Hidden Gems: Exploring Reno’s Up-and-Coming Neighborhoods

As members of the Kinney & Renwick Real Estate Team in Reno, Nevada, we’ve had the privilege of watching our “Biggest Little City” grow and evolve over the years. While areas like Midtown and Downtown Reno have long been in the spotlight, there are several emerging neighborhoods that deserve your attention. These hidden gems offer unique charm, great investment potential, and a chance to be part of Reno’s exciting future. Let’s explore some of these up-and-coming areas that you might want to call home.

1. Wells Avenue Neighborhood

Just east of Midtown, the Wells Avenue Neighborhood is quickly becoming one of Reno’s most vibrant and diverse areas. This neighborhood is a melting pot of cultures, reflected in its eclectic mix of restaurants, shops, and community spaces.

What’s Driving the Growth?

• Proximity to Downtown and Midtown
• Affordable housing options, including charming older homes ripe for renovation
• A strong sense of community, with active neighborhood associations

Notable Spots:

• The Vassar Street Gastro Pub: A local favorite for craft beers and gourmet pub fare
• Yim Dang Asian Market: A treasure trove for international groceries
• Dozens of small, family-owned businesses along Wells Avenue

Real Estate Outlook:

The Wells Avenue Neighborhood offers a mix of single-family homes and small multi-unit properties. Many homes here were built in the mid-20th century, providing opportunities for buyers looking to renovate. Prices are still reasonable compared to Midtown, but they’re on the rise as more people discover this area’s potential.

2. Dickerson Road District

Once an industrial area, the Dickerson Road District is undergoing a remarkable transformation. Located just north of the Truckee River, this neighborhood is becoming a hub for artists, makers, and entrepreneurs.

What’s Driving the Growth?

• Conversion of warehouses into loft spaces and studios
• Proximity to the Truckee River and its popular kayak park
• Lower commercial rents attracting small businesses and startups

Notable Spots:

• The Generator: A massive maker space and arts community
• Ferino Distillery: Crafting small-batch spirits in a beautifully renovated warehouse
• Lost City Farm: An urban farm bringing fresh, local produce to the neighborhood

Real Estate Outlook:

The Dickerson Road District is still in the early stages of its transformation, making it an exciting opportunity for investors and homebuyers alike. Look for converted industrial spaces, new townhome developments, and the occasional single-family home. As the area continues to develop, property values are expected to rise significantly.

3. Northwest Reno

While not exactly hidden, Northwest Reno is often overshadowed by more central neighborhoods. However, this area is quietly becoming one of the city’s most desirable places to live, especially for families and outdoor enthusiasts.

What’s Driving the Growth?

• Popular schools in the area
• Proximity to outdoor recreation, including Peavine Mountain and the Somersett Golf Course
• New commercial developments bringing amenities closer to residential areas

Notable Spots:

• Rancho San Rafael Regional Park: A 600-acre park with trails, a dog park, and the popular Wilbur D. May Museum
• Somersett Town Square: A growing commercial center with shops, restaurants, and services
• Belli Ranch: A scenic residential area known for its equestrian properties and rural charm

Real Estate Outlook:

Northwest Reno offers a wide range of housing options, from established neighborhoods with larger lots to new master-planned communities. Home prices here tend to be higher than in some other parts of Reno, but the area’s amenities and quality of life make it a solid long-term investment.

4. Sparks Marina Area

Technically in the city of Sparks, the area around the Sparks Marina is quickly becoming one of the most exciting neighborhoods in the Reno-Sparks metro area. Centered around a 77-acre lake, this neighborhood offers a unique blend of urban amenities and outdoor recreation.

What’s Driving the Growth?

• The Sparks Marina Park: A man-made lake offering swimming, boating, and fishing
• Proximity to major employers, including Tesla’s Gigafactory
• New housing developments catering to a range of budgets and lifestyles

Notable Spots:

• Lighthouse Coffee: A local favorite for great coffee and lakeside views
• Sparks Water Bar: Upscale dining with panoramic views of the marina and mountains
• The Outlets at Legends: A large outdoor shopping center with popular brands and entertainment options

Real Estate Outlook:

The Sparks Marina area has seen significant development in recent years, with a mix of single-family homes, townhouses, and luxury apartments. While prices have risen, they remain competitive compared to similar waterfront properties in other cities. The continued growth of nearby employment centers suggests that demand for housing in this area will remain strong.

5. South Meadows

Located in south Reno, the South Meadows area has transformed from open fields to a thriving community in just a couple of decades. It’s particularly popular with young families and professionals who appreciate its modern amenities and easy access to both the city and the great outdoors.

What’s Driving the Growth?

• Newer housing stock, often with modern features and energy-efficient designs
• Popular schools and family-friendly amenities
• Easy access to hiking and biking trails in the nearby Virginia Foothills

Notable Spots:

• South Valleys Regional Sports Complex: A large park with sports fields, a playground, and a popular seasonal farmers market
• Tamarack Junction: A locals’ favorite for casual dining and gaming
• The Summit: An upscale outdoor shopping center with a mix of national brands and local boutiques

Real Estate Outlook:

South Meadows offers a mix of single-family homes, townhouses, and apartments, many built within the last 20 years. While not the cheapest area in Reno, it offers good value for those looking for newer construction and family-friendly amenities. The area continues to see new development, particularly on its southern and eastern edges.

6. Verdi

For those who dream of a more rural lifestyle without sacrificing easy access to city amenities, Verdi is an up-and-coming area to watch. Located west of Reno, right at the California border, Verdi offers a small-town feel with big opportunities.

What’s Driving the Growth?

• Large lots and a more rural atmosphere
• Proximity to the Truckee River and excellent outdoor recreation opportunities
• Easy access to both Reno and Lake Tahoe

Notable Spots:

• Verdi Local Distillery: A small-batch distillery producing unique spirits
• Crystal Peak Park: A beautiful park along the Truckee River, perfect for picnics and river access
• Gold Ranch Casino & RV Resort: A popular stop for both tourists and locals

Real Estate Outlook:

Verdi offers a mix of older homes on large lots and newer developments. As Reno continues to grow westward, Verdi is likely to see increased interest and development. Currently, it offers a chance to get more space and a rural feel while still being within a short drive of Reno’s amenities.

Conclusion: The Future of Reno’s Neighborhoods

As Reno continues to grow and evolve, these up-and-coming neighborhoods represent exciting opportunities for homebuyers, investors, and anyone looking to be part of our city’s future. Each area offers its own unique character and advantages:

• Wells Avenue brings cultural diversity and urban charm
• The Dickerson Road District offers artistic flair and entrepreneurial spirit
• Northwest Reno provides family-friendly amenities and outdoor access
• The Sparks Marina area combines waterfront living with modern conveniences
• South Meadows delivers newer homes and a suburban lifestyle
• Verdi offers a rural feel with city proximity

Whether you’re a first-time homebuyer, a growing family, or an empty nester looking for a change, these neighborhoods offer something for everyone. As real estate professionals, we at the Kinney & Renwick Real Estate Team are excited to see how these areas develop and contribute to the rich tapestry of our community.

Remember, real estate is not just about buying a property – it’s about finding a place to call home and being part of a community. These hidden gems of Reno offer the chance to do just that, often at price points that are still accessible compared to other major Western cities.

If you’re interested in exploring any of these neighborhoods further, or if you have questions about Reno’s real estate market in general, don’t hesitate to reach out to the Kinney & Renwick Real Estate Team. We’re here to help you navigate our exciting and ever-changing local market.

Welcome to the hidden gems of Reno – your next home might be waiting for you in one of these fantastic neighborhoods! Let the Kinney & Renwick Real Estate Team be your guide to finding your perfect place in our growing city.