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4 Beds
2 Baths
1,144 sqft

$425,000

225 Palace Drive, Reno NV, 89506

Price per sqft$371.50
Built in1971
Property size1,144 sqft
Property typeResidential

Overview

Active

Listed Sep 4, 2026

Updated 13 days ago

Veteran Buyers! This home has a $400,500 VA loan 5.3% 30 yr that can be assumed by a Veteran with VA Eligibility. So with a down payment of around under 6% you can have an amazing VA mortgage rate! Big space, great upgrades, and no HOA! This 4-bedroom, 1.5-bath home in Lemmon Valley offers 1,144 sq. ft. of comfortable living on a generous 0.23-acre lot. The sewer line has been recently replaced! Enjoy remodeled bathrooms, an updated kitchen with granite countertops and stainless steel appliances, plus a great room designed for easy everyday living. Step outside to a wraparound Trex deck, landscaped yard, and mountain views. RV parking and no HOA give you added freedom and flexibility. With a 1-car garage and convenient access to schools, parks, shopping, and North Reno amenities, this home packs plenty of value inside and out!

$2,828/mo

Est. mortgage payment based on a $425,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
260011524

Interior Features

Bedrooms
4
Bathrooms
2
Cooling
Yes
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.23 Acres

Other Property Details

Taxes
$808
Tax Frequency
Annually
Garage
Yes
View
Yes
55+/Senior Community
No

 

Courtesy of Elevate Realty, Paul Dunham

The information being provided is for consumers' personal, non-commercial use and may not be used for any other purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed.

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Data last updated 3:23 AM UTC, 9/25/2026

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