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About This Home

This 3-bedroom, 3-bathroom townhouse at 4501 Kathleen Denise Lane in Reno, NV is listed for $405,000 ($277 per sqft). Built in 2005, the home offers 1,460 sqft of living space on a 0.03 acres lot.

Agent Description

This rare 3-bedroom, 2.5-bath home in the Rancho San Rafael Townhomes is a standout opportunity, marking the first time a 3-bedroom unit has hit the market in this community in nearly a year. Ideally situated for both lifestyle and investment, this property is currently tenant-occupied, offering immediate cash flow in one of Reno's most consistent rental areas.

Inside, the home features a thoughtfully upgraded kitchen and a spacious layout designed for comfortable living. One of the property's most unique assets is its position within the community; with no rear neighbors, you can enjoy unobstructed, panoramic mountain views right from your back door.

The location is second to none for those who want to experience the best of Reno. You are just minutes from UNR and Downtown Reno, and literally steps away from Rancho San Rafael Regional Park. Residents have front-row access to the world-famous Great Reno Balloon Race, miles of scenic walking and biking trails, and the Wilbur D.

May Center. Whether you are looking for a high-demand investment property or a home in the heart of Reno's outdoor recreation hub, this townhome offers a combination of views, upgrades, and location that is incredibly hard to find.

Key Features

  • Built in 2005
  • 0.03 acre lot
  • 2 stories
  • 3 parking spaces
  • Fireplace

Property Details

2 stories
2 full, 1 half
3 spaces
2005

Amenities

FireplaceViewA/C

Monthly Cost Estimate

$2,384/mo

20% down · 6.5% · 30 years

Principal$293
Interest$1,755
Insurance$118
HOA$218

Estimates only. Actual payments may vary.

Location

4501 Kathleen Denise Lane

Reno, NV 89503

Rancho San Rafael Townhomes

Features & Amenities

Interior Features

Ceiling Fan(s)High Ceilings

Exterior Features

Rain Gutters

Property Details

Flooring

CarpetVinyl

Views

Valley

Pool Features

Patio

Parking

GarageOpenTandem

Heating

Natural Gas

Cooling

Central Air

Appliances

DishwasherDisposalDryerMicrowaveRefrigeratorWasher

Questions & Answers

This 3-bedroom, 3-bathroom townhouse at 4501 Kathleen Denise Lane is listed at $405,000 ($277/sqft). The estimated monthly payment is $1,973 based on 20% down at 6.5% interest.

HOA fees are $218/month.

Key features include: Built in 2005, 0.03 acre lot, 2 stories, 3 parking spaces, Fireplace. Interior Features: Ceiling Fan(s), High Ceilings. Exterior Features: Rain Gutters.

This property is listed by Kaila Bailey and can be reached at 7753799428 or kailabailey.realtor@gmail.com.

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KB

Kaila Bailey

Agent at RE/MAX Professionals-Reno

(775) 379-9428

Listed by RE/MAX Professionals-Reno

MLS# 260002891· Source: listhub· Updated 34 days ago

Copyright © 2026 Northern Nevada Regional MLS, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

4501 Kathleen Denise Lane, Reno, NV 89503

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