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About this home
Investor opportunity at 5115 Koenig! This single-story home offers 2,086 square feet, four bedrooms, two bathrooms and a two-car garage on a spacious . 34-acre lot. The property needs extensive repairs and updating, making it an ideal project for an experienced investor, contractor or buyer ready to take on a major renovation. Priced well below market value to reflect its current condition, this property offers plenty of potential for the right buyer. Sold as-is.
Single-familyProperty Type
1998Year Built
0.34 acresLot Size
$216Price/Sq.Ft.
2 car garageParking
Listed by Staci Nauman•DRE #S.176919• RE/MAX Professionals-Sparks
Panther Valley, located between Sun Valley and the North Valleys, is a residential and semi-rural Reno neighborhood with wide-open high-desert views and a foothill backdrop. The neighborhood reads as big-sky streets, larger lots, and a mix of ranch-style homes and newer builds set against sagebrush terrain. The character concentrates around the North Valleys Regional Park area near N Valleys Pkwy and N Virginia St, where ballfields, trailheads, and weekend activity set the pace. Nearby pillars include the Reno Rodeo Association grounds, the Wilbur D. May Center, and the Nevada Museum of Art for culture beyond the valley grid. Daily rhythms lean on drives into town, with sunsets and open space defining the atmosphere.
Provided by Walk Score and Local Logic
Market insights
5115 Koenig Rd · $450,000
DAYS ON MARKET
1 days
The average home goes pending in 50 days.
SALE-TO-LIST
98.7%
Most homes are selling 1% below list price.
LIST PRICE
$450,000
Median sale price in this area is $624,950. (39% higher than this home)
PRICE DROP
0 price drops
20% of homes in this area have had a price drop in the past month.
Property details
Interior
Exterior
Finance
Interior features
Ceiling fans
High ceilings
Walk-in closets
Double-pane windows with vinyl frames
Bedrooms
No specific bedroom counts listed
Bathrooms
2 full bathrooms
Kitchen
Dishwasher
Disposal
Electric oven
Electric range
Refrigerator
Laundry & utility
Washer and dryer included
Washer hookup
Electric dryer hookup
Laundry located in hall
Shelving in laundry area
Flooring
Carpet
Tile
Wood
Heating & cooling
Natural gas heating
Wall/window air conditioning units
Exterior features
Patio
Porch
Back yard fencing
Sloped-up lot
Home design
Single-family residence
One level / single-story
Parking
Attached garage (2 spaces)
RV access/parking
Garage with attic access and man door
Construction
Stucco exterior
Composition/shingle roof
Crawl space and concrete perimeter foundation
Built area approximately 2,086
Utilities
Public water
Public sewer
Electricity connected
Natural gas connected
Cable connected
Phone connected
Internet connected
Cellular coverage
Water meter installed
Underground utilities
Sewer connected
Water connected
HOA & community
Not a senior community
Electricity and solar
View estimated energy costs and solar savings for this home
The SF-3 district is primarily intended to accommodate single-family detached residential uses. Secondary uses include parks, schools, community gardens, and home occupations. This zoning district functions as a transition from the large-lot zoning districts to the higher-intensity residential districts.
Zone overlays
Airport Noise Exposure Overlay District
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Other
Infrastructure
Public service-Other
Recreation
Communications tower
Park & open space
Climate risks
1/10 Flood Factor
Minimal risk of a flood reaching the building in the next 30 years
10/10 Fire Factor
66% chance of being in a wildfire in next 30 years
4/10 Heat Factor
5 days above 94° expected this year, 13 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
8/10 Air Factor
15 unhealthy days expected this year, 17 days in 30 years
Provided by First Street
Historical weather
Reno, NV • 89506
Average low and high temperatures (°F)
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36
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71
46
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88
60
86
57
79
52
66
41
53
33
50
30
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Feb
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May
Jun
Jul
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Sun exposure
In this area, properties receive around 12.6 hours in
June and 5.7 hours in December, placing it above the
U.S. average for solar exposure.
12.6 hrs
5.7 hrs
JuneDecember
Provided by Shadowmap
Redfin Estimate for 5115 Koenig Rd
$451,662
$1,662 over list price of $450K
Nearby comparable homes
The Redfin Estimate uses 6 recent nearby sales, priced between $480K to $575K.