405 Palace Dr, Reno, NV 89506
Property image
Property image
OFF MARKET

$403,300

Trulia Estimate
  • 4 Beds
  • 2 Baths
  • 1,144 sqft

405 Palace Dr, Reno, NV 89506

Lemmon Valley
Est. Refi. Payment $2,322/mo*
Refinance Your Home
Currently Off Market - Sold Jul 12, 2021 for $330,000

Home Value

Trulia Estimate
$403K
Since last month
Increased$5K (+1.3%)
Since last year
Increased$14K (+3.7%)
Since last sale
Increased$73K (+22.2%)
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 +102% in the last 10 years
MonthEstimated value
2026
August 2026$403K
August 2026$403K
July 2026$398K
June 2026$408K
May 2026$402K
April 2026$397K
March 2026$391K
February 2026$390K
January 2026$384K
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
365 Palace Dr, Reno, NV
0.06
Single-Family Home
$389,000
09/26/25
3
1.5
1,008
560 Kess Way, Reno, NV
0.13
Single-Family Home
$435,000
11/07/25
4
1.5
1,788
700 Kess Way, Reno, NV
0.19
Single-Family Home
$459,999
03/13/26
3
2
1,469
580 E Patrician Dr, Reno, NV
0.23
Single-Family Home
$480,000
12/23/25
3
2
1,758
570 E Patrician Dr, Reno, NV
0.22
Single-Family Home
$455,000
10/15/25
3
2
1,933
720 Kess Way, Reno, NV
0.27
Single-Family Home
$460,000
03/02/26
3
2
1,765
590 E Patrician Dr, Reno, NV
0.24
Single-Family Home
$499,990
09/30/25
3
2
1,933
9365 Gremlin Way, Reno, NV
0.26
Single-Family Home
$435,000
10/03/25
4
2
1,452
750 Kess Way, Reno, NV
0.21
Single-Family Home
$545,000
05/07/26
3
2
1,931
8450 Endor Dr, Reno, NV
0.35
Single-Family Home
$523,493
10/29/25
4
2
1,933

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
495 Kess Ct, Reno, NV 89506
0.05
$439,300
4
2
1,452
Off Market
365 Palace Dr, Reno, NV 89506
0.06
$396,800
3
1.5
1,008
Off Market
560 Kess Way, Reno, NV 89506
0.13
$444,100
4
1.5
1,788
Off Market
315 Palace Dr, Reno, NV 89506
0.14
$425,500
4
1.5
1,144
Off Market
305 Palace Dr, Reno, NV 89506
0.16
$471,000
4
2.5
1,561
Off Market
640 Nicia St, Reno, NV 89506
0.18
$402,500
3
2
1,452
Off Market
480 E Patrician Dr, Reno, NV 89506
0.18
$412,100
3
1.5
1,008
Off Market
460 E Patrician Dr, Reno, NV 89506
0.18
$510,900
6
2.5
1,144
Off Market
295 Palace Dr, Reno, NV 89506
0.17
$395,700
3
1.5
1,296
Off Market
700 Kess Way, Reno, NV 89506
0.19
$459,999
3
2
1,469
Recently Sold
9415 Gremlin Way, Reno, NV 89506
0.19
$454,500
4
2.5
1,408
Off Market
635 Wiggins Ct, Reno, NV 89506
0.19
$428,800
3
1.5
1,144
Off Market

Local Information

  • Map ViewExplore the area around 405 Palace Dr.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1972
1,144 sqft
$353/sqft
Garage

About this House

This single-family home is located at 405 Palace Dr, Reno, NV. 405 Palace Dr is in the Lemmon Valley neighborhood in Reno, NV and in ZIP code 89506. This property has 4 bedrooms, 2 bathrooms and approximately 1,144 sqft of floor space. This property has a lot size of 8973 sqft and was built in 1972.
405 Palace Dr, Reno, NV 89506 is a 4 bedroom, 2 bathroom, 1,144 sqft single-family home in Lemmon Valley, built in 1972. It last sold for $330,000 on Jul 12, 2021. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $403,300, with a rent estimate of $2,417/month.

Home Details for 405 Palace Dr

Interior Features

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

Exterior Features

Exterior Home Features
Roof: CompositionExterior: Stucco
Parking & Garage
GarageParking: Garage Attached

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: 8973 sqft

Price and Tax history

DateEventPrice
Jul 13, 2023
Source: NNRMLS #210005431
ListingRemoved
Jul 12, 2021
Source: N/A
Sold
$330,000
Jun 15, 2021
Source: NNRMLS #210005431
Pending
$310,000
Jun 11, 2021
Source: NNRMLS #210005431
PriceChange
$310,000
Price increased by 9%
Apr 30, 2021
Source: NNRMLS #210005431
Pending
$285,000

Market trends in Reno

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

Around this home

Neighborhood Overview

Lemmon Valley
See Local Highlights
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.
    "I’m not really sure. I don’t own pets so I’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 I’m assuming it’s not so bad? Only when it snows they don’t walk their pets but other than that, I think it’s a ok place to walk dogs since I see others doing it!! "
    2
    Flag
  • Tonisclan
    "It’s pretty quiet in my neighborhood. So far. I only been here a month and a half but so far so good. "
    0
    Flag
  • Remingtoncole1
    "Rural community, please help us keep it that way! Stop Prado from over developing and creating more flooding."
    0
    Flag
  • 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"
    2
    Flag

LGBTQ Local Legal Protections

Frequently asked questions about 405 Palace Dr

  • What is 405 Palace Dr estimated to be worth?
    Trulia's estimated value for 405 Palace Dr in Reno, NV is $403,300.
  • What is the price history for 405 Palace Dr?
    405 Palace Dr in Reno, NV last sold for $330,000 in July 2021.
  • 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 405 Palace Dr?
    The lot at 405 Palace Dr in Reno, NV is about 0.21 acres (8,973 sq ft).
  • Does 405 Palace Dr have a garage?
    Yes, 405 Palace Dr in Reno, NV has a garage.

Explore by feature - Pet Friendly

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

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Apartments for Rent

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