175 Palace Dr, Reno, NV 89506
OFF MARKET

$344,100

Trulia Estimate
  • 3 Beds
  • 2 Baths
  • 1,008 sqft (on 0.25 acres)

175 Palace Dr, Reno, NV 89506

Lemmon Valley
Est. Refi. Payment $1,948/mo*
Refinance Your Home
Currently Off Market - Sold Mar 31, 1994 for $84,500

Home Value

Trulia Estimate
$344K
Since last month
Increased$2K (+0.7%)
Since last year
Increased$12K (+3.5%)
Since last sale
Increased$260K (+307.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +73% in the last 10 years
MonthEstimated value
2026
August 2026$344K
July 2026$342K
June 2026$355K
May 2026$348K
April 2026$342K
March 2026$343K
February 2026$332K
January 2026$331K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.29
Single-Family Home
$389,000
09/26/25
3
1.5
1,008
0.26
Single-Family Home
$435,000
10/03/25
4
2
1,452
0.30
Single-Family Home
$425,000
04/20/26
3
1
1,296
0.43
Single-Family Home
$435,000
11/07/25
4
1.5
1,788
0.53
Single-Family Home
$455,000
10/15/25
3
2
1,933
0.52
Single-Family Home
$459,999
03/13/26
3
2
1,469
0.57
Single-Family Home
$497,467
10/06/25
3
2
1,758
0.54
Single-Family Home
$480,000
12/23/25
3
2
1,758
0.56
Single-Family Home
$480,000
12/23/25
3
2
1,765
0.50
Single-Family Home
$415,000
08/19/26
3
1
1,092

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.07
$469,900
4
2
1,768
Off Market
0.06
$374,500
3
2
1,008
Off Market
0.07
$405,100
4
1.5
1,144
Off Market
0.10
$487,400
4
2.5
1,664
Off Market
0.10
$484,300
4
1.5
1,807
Off Market
0.13
$449,600
4
2
1,144
Off Market
0.14
$374,600
3
2
1,296
Off Market
0.18
$397,700
3
1.5
1,296
Off Market
0.19
$456,700
4
2.5
1,408
Off Market
0.19
$472,000
4
2.5
1,561
Off Market
0.21
$428,400
4
1.5
1,144
Off Market
0.23
$364,900
4
1.5
1,144
Off Market

Local Information

  • Map ViewExplore the area around 175 Palace Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Year Built
1972
Lot Size
0.25 acres
Living Area
1,008 sqft
Price/Sqft
$341
Parking
Garage

About this House

This single-family home is located at 175 Palace Dr, Reno, NV. 175 Palace Dr is in the Lemmon Valley neighborhood in Reno, NV and in ZIP code 89506. This property has 3 bedrooms, 2 bathrooms and approximately 1,008 sqft of floor space. This property has a lot size of 10759 sqft and was built in 1972.
175 Palace Dr, Reno, NV 89506 is a 3 bedroom, 2 bathroom, 1,008 sqft single-family home in Lemmon Valley, built in 1972. It last sold for $84,500 on Mar 31, 1994. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $344,100, with a rent estimate of $2,040/month.

Home Details for 175 Palace Dr

Interior Features

Heating & Cooling
Heating: Forced AirHeating Fuel: Forced Air
Levels, Entrance, & Accessibility
Stories: 1

Exterior Features

Exterior Home Features
Roof: CompositionDeckExterior: Stucco
Parking & Garage
GarageParking: Garage Attached, Garage Detached

Property Information

Year Built
Year Built: 1972Year Updated: 1972
Property Type / Style
Property Type: Single Family Home

Community

Units in Building: 1

Lot Information

Lot Area: 10759 sqft

Price and Tax history

DateEventPrice
Mar 31, 1994
Source: N/A
Sold
$84,500

Market trends in Reno

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$589K
$20.17K
MoM
Sale-to-List Price
99.8%
0.1%
MoM
Price per sq ft
$335
$4
MoM
Available listings
1083
23
MoM

Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Lemmon Valley

At least 16 Trulia users voted on each feature.
  • 95 % Say parking is easy

  • 88 % Say car is needed

  • 74 % Say it's dog friendly

  • 72 % Say yards are well-kept

  • 67 % Say there's holiday spirit

  • 67 % Say there's wildlife

  • 58 % Say people would walk alone at night

  • 56 % Say neighbors are friendly

  • 53 % Say kids play outside

  • 52 % Say it's quiet

  • 42 % Say they plan to stay for at least 5 years

  • 36 % Say there are sidewalks

  • 31 % Say it's walkable to restaurants

  • 24 % Say streets are well-lit

  • 11 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Malama A.
    "Iโ€™m not really sure. I donโ€™t own pets so Iโ€™m not sure what dog owners like or dislike about this neighborhood. However I do see dogs being walked on a daily in this neighborhood so Iโ€™m assuming itโ€™s not so bad? Only when it snows they donโ€™t walk their pets but other than that, I think itโ€™s a ok place to walk dogs since I see others doing it!! "
  • Tonisclan
    "Itโ€™s pretty quiet in my neighborhood. So far. I only been here a month and a half but so far so good. "
  • Remingtoncole1
    "Rural community, please help us keep it that way! Stop Prado from over developing and creating more flooding."
  • Kim C.
    "Very safe community, quit neighborhood, many friendly people live here. Beautiful horse property around, lots of places to hike and ride horses and ATVs"

LGBTQ Local Legal Protections

Frequently asked questions about 175 Palace Dr

  • What is 175 Palace Dr estimated to be worth?
    Trulia's estimated value for 175 Palace Dr in Reno, NV is $344,100.
  • What is the price history for 175 Palace Dr?
    175 Palace Dr in Reno, NV last sold for $84,500 in March 1994.
  • Is Reno a buyer's or seller's market?
    Reno is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Reno?
    The median sale price in Reno is $589K. That is up $20.17K from the prior month.
  • How big is the lot at 175 Palace Dr?
    The lot at 175 Palace Dr in Reno, NV is about 0.25 acres (10,759 sq ft).
  • Does 175 Palace Dr have a garage?
    Yes, 175 Palace Dr in Reno, NV has a garage.

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