Browse prime Reno luxury home options in the area.
In February 2025, Reno home prices were up 9.0% compared to last year, selling for a median price of $543K. On average, homes in Reno sell after 63 days on the market compared to 50 days last year. There were 216 homes sold in February this year, down from 227 last year.
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Reno, NV, known as "The Biggest Little City in the World," offers a unique blend of luxury living amidst the natural beauty of the Sierra Nevada and high desert. Reno's luxury real estate market features distinctive properties primarily in master-planned communities such as Montrêux, ArrowCreek, and Sommersett, where homes typically start around $1 million and can exceed $5 million for expansive estates. These neighborhoods offer resort-style amenities including championship golf courses, private clubs, and miles of trails, all set against the dramatic backdrop of the Sierra Nevada mountains. Luxury homes here are characterized by open floor plans that maximize natural light and mountain views, gourmet kitchens with high-end appliances, spa-like master suites, and expansive outdoor living spaces perfect for entertaining year-round. The market attracts buyers seeking Nevada's favorable tax climate, easy access to Lake Tahoe's world-class recreation just 30 minutes away, and a lifestyle that balances sophisticated amenities with the authentic feel of mountain living.
Luxury homes in Reno are characterized by their expansive floor plans, custom architecture, premium finishes, and breathtaking mountain or city views. These properties often include amenities such as gourmet kitchens, spa-style bathrooms, home theaters, wine cellars, infinity pools, and outdoor living spaces designed for entertaining—all within prestigious neighborhoods like ArrowCreek, Montreux, and Caughlin Ranch.
The most desirable neighborhoods for luxury real estate in Reno include ArrowCreek, Montreux, Caughlin Ranch, Somersett, and Southwest Vistas. These communities offer gated privacy, golf course access, resort-style amenities, and custom homes with commanding views of the Sierra Nevada mountains or the Reno skyline.
As of now, luxury homes in Reno generally start around $1.2 million and can reach $5 million or more for custom estates in gated communities or properties with unique features like acreage, private golf course frontage, or panoramic vistas. Pricing is influenced by square footage, lot size, finishes, elevation, and location within the city.
Yes, Reno has several new construction options in the luxury market, especially in expanding communities like ArrowCreek and Somersett. These custom and semi-custom homes feature energy-efficient design, modern floor plans, and high-end finishes. Buyers can also purchase vacant lots in upscale neighborhoods to build their dream home from the ground up.
Reno attracts luxury buyers due to its favorable tax climate (no state income tax), four-season outdoor lifestyle, proximity to Lake Tahoe, and growing tech industry. Luxury real estate in Reno offers privacy, space, and modern amenities—all within reach of top schools, cultural attractions, and the Reno-Tahoe International Airport. The region’s continued growth makes it a smart long-term investment.
Reno's luxury homes are strategically positioned in premier communities like Montrêux, ArrowCreek, and Sommersett, offering stunning Sierra Nevada mountain views and convenient access to both urban amenities and outdoor recreation. These neighborhoods place residents just 30 minutes from Lake Tahoe's world-class skiing and beaches, while maintaining proximity to Reno-Tahoe International Airport and the city's vibrant downtown district.
Luxury homeowners in Reno enjoy exclusive access to private clubs, championship golf courses designed by legends like Jack Nicklaus, and a tight-knit community atmosphere despite the city's growing population. The area hosts year-round cultural events, art festivals, and outdoor gatherings that foster genuine connections among residents who share a passion for mountain living and outdoor adventure.
Reno's culinary scene has evolved significantly, now featuring award-winning restaurants, farm-to-table establishments, and high-end steakhouses that rival dining options in major metropolitan areas. From innovative fusion cuisine in Midtown to upscale dining experiences at resort properties, luxury residents have access to diverse and sophisticated gastronomic experiences.
The area offers top-rated public schools within the Washoe County School District, alongside prestigious private institutions like The Meadows School and Davidson Academy. The nearby University of Nevada, Reno provides additional educational and cultural resources, making the region attractive to families prioritizing academic quality.
Reno's luxury properties typically range from $1 million to over $5 million, featuring 4,000 to 10,000+ square feet with high-end finishes including gourmet kitchens, wine cellars, and spa-like master suites. These homes are designed to maximize natural light and mountain views, with expansive outdoor living spaces perfect for year-round entertaining in Nevada's abundant sunshine.
Reno-Tahoe International Airport offers direct flights to major cities across the country, making travel convenient for business and leisure. The city's manageable size means shorter commutes compared to major metros, with most luxury communities positioned for easy access to highways, downtown Reno, and Lake Tahoe within 30 minutes.
