$850,000

50 N Sierra St Unit 601 Reno, NV 89501

Riverwalk Neighborhood

Estimated payment $6,045/month

Total Views 9,732
2 Beds
2 Baths
1,498 Sq Ft
$567 Price per Sq Ft

Highlights

  • Spa
  • Gated Community
  • Waterfront
  • Hunter Lake Elementary School Rated A-
  • City View
  • 1-minute walk to Downtown River Walk

About This Home

Experience refined living at The Palladio—Reno's premier luxury high-rise set along the scenic Truckee River. Perfectly positioned in the heart of downtown, this elegant 2-bedroom, 2-bath residence captures sweeping views of the river, city lights, and surrounding mountains through its expansive floor-to-ceiling windows. An open-concept layout creates effortless flow between the modern kitchen, great room, and generous dining area, ideal for both entertaining and everyday comfort. Step out onto your private terrace to enjoy sunrise reflections over the water or vibrant city evenings below. Sophisticated finishes, abundant natural light, and a seamless indoor-outdoor connection define the residence's timeless appeal. The Palladio offers resort-style amenities, including a riverfront pool and spa, secure parking, and on-site retail and dining—all within walking distance of Reno's best restaurants, galleries, and entertainment. Whether a full-time home or a lock-and-leave retreat, Unit 601 embodies the perfect balance of luxury, lifestyle, and location in the heart of the city.

Listing Agent

Jean Merkelbach

Engel & Volkers Lake Tahoe License #B.12934 Listed on: 10/15/2025

Engel & Volkers Lake Tahoe

Property Details

Home Type

  • Condominium

Est. Annual Taxes

  • $6,492

Year Built

  • Built in 2006

Lot Details

  • Waterfront
  • Two or More Common Walls
  • Landscaped

HOA Fees

  • $1,046 Monthly HOA Fees

Parking

  • 1 Car Garage
  • Parking Available
  • Common or Shared Parking
  • Garage Door Opener

Property Views

  • City
  • Woods
  • Mountain
  • Park or Greenbelt

Home Design

  • Pitched Roof
  • Membrane Roofing
  • Concrete Block And Stucco Construction
  • Concrete Perimeter Foundation

Interior Spaces

  • 1,498 Sq Ft Home
  • Wired For Data
  • High Ceiling
  • Double Pane Windows
  • Window Treatments
  • Aluminum Window Frames
  • Great Room
  • Combination Dining and Living Room
  • Smart Thermostat

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Electric Cooktop
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Brick
  • Carpet
  • Ceramic Tile

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Full Bathrooms
  • Jetted Tub in Primary Bathroom
  • Primary Bathroom includes a Walk-In Shower

Laundry

  • Laundry in Hall
  • Dryer
  • Washer

Accessible Home Design

  • Exterior Wheelchair Lift
  • Stair Lift
  • No Interior Steps

Outdoor Features

  • Spa
  • Water Access
  • River Nearby
  • Balcony
  • Patio

Location

  • Mid level unit with steps

Schools

  • Hunter Lake Elementary School
  • Swope Middle School
  • Reno High School

Utilities

  • Forced Air Heating and Cooling System
  • Air Source Heat Pump
  • No Water Heater
  • Internet Available
  • Cable TV Available

Listing and Financial Details

  • Lease Option
  • Assessor Parcel Number 011-526-01

Community Details

Overview

  • Association fees include insurance, ground maintenance, maintenance structure, sewer, snow removal, water
  • $350 HOA Transfer Fee
  • The Palladio HOA, Phone Number (775) 528-5977
  • Reno Community
  • The Palladio Subdivision
  • On-Site Maintenance
  • Maintained Community
  • The community has rules related to covenants, conditions, and restrictions
  • 13-Story Property

Amenities

  • Elevator
  • Community Storage Space

Recreation

  • Community Pool
  • Community Spa
  • Snow Removal

Security

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

Property Details

Home Type

Condominium

Est. Annual Taxes

$6,492

Year Built

Built in 2006

Lot Details

0

HOA Fees

$1,046 per month

Parking

1

Listing Details

  • Year Built: 2006
  • Property Sub Type: Condominium
  • Property Type: Residential
  • Horses: No
  • Lot Features: Level
  • Lot Size Acres: 0.03
  • 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: Fire Alarm, Fire Sprinkler System, Keyless Entry, Smoke Detector(s)
  • Association Amenities: Elevator(s), Gated, Maintenance, Maintenance Grounds, Maintenance Structure, Management, Parking, Pool, Spa/Hot Tub, Storage
  • Association Fees: 1046.0
  • Association Fee Frequency: Monthly
  • Association Fee Inclusions: Insurance, Maintenance Grounds, Maintenance Structure, Sewer, Snow Removal, Water
  • Has H O A?: Yes
  • Co List Office Mls Id: 1474-o
  • Co List Office Phone: 775-588-7710
  • Special Conditions: Standard
  • Subdivision Name: The Palladio
  • Has Cooling?: Yes
  • Has Fireplace?: No
  • Living Area: 1498.0
  • Is New Construction?: No
  • Contract Rent Control Y N2: No
  • Tax Legal Elementary School: Hunter Lake
  • Tax Legal Middle Or Junior School2: Swope
  • Tax Legal High School: Reno
  • Tax Legal Tax Annual Amount: 6492.18
  • Tax Legal Zoning4: MD-RD
  • Association Community Association Y N3: Yes
  • Association Community Association Fee3: 1046.0
  • Building Stories5: 13
  • Lot Lot Size Acres2: 0.034
  • Lot Lot Size Square Feet2: 1481.04
  • Lot Horse Y N2: No
  • Association Details Transfer Fee: 350.0
  • Lot View Y N2: 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 Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: 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
  • View Trees Woods: Yes
  • View Park Greenbelt: Yes
  • Association Amenities Storage: Yes
  • Association Amenities Maintenance Structure: Yes
  • Association Amenities Spa Hot Tub: Yes
  • Unit Level Mid Level: Yes
  • Association Community Association Fee Frequency3: Monthly
  • Association Details Management Company Name5: The Palladio HOA
  • Water Body View Yes2: Yes
  • Water Body Type River: Yes
  • Association Community Senior Community Y N3: No
  • Listing Terms Lease Option: Yes
  • Appliances Electric Range: Yes
  • Lot Features Adjoins River: Yes
  • Water Heater None29: Yes
  • Association Fee Includes Water2: Yes
  • Association Fee Includes Maintenance Structure2: Yes
  • Association Fee Includes Sewer: Yes
  • Security Features Fire Alarm: Yes
  • Association Details Management Company Phone5: 775-528-5977
  • Cooling Heat Pump: Yes
  • Security Features Fire Sprinkler System: Yes
  • Appliances Included As Personal Property Electric Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Association Amenities Elevator(s): Yes
  • Building New Construction Y N3: No
  • Lot Spa Y N: No
  • Association Details Total Transfer Fees: 350.0
  • Tax Legal Community Name5: Reno
  • Miscellaneous Zoning Info Historical District Y N: No
  • Outdoor Living Spaces Features Uncovered Patio: Yes
  • Lot Water Body Access Y N3: Yes
  • Association Fee Includes Maintenance Grounds2: Yes
  • Common Walls2 Common Walls: Yes
  • Levels Three Or More: Yes
  • Association Amenities Full Landscape Maintenance: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Association Type Condominium Owners Association: Yes
  • Association Amenities Onsite Management2: Yes
  • Construction Materials Concrete2: Yes
  • Association Amenities Maintenance: Yes
  • Accessibility Features Stair Lift: Yes
  • Special Features: None
  • Stories: 13

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, Electric Cooktop, Electric Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Brick, Carpet, Ceramic Tile
  • Full Bathrooms: 2
  • Total Bedrooms: 2
  • Interior Amenities: Breakfast Bar, High Ceilings, No Interior Steps, Pantry, Smart Thermostat
  • Window Features: Double Pane Windows, Metal Frames, Window Coverings
  • Interior Living Area4: 1498.0
  • Interior Fireplace Y N: No
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Interior Features Breakfast Bar: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Laundry Features In Hall: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Shower Stall: Yes
  • Flooring Ceramic Tile: Yes
  • Living Room Features Great Room3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Window Features Metal Frames: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Primary Bedroom Features Jetted Tub: Yes
  • Interior Features No Interior Steps: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Flooring Brick2: Yes
  • Interior Features Smart Thermostat: Yes
  • Kitchen Features Electric Cooktop3: Yes
  • Laundry Features Washer Hookup: Yes
  • Laundry Features In Unit: Yes
  • Window Features Window Coverings: Yes
  • Laundry Features Electric Dryer Hookup: Yes
  • Interior Features Wiredfor Data: Yes

Exterior Features

  • Exterior Features: Balcony, None
  • Roof: Membrane, Pitched
  • Stories: 13
  • View: City, Mountain(s), Park/Greenbelt, Trees/Woods
  • Pool Features: None
  • Has Private Pool?: No
  • Waterfront: Yes
  • Common Walls: 2+ Common Walls
  • Construction Type: Concrete, Other
  • Foundation Details: Concrete Perimeter
  • Other Structures: None
  • Patio And Porch Features: Patio
  • Association Amenities Pool: Yes
  • Roof Pitched: Yes
  • Roof Membrane: Yes
  • Exterior Features Balcony: Yes
  • Lot Pool Private Y N: No
  • Lot Waterfront Y N2: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 1.0
  • Has Attached Garage?: Yes
  • Parking Features: Assigned, Garage
  • Total Parking Spaces: 1.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 1.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 1.0
  • Parking Features Garage: Yes
  • Association Amenities Parking: Yes
  • Parking Features Assigned: Yes
  • Garage Features Garage Door Opener Controls: Yes
  • Association Amenities Garage2: Yes

Utilities

  • Utilities: Cable Connected, Electricity Connected, Internet Connected, Water Connected, Cellular Coverage
  • Water Source: Public
  • Laundry Features: In Hall, In Unit, Washer Hookup
  • Cooling: Central Air, Heat Pump
  • Heating: Forced Air, Heat Pump
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: Yes
  • Utilities Heating Y N3: Yes
  • Heating Forced Air: Yes
  • Water Source Public: Yes
  • Heating Heat Pump2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Cable Connected: Yes
  • Utilities Internet Connected: Yes

Condo/Co-op/Association

  • Association Name: Palladio Condominium Association

Schools

  • Middle Or Junior School: Swope

Lot Info

  • Parcel Number: 011-526-01
  • Fencing: None
  • Lot Size Sq Ft: 1481.04
  • Zoning: MD-RD

Tax Info

  • Tax Annual Amount: 6492.18

MLS Schools

  • Elementary School: Hunter Lake
  • HighSchool: Reno

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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 $6,330 $242,279 $48,825 $193,454
2024 $6,330 $241,186 $45,903 $195,284
2023 $6,157 $224,594 $49,770 $174,824
2022 $5,848 $188,346 $36,680 $151,666
2021 $5,628 $180,254 $31,185 $149,069
2020 $5,508 $185,644 $35,140 $150,504
2019 $5,355 $171,516 $35,140 $136,376
2018 $4,913 $143,782 $28,280 $115,502
2017 $5,115 $116,073 $21,140 $94,933
2016 $5,135 $127,572 $21,140 $106,432
2015 $5,180 $131,589 $22,015 $109,574
2014 $5,114 $125,920 $20,965 $104,955
2013 -- $104,477 $15,561 $88,916
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/25/2025 10/25/25 Price Changed $4,900 0.0% $3 / Sq Ft
10/25/2025 10/25/25 For Rent $4,900 0.0% --
10/15/2025 10/15/25 For Sale $850,000 0.0% $567 / Sq Ft
05/27/2025 05/27/25 Off Market $4,500 -- --
04/23/2025 04/23/25 Price Changed $4,500 -8.2% $3 / Sq Ft
03/21/2025 03/21/25 For Rent $4,900 0.0% --
12/27/2024 12/27/24 For Rent $4,900 -- --
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Bargain Sale Deed $550,000 First Centennial Reno
Bargain Sale Deed $600,000 First Centennial Reno
Bargain Sale Deed $600,000 Stewart Title Carson
Bargain Sale Deed $642,000 First American Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $300,000 New Conventional
Source: Public Records

Source: Northern Nevada Regional MLS

MLS Number: 250057041

Northern Nevada Regional MLS

APN: 011-526-01

Nevada Washoe County Reno 89501 Riverwalk

50 N Sierra St Unit 601, Reno, NV

For Sale

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Nearby Homes
Jean Merkelbach
Listing Agent
Jean Merkelbach
Section Image
Engel & Volkers Lake Tahoe
(775) 370-7831