50 N Sierra St Unit 601 Reno, NV 89501
Riverwalk NeighborhoodEstimated payment $6,116/month
Highlights
- Heated Driveway
- Spa
- City View
- Hunter Lake Elementary School Rated A-
- Gated Community
- 1-minute walk to Downtown River Walk
About This Home
Embrace upscale urban living in the heart of Reno's vibrant downtown landscape. The Palladio; the premier luxury high-rise that caters to those seeking the convenience of city amenities, the allure of a second home, or the simplicity of downsizing without compromising on elegance or comfort.
This exquisite corner, 2-bedroom, 2-bathroom unit boasts an open concept great room, perfect for those who love to entertain or simply relax in a space flooded with natural light from floor-to-ceiling windows. Step outside onto one of the two large patios and indulge in breathtaking Southwest views that promise to captivate during any season. Every room offers a panorama of the city, with the added tranquility of overlooking the scenic Truckee River.
The interior speaks of sophistication with a design that seems to let you float above the river, providing a serene escape from the bustling city below.
Residents enjoy a tucked-away infinity pool that grants a secluded overlook of the Riverwalk, and a year-round hot tub to unwind after a day's work or play. Living here means being at the epicenter of culture and convenience, with fine dining, trendy bars, engaging performing arts, and the picturesque Truckee River just steps away.
Secure parking for one vehicle adds to the convenience, while the corner unit's location within the building maximizes privacy and views. For the discerning individual or couple seeking an exceptional living experience, this property is more than a home—it's a statement of sophistication and an embrace of the best that downtown Reno has to offer.
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
- Tuck Under Parking
- Parking Available
- Common or Shared Parking
- Garage Door Opener
- Heated Driveway
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
- 1-Story Property
- 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
- Carpet
- Ceramic Tile
- Luxury Vinyl 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
- Underground Utilities
- No Water Heater
- Internet Available
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 011-526-01
Community Details
Overview
- Association fees include insurance, ground maintenance, maintenance structure, sewer, snow removal, trash, water
- $350 HOA Transfer Fee
- The Palladio HOA
- Reno Community
- The Palladio Subdivision
- On-Site Maintenance
- Maintained Community
- The community has rules related to covenants, conditions, and restrictions
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
Map
Home Values in the Area
Average Home Value in this Area
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 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 06/10/2025 06/10/25 | For Sale | $850,000 | -- | $567 / Sq Ft |
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 |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $339,000 | New Conventional | |
| Closed | $385,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $300,000 | New Conventional |
Source: Northern Nevada Regional MLS
MLS Number: 250051260
APN: 011-526-01
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