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Virginia Lake Multifamily Home for Sale

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    $1,050,000

    • 4,198 Sq Ft

    2735 Lakeside Dr, Reno, NV 89509

    A rare opportunity to own over half an acre in a highly desirable neighborhood near Virginia Lake. This multifamily property currently features four existing units, offering over $5,400 of immediate rental income per month, while the MF-30 zoning allows for significant future development. Virginia Lake’s scenic walking path, parks, and open space are just steps away, making this an attractive

    Chris Moton Marmot Properties, LLC

    2735 Lakeside Dr, Reno, NV 89509

Why Live in Virginia Lake

Virginia Lake in Reno offers a scenic, suburban lifestyle centered around a picturesque lake, just 3 miles from downtown. The neighborhood features a mix of midcentury and modern homes, including brick houses, ranch-style residences, Midcentury Modern homes, and newer single-family homes, townhouses, and condos. Residents enjoy a variety of local attractions, such as dining options, tennis courts, a golf course, and the luxurious Peppermill Resort Spa Casino. Virginia Street, the main commercial thoroughfare, provides access to shopping, dining, and entertainment, with the Moana West Annex shopping center offering diverse culinary experiences. Essential amenities like Sprouts Farmers Market, Walmart, Walgreens, and Costco are within a few miles. Outdoor recreation is abundant, with a mile-long paved trail encircling the lake, connecting Virginia Lake Park Playground and Virginia Lake Park, ideal for picnics and birdwatching. The Virginia Lake Dog Park is nearby, and the Washoe County Golf Course offers an 18-hole public course with a pro shop and restaurant. The neighborhood is served by highly rated schools in the Washoe County School District, including Jessie Beck Elementary School, Darrell C. Swope Middle School, and Reno High School, known for its strong sports programs. Virginia Lake is conveniently located a mile south of Midtown Reno and 3 miles from the Reno Riverwalk. The Reno-Tahoe International Airport is just 2 miles away, and Interstate 580 is a mile from the neighborhood, providing easy commuting options. Public transportation is also available with a bus route running through the area. The neighborhood's crime rate is lower than the national average, contributing to its appeal as a safe place to live.

Home Trends in Virginia Lake, NV

Housing Trends

Median Sale Price
$252,500
Median Single Family Sale Price
$599,500
Median Townhouse Sale Price
$185,000
Median 2 Bedroom Sale Price
$218,250
Median 1 Bedroom Sale Price
$195,000
Average Price Per Sq Ft
$319
Number of Homes for Sale
40
Last 12 months Home Sales
48
Months of Supply
10.00
Median List Price
$239,950
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
1%
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