5501 E Rainbow Ridge Ct, Reno, NV 89523
Property image
Property image
OFF MARKET

$561,800

Trulia Estimate
  • 4 Beds
  • 3 Baths
  • 2,272 sqft (on 0.80 acres)

5501 E Rainbow Ridge Ct, Reno, NV 89523

Mae Anne
Refinance Your Home
Currently Off Market - Sold Jun 9, 2025 for $550,000

Home Value

Trulia Estimate
$562K
Since last month
Increased$10K (+1.8%)
Since last year
Increased$12K (+2.2%)
Since last sale
Increased$13K (+2.3%)
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 +62% in the last 10 years
MonthEstimated value
2026
August 2026$563K
August 2026$562K
July 2026$553K
June 2026$565K
May 2026$564K
April 2026$558K
March 2026$555K
February 2026$551K
January 2026$555K
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
5560 E Rainbow Ridge Ct, Reno, NV
0.07
Single-Family Home
$645,000
05/22/26
4
3
2,272
5461 Morning Star Dr, Reno, NV
0.11
Single-Family Home
$620,000
09/03/26
4
3
2,021
5455 Montego Ct, Reno, NV
0.23
Single-Family Home
$675,000
01/05/26
4
2.5
2,212
5421 Daybreak Dr, Reno, NV
0.06
Single-Family Home
$690,000
05/01/26
5
3
2,387
1689 Shadow Park Dr, Reno, NV
0.34
Single-Family Home
$805,000
10/30/25
4
3
2,531
5712 Royal Vista Way, Reno, NV
0.20
Single-Family Home
$710,000
06/03/26
5
3
2,610
5262 Terrace Heights Ln, Reno, NV
0.30
Single-Family Home
$695,000
09/16/25
4
3
2,272
2430 Montego Dr, Reno, NV
0.24
Single-Family Home
$705,000
06/03/26
4
2.5
2,212
5381 Ladybug Ct, Reno, NV
0.10
Single-Family Home
$406,000
04/23/26
3
2.5
1,673
1920 Windview Ct, Reno, NV
0.56
Single-Family Home
$576,000
09/12/25
4
2.5
1,802

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
5500 E Rainbow Ridge Ct, Reno, NV 89523
0.03
$586,000
3
2
1,670
Off Market
5560 E Rainbow Ridge Ct, Reno, NV 89523
0.07
$645,000
4
3
2,272
Recently Sold
5421 Daybreak Dr, Reno, NV 89523
0.06
$690,000
5
3
2,387
Recently Sold
5591 E Rainbow Ridge Ct, Reno, NV 89523
0.07
$622,800
3
2.5
1,669
Off Market
1915 Quail Run Rd, Reno, NV 89523
0.15
$510,300
3
2
1,152
Off Market
5461 Morning Star Dr, Reno, NV 89523
0.11
$620,000
4
3
2,021
Recently Sold
1971 Moon Shadow Dr, Reno, NV 89523
0.10
$576,900
3
2
1,596
Off Market
5651 W Rainbow Ridge Ct, Reno, NV 89523
0.11
$657,900
4
3
2,272
Off Market
1950 Quail Run Rd, Reno, NV 89523
0.16
$559,500
3
2
1,152
Off Market
1930 Quail Run Rd, Reno, NV 89523
0.17
$530,000
3
2
1,306
For Sale
5540 Daybreak Dr, Reno, NV 89523
0.12
$607,000
3
2
1,645
Recently Sold

Local Information

  • Map ViewExplore the area around 5501 E Rainbow Ridge Ct.
  • Schools1 Preschool School1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Single-Family Home
Built in 1988
0.8 acre lot
2,272 sqft
$247/sqft
2 Car Garage

About this House

Blank slate to make your own! Large lot with mature sequoia trees. Home was being prepped for a remodel and just needing things completed. RV parking on side yard, 2 car garage plus half that was used as a workshop, currently has doors on it. New roof completed a year ago as well as tankless water heater installed.
5501 E Rainbow Ridge Ct, Reno, NV 89523 is a 4 bedroom, 3 bathroom, 2,272 sqft single-family home in Mae Anne, built in 1988. It last sold for $550,000 on Jun 9, 2025 (7% below the $594,000 asking price). This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate is $561,800, with a rent estimate of $3,185/month.
Last check for updates: about 3 hours ago
Listed by Desiree Holland S.176996, (775) 870-2427
Fathom Realty
Bought with: Kyla Bevel B.146350, (775) 287-1757, Fathom Realty
Source: NNRMLS, MLS#240012341

Home Details for 5501 E Rainbow Ridge Ct

Active Status

MLS Status: Closed

Interior Features

Beds & Baths
Number of Bedrooms: 4Number of Bathrooms: 3Number of Bathrooms (full): 3
Dimensions and Layout
Living Area: 2272 Square Feet
Appliances & Utilities
Utilities: Cable Available, Electricity Available, Internet Available, Natural Gas Available, Phone Available, Sewer Available, Water Available, Cellular CoverageAppliances: Dryer, Gas Range, WasherDryerLaundry: Laundry AreaWasher
Heating & Cooling
Heating: Natural GasHas CoolingAir Conditioning: Evaporative CoolingHas HeatingHeating Fuel: Natural Gas
Fireplace & Spa
Has a Fireplace
Windows, Doors, Floors & Walls
Flooring: None
Levels, Entrance, & Accessibility
Stories: 2Floors: None
View
Has a ViewView: Mountain(s)
Security
Security: Security System Owned

Exterior Features

Exterior Home Features
Roof: Composition ShinglePatio / Porch: PatioFencing: Back YardExterior: NoneFoundation: Crawl Space
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2No CarportHas a GarageHas an Attached GarageParking Spaces: 2Parking: Attached
Frontage
Road Frontage: OtherResponsible for Road Maintenance: Public Maintained RoadNot on Waterfront
Water & Sewer
Sewer: Public Sewer
Farm & Range
Not Allowed to Raise Horses

Days on Market

Cumulative Days on Market: 259

Property Information

Year Built
Year Built: 1988
Property Type / Style
Property Type: ResidentialProperty Subtype: Single Family Residence
Building
Not a New ConstructionNot Attached Property
Property Information
Parcel Number: 03945106

Price & Status

Price
List Price: $594,000
Status Change & Dates
Off Market Date: Mon Jun 09 2025Possession Timing: Close Of Escrow

Location

Direction & Address
City: RenoCommunity: Sierra Highlands 5
School Information
Elementary School: Winnemucca, SarahJr High / Middle School: BillinghurstHigh School: McQueen

Building

Building Area
Building Area: 2272 Square Feet

Community

Not Senior Community

HOA

No HOA

Lot Information

Lot Area: 0.80 acres

Offer

Listing Terms: Cash

Miscellaneous

Mls Number: 240012341

Additional Information

HOA Amenities: None

Price and Tax history

DateEventPrice
Jun 9, 2025
Source: NNRMLS #240012341
Sold
$550,000
May 15, 2025
Source: NNRMLS #240012341
Contingent
$594,000
May 7, 2025
Source: NNRMLS #240012341
Pending
$594,000
Mar 10, 2025
Source: NNRMLS #240012341
PriceChange
$594,000
Price decreased by 1%
Nov 22, 2024
Source: NNRMLS #240012341
PriceChange
$599,000
Price decreased by 4%

Market trends in Reno

Last updated August 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$584K
$4KMoM
Sale-to-List Price
99.7%
Price per sq ft
$338
$3MoM
Available listings
1077
8MoM

Around this home

Neighborhood Overview

Mae Anne
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Mae Anne

At least 48 Trulia users voted on each feature.

  • 90 % Say it's dog friendly

  • 88 % Say there are sidewalks

  • 87 % Say car is needed

  • 81 % Say there's holiday spirit

  • 76 % Say parking is easy

  • 73 % Say yards are well-kept

  • 71 % Say kids play outside

  • 69 % Say it's quiet

  • 64 % Say streets are well-lit

  • 63 % Say it's walkable to restaurants

  • 63 % Say it's walkable to grocery stores

  • 63 % Say people would walk alone at night

  • 58 % Say there's wildlife

  • 56 % Say they plan to stay for at least 5 years

  • 54 % Say neighbors are friendly

  • 28 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Trina H.
    "Safe, Easy neighborhood & interstate accessibility. Public transportation is available. Not sure why we have A 100 character min. "
    1
    Flag
  • Craddub60
    "People drive way too fast throughout this area. A bit of a “rat race” if you will. Lower crime. Decent schools. Lots of close, fast food places and some dining. Housing has gotten really expensive for places that really aren’t all that nice. Decent amount of parks and churches throughout the area. Short drive to downtown, but not close enough to walk, although there are more and more homeless people making their way to the intersections and parking lots in the area."
    5
    Flag
  • Trina H.
    "Collective community, education & faith based events. Entertainment & recreational. Paved pathways, convenient grocery etc "
    2
    Flag
  • Toby M.
    "Hot august nights, air races , balloon races, rodeo, casino entertainment, holiday fire works, lakes, parks, camel races. "
    4
    Flag
  • Wilso129
    "Traffic on the freeway is getting worse and worse and the plans they have for improvement are going to do very little. My drive in the morning use to be nice and calm but now it is getting insane. We are turning in California. :-( "
    0
    Flag
  • Jj K.
    "It’s Avery quite and beautiful place to live, has a beautiful view and you will always see neighbors walking and walking there dogs "
    8
    Flag
  • Plaguejs
    "I’ve lived in this neighborhood for 10 years. Very family friendly. Parks and shops and restaurants very close."
    1
    Flag
  • patterson p.
    "Good schools, lots of parks, great family friendly neighborhood."
    1
    Flag
  • Mike G.
    " The convenience to everything is the best part of this neighborhood. Raley's, Safeway, Savemart, Kohl's and Walmart are all within a mile. Great neighborhood for walking and biking. Easy access to McCarran Blvd or the freeway yet without the noise. "
    3
    Flag

LGBTQ Local Legal Protections

IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. The content relating to real estate for sale on this web site comes in part from the Broker Reciprocity/ IDX program of the Northern Nevada Regional Multiple Listing Service°. Real estate listings held by brokerage firms other than Zillow, Inc. are marked with the Broker Reciprocity logo and detailed information about those listings includes the name of the listing brokerage. Any use of the content other than by a search performed by a consumer looking to purchase or rent real estate is prohibited. © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved.

Frequently asked questions about 5501 E Rainbow Ridge Ct

  • What is 5501 E Rainbow Ridge Ct estimated to be worth?
    Trulia's estimated value for 5501 E Rainbow Ridge Ct in Reno, NV is $561,800.
  • What is the price history for 5501 E Rainbow Ridge Ct?
    5501 E Rainbow Ridge Ct in Reno, NV last sold for $550,000 in June 2025.
  • 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 $584K. That is down $4K from the prior month.
  • Does 5501 E Rainbow Ridge Ct have air conditioning?
    Yes, 5501 E Rainbow Ridge Ct in Reno, NV has air conditioning.
  • Does 5501 E Rainbow Ridge Ct have laundry facilities?
    Yes, 5501 E Rainbow Ridge Ct in Reno, NV has in-unit laundry.

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