2265 Lindley Way, Reno, NV, 89509
About This Home
NEW PRICE — $949,999! Recently appraised at $1,040,000, this home is now offering more than $90,000 below its appraised value, creating an exceptional opportunity for built-in equity from day one. Freshly updated and ready for its next chapter, this beautifully refreshed mid-century home offers the perfect balance of timeless character and modern comfort. Located on a quiet cul-de-sac in Reno's coveted Old Southwest, the home features 2,637 square feet of thoughtfully designed living space with abundant natural light, spacious gathering areas, and tasteful updates throughout. The finished 810-square-foot basement provides flexible space for a media room, home gym, office, or recreation area, while an additional 1,071 square feet of unfinished basement offers exceptional storage and exciting possibilities for future expansion. Outside, enjoy a private backyard surrounded by mature trees, colorful landscaping, and inviting outdoor spaces ideal for entertaining or unwinding. Just a stone's throw from Virginia Lake, Midtown, and downtown Reno, you'll appreciate easy access to parks, restaurants, shopping, and local favorites while enjoying the privacy of one of Reno's most established neighborhoods. With a new price of $949,999 and a recent appraisal of $1,040,000, this is a rare opportunity to own a move-in-ready Old Southwest home with classic mid-century character, modern updates, and significant value already built in.
Getting Around
Somewhat Walkable
Some Transit
BikeableSchools
Construction
Condition
- Year built: 1952
Materials
- Foundation: Other
- Roof: Composition,Shingle
- Construction materials: Brick,Brick Veneer
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Dishwasher,Disposal,Dryer,Electric Cooktop,Electric Range,Microwave,Oven,Refrigerator,Trash Compactor,Washer
- Laundry features: Cabinets,Laundry Room,Shelves,Sink,Washer Hookup
Basement
- Has basement: Yes
- Basement: Unfinished,Finished
Bedrooms & Bathrooms
- Bedrooms: 5
- Bathrooms: 3
- Full bathrooms: 3
Features
- Breakfast Bar,Ceiling Fan(s),Entrance Foyer,Pantry,Master Downstairs,Smart Thermostat
- Window features: Double Pane Windows,Vinyl Frames
- Flooring: Carpet,Ceramic Tile,Wood
- Number of fireplaces: 2
- Fireplace features: Other Room,Wood Burning
- Fireplace: Yes
- Common walls with other units/homes: No Common Walls
Heating & Cooling
- Heating features: Baseboard,Forced Air,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 3,667
- Total interior livable area: 3,667 sqft
Property
Details
- Parcel number: 01915308
- Zoning: SF5
Features
- Levels: One
- Stories: 1
- Patio & porch: Uncovered,Patio
- Exterior features: Awning(s),Rain Gutters
- Spa features: None
- Fencing: Back Yard
- Has view: Yes
- View description: City,Mountain(s),Peek,Trees/Woods
Lot
- Lot size: 9,583 sqft
- Features: Gentle Sloping,Sprinklers In Front,Sprinklers In Rear
Parking
- Total spaces: 4
- Parking features: Additional Parking,Attached,Garage,Garage Door Opener,RV Access/Parking
- Has garage: Yes
- Attached garage spaces: 1
- Covered spaces: 1
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Winter Weather
- Inland Flooding
- Lightning
How This Home’s Risks Compare
FEMA Declared Disasters Across Nevada Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $5,056 | $60,672 |
| Home Insurance | $207 | $2,484 |
| Property Taxes | $1,558 | $18,696 |
| Electricity | $342 | $4,106 |
| Total | $7,163 | $85,956 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-08-17 | Price change | $949,999 |
| 2026-07-18 | Price change | $999,999 |
| 2026-05-29 | Listed for sale | $1,100,000 |
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