Good Deal Based on an estimated value, which may not reflect the home's current market value.

7240 Cheltenham WayReno, NV 89502

$850,000

Est. $1,071,800

  • 2,878 sqft
  • 4 beds
  • 3 baths

About this home

  • Central air conditioning
  • Forced-air gas heat
  • Beautifully landscaped half-acre lot

Welcome to this beautiful Hidden Valley home, offering 2,878 square feet of comfortable single-level living on a generous ½-acre lot. This spacious residence features 4 bedrooms, 3 bathrooms, and an ideal blend of timeless character. The recently remodeled primary bathroom provides a luxurious retreat, while major system upgrades—including a new roof, new HVAC system (air conditioner and heater), and new water heater—offer peace of mind for years to come. Designed for both everyday living and entertaining, the home features a formal living room with a cozy gas fireplace, a spacious kitchen with an island and pantry, and multiple gathering spaces filled with natural light. Wide hallways and an accessible floor plan add to the home's functionality. Step outside to take in the spectacular city and mountain views from the expansive wraparound porch—the perfect place to enjoy morning coffee, unwind at sunset, or entertain guests. The beautifully landscaped half-acre lot offers privacy, mature landscaping, a gazebo, and plenty of room to enjoy the outdoors. Additional highlights include a 4-car garage with RV parking, central air conditioning, forced-air gas heat, and a highly desirable Hidden Valley location close to shopping, dining, golf, and outdoor recreation. This property combines stunning views, quality upgrades, and spacious living in one of Reno's most sought-after neighborhoods.

Viewing is by appointment only.

Property history

  • Listed for sale

    Jul 16, 2026

    $1,150,000

    Up 98.0%$400/sqft
  • Sold

    May 4, 2018

    $580,000

    Down 1.0%$202/sqft
  • Pending sale

    Mar 30, 2018

    $587,000

    $204/sqft

Monthly payment estimate

$5,365/mo

Principal & interest
$4,708
Property tax
$312
Home insurance
$345

Down payment · $170,000

Estimate only, using local tax and insurance figures. Your actual payment depends on your lender. Starting rate: Freddie Mac's 30-year fixed average, week of Oct 15.

Become a lender

No mortgage partner is listed here yet. Advertise as a lender on Realtyless and connect with buyers exploring this home.

Become a Lender
Map showing 7240 Cheltenham Way Reno, NV 89502

Home values in 89502

in 2025
-2.4%
over 5 years
+45.8%

FHFA House Price Index for the ZIP code through 2025: past prices across the area, not a value for this home or a forecast.

Explore nearby cities

Deal alerts

Find the best deals

Sign up today and be the first to hear about new deals.

  • Sort homes by best deal
  • Compare asking prices to estimated values
  • Contact owners directly