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255 N Sierra St Unit 1011, Reno, NV, 89501

1beds
1baths
1,080sqft
$450,000
$417price/sqft
$2,686/moest. monthly cost
$107,440/yrincome needed

About This Home

Embrace the harmonious blend of contemporary living and urban charm at The Montage, where sophistication meets serene living spaces. This desirable, corner unit has a large living space w/room for dining and office and is perfect for anyone looking to downsize without sacrificing the luxury and amenities of a larger home. Updated flooring, new appliances and a custom closet add to the the residence's modern aesthetic. This condo also comes with 2 parking spaces and storage on the same floor!, Residents are welcomed into a Zen-inspired lobby that exudes tranquility, staffed with attentive 24-hour desk attendants ensuring your comfort and security. Outside, the pool terrace rivals any resort, featuring two hot tubs, five gas grills, a spacious lap pool, and a clubhouse perfect for hosting memorable events (photos are of original pool, the new deck under construction will be very similar). Fitness enthusiasts will appreciate the expansive 24/7 gym, the largest among the city's high-rises. Additional conveniences include bike storage, personal storage units, and secure parking with a dedicated space. This urban sanctuary offers a variety of communal spaces, including an owner's lounge, library, and a lush garden deck where you can enjoy the downtown views and festive fireworks displays. The Montage's prime location places you just blocks away from cultural hotspots, the Truckee Riverwalk, and Reno's vibrant Midtown district, with its eclectic mix of dining, shopping, and entertainment. Experience a lifestyle of luxury and convenience at The Montage—where your new home awaits amidst the energy and excitement of downtown Reno. Some photos have been virtually staged.

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,Slab
  • Roof: Flat,Membrane
  • Construction materials: Concrete,Stucco

Type & Style

  • Home type: Condo
  • Property subType: Condominium

Interior

Appliances

  • Appliances included: Dishwasher,Disposal,Dryer,Electric Oven,Electric Range,Microwave,Refrigerator,Washer
  • Laundry features: In Hall,In Unit

Bedrooms & Bathrooms

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

Features

  • Breakfast Bar,Pantry,Smart Thermostat,Walk-In Closet(s)
  • Window features: Blinds,Double Pane Windows,Vinyl Frames,Window Coverings
  • Flooring: Luxury Vinyl,Porcelain
  • Common walls with other units/homes: 1 Common Wall,End Unit

Heating & Cooling

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

Interior Area

  • Total structure area: 1,080
  • Total interior livable area: 1,080 sqft

Property

Details

  • Parcel number: 01155312
  • Attached to another structure: Yes
  • Zoning: MD-ED

Features

  • Stories: 23
  • Private pool: Yes
  • Pool features: Community,In Ground,Lap,Pool Cover
  • Patio & porch: Patio
  • Exterior features: Balcony
  • Has spa: Yes
  • Spa features: Community,Heated,In Ground
  • Fencing: None
  • Has view: Yes
  • View description: City,Mountain(s)

Lot

  • Lot size: 1,306 sqft
  • Features: Level

Parking

  • Total spaces: 2
  • Parking features: Attached,Garage,Garage Door Opener,Heated Driveway,Tandem,Under Building
  • Has garage: Yes
  • Attached garage spaces: 2
  • Covered spaces: 2
  • 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 $2,275$27,300
Home Insurance $47$564
Property Taxes $172$2,064
Electricity $192$2,306
Total$2,686$32,232

Income You'd Need if You Spent...

35% on housing$92,091/yr
40% on housing$80,580/yr
45% on housing$71,626/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

$417This listing

vs Other Active Listings

Avg $/sqft

ZIP 89501$223
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
2025-04-04Price change$450,000
2024-09-27Listed for sale$499,000
2023-03-31Sold$380,000
2023-03-01Pending sale$415,000
2022-09-30Price change$415,000
2022-07-15Listed for sale$425,000
2017-09-20Sold$289,000
2017-08-26Listed for sale$289,000
2014-11-12Sold$193,000
2014-07-22Price change$214,500
2014-05-10Price change$219,000
2014-04-30Listed for sale$229,000
2013-12-19Sold$199,000

For Sale by Agent

AgentSamantha Reveley
BrokerageDickson Realty - Downtown

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