OFF MARKET

Off market jan 2014 for $23M

—

Est. refi paymentEst. refi $154,708/mo

—

•

— ba

•

115,387

sq ft

1520 Sky Valley Dr, Reno, NV 89523

About this home

1520 Sky Valley Dr is a 115,387 square foot multi-family home on a 4.99 acre lot. - it last sold on January 16, 2014 for $23,055,000.

Multi-familyProperty Type

2002Year Built

4.99 acresLot Size

$200Price/Sq.Ft.

Source:Public Records

Redfin Estimate

There isn’t enough information to generate an accurate estimate at this time. Learn More

Market trends in 89523, NV

Last updated September 2026

Buyer's Market

Seller's Market

Seller's market

Sale-to-List Price

99.3%

+0.2% MoM

Median sale price

$661K

$14K MoM

Avg. days on market

37d

0 days MoM

Recently sold homes

156

9 MoM

New listings for sale

NEW 6 HRS AGO
$892,500
3 beds3.5 baths2,480 sq ft
7701 Autumn Ridge Cir, Reno, NV 89523
OPEN SAT, 10AM TO 12PM
$469,000
2 beds2 baths1,063 sq ft
6830 Sonterra Ln, Reno, NV 89523
OPEN SAT, 11AM TO 1PM
$839,000
4 beds2.5 baths2,176 sq ft
1395 Ione Pass Trl, Reno, NV 89523
$339,900
2 beds2 baths958 sq ft
6850 Sharlands Ave #1005, Reno, NV 89523
$545,000
3 beds2.5 baths1,592 sq ft
2448 Bentley Dr, Reno, NV 89523
3D WALKTHROUGH
$850,000
3 beds2.5 baths2,094 sq ft
8160 Sierra Ridge Ct, Reno, NV 89523
$680,000
3 beds2 baths1,650 sq ft
270 River Flow Dr, Reno, NV 89523
SHORT SALE
$689,000
4 beds3 baths1,676 sq ft
5142 Aspen View Dr, Reno, NV 89523
$920,000
3 beds3 baths2,696 sq ft
1245 Meridian Ranch Dr, Reno, NV 89523
$570,000
2 beds2 baths1,410 sq ft
1555 W Del Webb Pkwy, Reno, NV 89523
See all

Provided by Redfin

Sale history for 1520 Sky Valley Dr

Year

Property tax

Land + Additions

Assessment*

2025

$205,603 (+13.2%)

$1,166,200 + $4,693,923

$5,860,123

2024

$181,578 (+3.0%)

$1,166,200 + $4,730,205

$5,896,405

2023

$176,325 (+8.0%)

$1,124,550 + $4,894,053

$6,018,603

2022

$163,263 (+1.3%)

$1,041,250 + $4,330,213

$5,371,463

2021

$161,182 (−1.9%)

$833,000 + $3,622,754

$4,455,754

2020

$164,296 (+5.0%)

$666,400 + $3,732,861

$4,399,261

2019

$156,481 (+3.6%)

$666,400 + $3,848,948

$4,515,348

2018

$151,108 (−0.3%)

$624,750 + $3,645,401

$4,270,151

2017

$151,536

$478,975 + $3,643,489

$4,122,464

2016

$151,645 (−1.8%)

$437,325 + $3,698,168

$4,135,493

2015

$154,381 (+2.0%)

$437,325 + $3,700,756

$4,138,081

2014

$151,403

$437,325 + $3,774,429

$4,211,754

Tax history for 1520 Sky Valley Dr

Year

Property tax

Land + Additions

Assessment*

2025

$205,603 (+13.2%)

$1,166,200 + $4,693,923

$5,860,123

2024

$181,578 (+3.0%)

$1,166,200 + $4,730,205

$5,896,405

2023

$176,325 (+8.0%)

$1,124,550 + $4,894,053

$6,018,603

2022

$163,263 (+1.3%)

$1,041,250 + $4,330,213

$5,371,463

2021

$161,182 (−1.9%)

$833,000 + $3,622,754

$4,455,754

2020

$164,296 (+5.0%)

$666,400 + $3,732,861

$4,399,261

2019

$156,481 (+3.6%)

$666,400 + $3,848,948

$4,515,348

2018

$151,108 (−0.3%)

$624,750 + $3,645,401

$4,270,151

2017

$151,536

$478,975 + $3,643,489

$4,122,464

2016

$151,645 (−1.8%)

$437,325 + $3,698,168

$4,135,493

2015

$154,381 (+2.0%)

$437,325 + $3,700,756

$4,138,081

2014

$151,403

$437,325 + $3,774,429

$4,211,754

*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.

Zoning and permits

Zoning
Permits

MF-30

Multi-Family Residential District

The MF-30 district is intended to provide multi-family residential development and limited commercial and retail uses. Secondary uses include duplexes, triplexes, fourplexes, townhomes, single-family residential uses, parks, and schools. Additional district standards ensure that amenities such as open space are provided to offset the increases residential densities. This district is appropriate adjacent to other multifamily, single-family Urban Districts, and Employment Districts.

Permitted uses

Include but are not limited to:

Day care facility
General retail
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Bed & breakfast
Office
Housing-Mobile home park

May 19, 2026 • Active

Ez reroof - commercial

Perform a reroofing project by installing a new roof overlay.

Roofing

Apr 28, 2026 • Final

Ez water heater - commercial

Replace an existing gas water heater with a new gas water heater.

Gas

Plumbing

Water heater

Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.

Property details

Interior

Heating & Cooling
Air Conditioning Type: Package
Heating Type: Package

Exterior

Exterior Information
Construction Type: Wood/Steel
Building Construction Quality: Above Average
Exterior Wall: Stucco
Building Type: Multi Family

Property Information
Living Sq. Ft: 115,387
Building Sq. Ft: 115,387
# of Units: 119
# of Stories: 3
Stories Type: 3
Legal Description: PM 1975 LT 8-1 FR LT 8-2 (LT B1 ADJ RS 3838)

Lot Information
# of Buildings: 2
Land Sq. Ft: 217,364
Legal Lot Number: 8-1
Legal Block Number: 1
Municipality Name: CITY OF RENO
Acres: 4.99
Zoning Code: MF30
State Use Description: TEN OR MORE UNITS

Utility Information
Sewer Type: Public
Water Service Type: Public

Financial

Assessor Information
Assessment Year: 2026

Public facts

Beds: —
Baths: —
Sq. Ft.: 115,387
Stories: 3.0
Lot Size: 4.99 acres
Style: Multi-Family (5+ Unit)
Year Built: 2002
Year Renovated: 2002
County: Washoe County
APN: 400-040-12

Home facts updated by county records on Oct 8, 2026

Around this home

Schools

Grace Warner Elementary School

Public PreK-5 • Assigned • 0.7mi

4/10

Archie Clayton Middle School

Public 6-8 • Assigned • 1.2mi

5/10

Reno High School

Public 9-12 • Assigned • 1.3mi

7/10

Provided by GreatSchools

Lifestyle

Provided by Walk Score and Local Logic

Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

4/10 Heat Factor

7 days above 92° expected this year, 18 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

8/10 Air Factor

15 unhealthy days expected this year, 18 days in 30 years

Provided by First Street

Historical weather

Reno, NV • 89523

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 12.6 hours in June and 5.7 hours in December, placing it above the U.S. average for solar exposure.

12.6 hrs

5.7 hrs

JuneDecember

Provided by Shadowmap

Is this your home?

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New listings for sale in 89523

NEW 6 HRS AGO

$892,500

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OPEN SAT, 10AM TO 12PM3D WALKTHROUGH

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OPEN SAT, 11AM TO 1PM3D WALKTHROUGH

$839,000

4 beds2.5 baths2,176 sq ft

1395 Ione Pass Trl, Reno, NV 89523

$339,900

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3D WALKTHROUGH

$850,000

3 beds2.5 baths2,094 sq ft

8160 Sierra Ridge Ct, Reno, NV 89523

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3 beds2 baths1,650 sq ft

270 River Flow Dr, Reno, NV 89523

SHORT SALE3D WALKTHROUGH

$689,000

4 beds3 baths1,676 sq ft

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Home values near 1520 Sky Valley Dr

Data from public records.

Address	Redfin Estimate
1550 Sky Valley Drive, Reno, NV 24 Beds \| 12 Baths \| 9456 Sq. Ft.	—
991 Westcliff Lane, Reno, NV 3 Beds \| 2.5 Baths \| 1833 Sq. Ft.	$534,718

Address	Redfin Estimate
4505 Highcrest Drive, Reno, NV 3 Beds \| 2.5 Baths \| 1917 Sq. Ft.	$608,497
4728 Amber Hill Lane, Reno, NV 3 Beds \| 2.5 Baths \| 1855 Sq. Ft.	—

Address	Redfin Estimate
4724 Scenic Hill Circle, Reno, NV 4 Beds \| 2.5 Baths \| 2160 Sq. Ft.	$542,095
979 Westcliff Lane, Reno, NV 4 Beds \| 2.5 Baths \| 2161 Sq. Ft.	$643,177

Property information provided by undefined .

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