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255 N Sierra St Unit 1707, Reno, NV, 89501

1beds
1baths
805sqft
$310,000
$385price/sqft
$2,362/moest. monthly cost
$94,480/yrincome needed

About This Home

Experience elevated downtown living at the Montage in this beautifully refreshed, 17th-floor, 1-bedroom, 1-bath residence with secure underground parking on the 1st level and a private storage unit. Freshly painted, professionally cleaned, and featuring professionally cleaned carpets, this home is truly move-in ready. The open-concept layout is enhanced by high ceilings and expansive windows that capture city and mountain views while filling the space with natural light. The kitchen features a breakfast bar and flows seamlessly into the living area, making it ideal for both everyday living and entertaining. The living area opens up to a balcony from which you can further enjoy the sights and sounds of downtown Reno. The spacious bedroom includes a walk-in closet with direct access to the bathroom, which also offers a second entrance from the main living area for added convenience. The bathroom is appointed with a step-in shower. The Montage is one of downtown Reno's most sought-after high-rises, offering 24/7 security and concierge service, a full fitness center, owner's lounge, bike storage, indoor pet station, and beautifully landscaped garden decks. The expansive rooftop pool, spas, BBQs, and terrace are currently undergoing a full renovation, promising a resort-style experience upon completion. HOA dues include water, hot water, sewer and trash providing exceptional value and a lower cost of ownership compared to many downtown alternatives. Located just steps from the Truckee Riverwalk, dining, entertainment, and Midtown, this residence is ideal as a primary home, part-time retreat, or investment opportunity. Urban convenience, modern comfort, and unbeatable amenities—this is downtown living done right.

Getting Around

98
WalkingWalker's Paradise
62
TransitGood Transit
79
BikeVery Bikeable

Schools

9/10
6/10
7/10
Reno High SchoolGrades 9-121.0 mi

Construction

Condition

  • Year built: 1978

Materials

  • Foundation: Concrete Perimeter
  • Roof: Flat,Membrane
  • Construction materials: Concrete,Stucco,Other

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Dryer,Electric Range,Refrigerator,Washer
  • Laundry features: In Unit

Bedrooms & Bathrooms

  • Bedrooms: 1
  • Bathrooms: 1
  • Full bathrooms: 1

Features

  • No Interior Steps,Walk-In Closet(s)
  • Window features: Double Pane Windows,Vinyl Frames
  • Flooring: Carpet,Laminate,Tile
  • Common walls with other units/homes: 2+ Common Walls

Heating & Cooling

  • Heating features: Forced Air,Heat Pump
  • Cooling features: Central Air,Heat Pump

Interior Area

  • Total structure area: 805
  • Total interior livable area: 805 sqft

Property

Details

  • Parcel number: 01155908
  • Attached to another structure: Yes
  • Zoning: MD-ED

Features

  • Levels: One
  • Stories: 23
  • Patio & porch: Patio,Deck
  • Exterior features: Balcony
  • Spa features: None
  • Fencing: None
  • Has view: Yes
  • View description: City,Mountain(s)

Lot

  • Lot size: 871.20 sqft
  • Features: Level

Parking

  • Total spaces: 1
  • Parking features: Garage,Heated Driveway,Under Building
  • Has garage: Yes
  • Attached garage spaces: 1
  • Covered spaces: 1
  • Has uncovered spaces: Yes

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
    EarthquakeVery High
  • Inland Flooding
    Inland FloodingRelatively High
  • Winter Weather
    Winter WeatherRelatively High

How This Home’s Risks Compare

Earthquake
Inland Flooding
Winter Weather

FEMA Declared Disasters Across Nevada Counties

Fire

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

MonthlyAnnual
Mortgage $1,567$18,804
Home Insurance $32$384
Property Taxes $571$6,852
Electricity $192$2,306
Total$2,362$28,344

Income You'd Need if You Spent...

35% on housing$80,982/yr
40% on housing$70,860/yr
45% on housing$62,986/yr

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.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$385This listing

vs Other Active Listings

Avg $/sqft

ZIP 89501$227
Washoe County$407

vs Homes Sold Last Month

Median $/sqft

ZIP 89501$831
Washoe County$314

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

DateEventPrice
2026-01-29Listed for sale$310,000
2012-08-15Sold$116,000

For Sale by Agent

AgentCarrie Kester
BrokerageRE/MAX Gold

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