Reno, Nevada, real estate: What you can get for $2.5M

Reno is known as “The Biggest Little City in the World,” and sits in the High Sierra foothills near Nevada’s border with California.

Famed for its casino industry and tourism, Reno is also attractive to businesses and real estate buyers due to its favorable tax laws.

Reno Nevada

A recently updated “Biggest Little City in the World” sign March 3, 2020, in Reno, Nevada.  (George Rose/Getty Images / Getty Images)

There is also an array of recreational activities both year-round and seasonally. With Lake Tahoe, the Truckee River and Pyramid Lake all in the area, there are plenty of water activities in the summer, while skiers and snowboarders take to the mountains in the winter.

According to data from Realtor.com, there are around 1,330 active home listings in Reno, with a median listing price of $539,000.

Here’s what you can get in Reno with a $2.5 million budget:

Meadow Rock Court – $2,500,000

Reno home

This Reno home is listed for $2.5 million (MousePad Media)

This 3,357-square-foot home built in 2019 sits on nearly an acre and has extensive mountain views.

There are an array of custom features according to the listing by J.P. Menante with Dickson Realty, and all furnishings are in included.

Reno home

This Reno home is listed for $2.5 million (MousePad Media)

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The kitchen has a huge island with bar seating along with a breakfast nook, pantry and a separate formal dining room with high ceilings.

Reno home

This Reno home is listed for $2.5 million (MousePad Media)

The home has three bedrooms and 3.5 bathrooms, and its master suite has a walk-in closet and bath with double sinks and a garden tub.

Reno home

This Reno home is listed for $2.5 million (MousePad Media)

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The great room has a fireplace and so does the home’s central courtyard.

Reno home

This Reno home is listed for $2.5 million (MousePad Media)

Outdoor features include the home’s 20-by-40-foot in-ground pool along with a spa and an outdoor kitchen, including a barbecue. The property is fully landscaped and also has a putting green.

The home has a three-car garage and room for RV parking.

Timbercreek Court – $1,999,000

Reno home

This Reno home is listed for $1,999,000. (Matthew Nelson)

This home sits in a private gated community just a 20-minute drive from Mt. Rose Ski Resort and roughly 30 minutes from the Reno-Tahoe International Airport – or to Lake Tahoe itself, according to the listing from Brooke Sullivan with Dickson Realty.

The house was built in 2005 on a 1.13-acre lot and underwent a substantial remodel in 2018. 

Reno home

This Reno home is listed for $1,999,000. (Matthew Nelson)

The home’s great room has vaulted beam ceilings, new wood floors and a fireplace.

The 4,010-square-foot home has three bedrooms, four bathrooms and a three-car garage. In the master suite there is a double-sided fireplace, dual vanities and a large walk-in closet.

Reno home

This Reno home is listed for $1,999,000. (Matthew Nelson)

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The kitchen has a new backsplash, Alder cabinets, granite countertops and JennAir appliances along with two pantries.

Reno home

This Reno home is listed for $1,999,000. (Matthew Nelson)

There is also a wet bar in the home with custom woodwork, a refrigerator and a copper sink.

Reno home

This Reno home is listed for $1,999,000. (Matthew Nelson)

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Outside, there is a 700-square-foot covered patio in addition to the open patio area, and the property was fully landscaped last year with nearly 100 new tree plantings.