Double Diamond
Reno · Nevada · with Art Loera, NMLS #367308
Price ranges come from dated public market reporting and move with the market. No rates or payments are ever shown; ask Art for a full review.
Double Diamond is the workhorse of South Meadows, a master plan of 3,104 homes across 26 named Villages built on the former 2,600-acre Double Diamond Ranch. Streets date mostly from the late 1990s and 2000s, wrapped around four parks, wetland greenbelts along Steamboat Creek, and about 26 miles of walking trails, with Double Diamond Elementary sitting inside the plan itself.
Lending here is bread-and-butter South Reno: conventional purchases and refinances, FHA on the smaller village floor plans, VA for airport and base commuters, and HELOCs on two decades of built equity. The layer to price correctly is the master association plus village sub-association stack, and Art puts both in the payment before you write.
Geography does the daily work: South Meadows Parkway and Double R Boulevard feed straight to I-580, Renown South Meadows Medical Center sits minutes away, the airport runs about twelve minutes, and the Summit's shopping is one exit up. Kids can walk to school in a master plan of this size, which is rarer than it sounds.
Per 2026 northern Nevada market guides, the Villages generally trade from the mid 400s up toward a million, one HOA umbrella covering real price variety. Ask Art which Villages fit your number this season.
Before the rooftops this was the Double Diamond Ranch, 2,600 acres of working ground on the south edge of the Truckee Meadows. The city approved the planned community on roughly 800 of those acres in the 1990s, the Villages filled in through the 2000s boom, and the gated Fleur de Lis enclave arrived in 2003. What was hay ground within living memory is now the center of gravity of everyday South Reno.
Landmarks NearbyPrograms That Fit Here
Conventional
The classic path to homeownership.
DetailsConventional at a Glance
- As little as 3% down
- PMI can drop at 20% equity
- Fannie Mae / Freddie Mac backed
FHA
Flexible on credit and down payment.
DetailsFHA at a Glance
- 3.5% minimum down payment
- Credit scores from 580+ accepted
- Gift funds allowed for down payment
VA
The benefit earned by those who served.
DetailsVA at a Glance
- Zero down payment required
- No monthly mortgage insurance
- Veterans, active duty & eligible spouses
HELOC & Home Equity
Turn your equity into flexibility.
DetailsHELOC & Home Equity at a Glance
- Tap your equity without touching your current mortgage
- Flexible credit line or a single lump sum
- Popular for renovations & debt consolidation
Schools: Washoe County School District · verify current zoning by address
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