N: No
  • Lot Waterfront Y N2: No

Garage/Parking

  • Has Attached Garage?: Yes
  • Has Carport?: No
  • Has Attached Garage?: No
  • Parking Features: Assigned, Attached, Under Building
  • Parking Information Garage Y N: No
  • Parking Information Carport Y N: No
  • Parking Features Attached: Yes
  • Parking Features Under Building: Yes
  • Parking Features Assigned: Yes

Utilities

  • Utilities: Sewer Available, Water Available
  • Water Source: Public
  • Laundry Features: In Kitchen, Laundry Area
  • Cooling: Central Air
  • Heating: Fireplace(s), Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Water Source Public: Yes
  • Heating Fireplace(s): Yes
  • Heating Hot Water2: Yes
  • Association Fee Includes Utilities: Yes

Condo/Co-op/Association

  • Association Name: PTHA First Service

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011-476-02
  • Fencing: None
  • Lot Size Sq Ft: 1651.0
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 1829.36

MLS Schools

  • Elementary School: Mt. Rose
  • HighSchool: Reno

Map

About Park Tower Condos

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,829 $92,502 $44,730 $47,772
2024 $1,829 $91,590 $43,890 $47,700
2023 $1,722 $86,769 $43,085 $43,684
2022 $1,547 $68,565 $32,795 $35,770
2021 $1,399 $55,553 $20,720 $34,833
2020 $1,378 $59,036 $23,905 $35,131
2019 $1,336 $56,735 $23,905 $32,830
2018 $1,256 $45,592 $13,405 $32,187
2017 $1,245 $45,257 $13,405 $31,852
2016 $1,207 $40,650 $9,590 $31,060
2015 $299 $36,966 $6,230 $30,736
2014 $1,195 $41,108 $6,230 $34,878
2013 -- $31,755 $7,105 $24,650
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
10/08/2025 10/08/25 For Sale $649,000 +1.4% $393 / Sq Ft
08/28/2024 08/28/24 Sold $640,000 -1.5% $388 / Sq Ft View Prior Sale
07/25/2024 07/25/24 Pending -- -- --
07/08/2024 07/08/24 For Sale $650,000 +20.4% $394 / Sq Ft
06/25/2021 06/25/21 Sold $540,000 -6.1% $327 / Sq Ft View Prior Sale
05/05/2021 05/05/21 Pending -- -- --
03/01/2021 03/01/21 Price Changed $575,000 -4.0% $348 / Sq Ft
11/11/2020 11/11/20 For Sale $599,000 0.0% $363 / Sq Ft
11/06/2020 11/06/20 Pending -- -- --
10/18/2020 10/18/20 For Sale $599,000 -- $363 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed -- Stewart Title
Bargain Sale Deed -- Stewart Title
Bargain Sale Deed $640,000 Stewart Title
Bargain Sale Deed $540,000 Ticor Title Reno
Bargain Sale Deed $350,000 First Centennial Title Co
Grant Deed $429,000 Founders Title Company Of Nv
Bargain Sale Deed $440,000 --
Bargain Sale Deed -- First American Title
Bargain Sale Deed $2,509,500 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $340,000 New Conventional
Previous Owner $343,200 Fannie Mae Freddie Mac
Closed $64,350 No Value Available
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250056804

Northern Nevada Regional MLS

APN: 011-476-02

Nevada Washoe County Reno 89501 MidTown

280 Island Ave Unit 1602, Reno, NV

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Nearby Homes
Listing Agent
Cameron Argon
Section Image
Cal Neva Realty
(775) 514-9489