The Summit at Grand Sierra Resort

2500 East Second Street, Reno, Nevada 89595



 

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Retirees Indulge in High-End Condominium Living in a Luxury Hotel

Indulgence may be the best word to describe retirement at the Summit at Grand Sierra Resort in Reno, Nevada.  Formerly the Reno Hilton, this four-star, 145-acre mega-resort has undergone a $120 million dollar renovation and is now offering 824 fully-furnished, luxury condominiums, located on the top eleven floors of a 27-floor hotel, for sale.  This is not an age-restricted property, but 33% of Reno's population is age 45 or better, and residents at Grand Sierra Resort are a mix of young and young at heart.

 

 

Retirement in a glitzy resort in the middle of a gambling town may not appeal to everyone, and only some will be able to afford living here, but there are hotel perks to condominium ownership, including enjoying daily housekeeping and laundry services, valet parking, a private elevator and 24-hour concierge service.  Grand Sierra Resort is essentially a city in and of itself and one could probably choose never to leave the extensive grounds.  Residents will find a four-story lakeside driving green, several high-end restaurants and nightclubs, a health club and an 80,000 square foot spa, a huge indoor "James Bond" water park, a casino (of course), a business center, a dinner theater, a martini bar, a 38-acre lake (with a light show), a grocery, boutiques, shops, a celebrity here and there, a sports arena and a wedding chapel, just in case.  Low key and subtle, this is not.

 

The condominiums ("condo suites") range in size from 427 square feet (studios) to 2,000 square feet (2 bedrooms) and come with spectacular views overlooking Reno, the Truckee River that runs past the resort and the surrounding Sierra Mountains.  Each unit has been custom designed by an internationally-known designer and includes a state-of-the art kitchen, a wet bar, a spa-like glass-enclosed bathroom with marble and black granite countertops, upscale leather and suede furniture, walnut cabinetry and flat panel TVs.  The units are elegant, although a little dark and on the masculine side.  Units used to start in the $300,000s but recently some have sold for less than $20,000.  

Reno itself is full of things to do, with more than 40 nearby golf courses, lots of casinos, restaurants, theaters and clubs.  Stunning Lake Tahoe is just 22 miles away and provides retirees with opportunities to water ski, fish, sail and snow ski at one of several ski resorts.  That is if anyone who buys a condo at Grand Sierra Resort wants to leave the resort grounds.

Reno sits in the high desert (elevation 4,400 feet) which helps moderate temperatures a little.  January high temperatures are in the 40s and lows are in the 20s.  July high temperatures are in the mid 90s and lows are in the 50s.  There is very little humidity, and the sun shines nearly all the time.

 

It is hot (daytime summer temperatures can reach into the 100s), and the sun shines 300 days of the year.   The air quality is well below the national average, but the water quality is above the national average.  The city's comfort level index (a combination of temperature and humidity) is above the national average.  The crime rate is also above the national average.


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