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Silverado Village

Sparks, Nevada · Washoe County

Legally age-restricted 62+new construction

Silverado Village is a gated, new-construction community by Silverado Homes at 414 Heirloom Street in Sparks, planned for 135 single-family homes and built primarily as an age-62-and-older community, with a reported allowance for up to 20% of homes to qualify buyers at age 55 or older. Homes range from approximately 1,322 to 1,745 square feet, with recent listings priced around $512,780. The community clubhouse offers an indoor aerobic lap pool, fitness rooms for workouts and group exercise classes, a card room, a fireside lounge, a banquet kitchen, and a village courtyard for gatherings and year-round social events.

Last researched 2026-09-17

Price positioning
Recent listings reported around $512,780 for homes ranging approximately 1,322 to 1,745 square feet
HOA
A specific current monthly HOA fee figure was not independently confirmed; the HOA is reported to cover community landscaping, remote gate security, and amenity upkeep
Community size
A gated community of 135 planned new-construction single-family homes; construction ongoing as of 2024-2026
Home types
detached
Builder
Silverado Homes
Age policy
Legally age-restricted 62+ community; at least one resident per household must be 62 or older, with a reported allowance for up to 20% of homes to qualify at age 55 or older under applicable federal housing rules

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Overview

Independent Assessment

Silverado Village is confirmed as a real, currently building, legally age-restricted community — not a rental or assisted-living property — based on consistent, independent reporting across multiple real estate platforms (55places, Redfin, Zillow, and Yelp all describe the same address, builder, and gated new-construction status). Unlike a standard 55-and-older HOPA community, Silverado Village is primarily structured as an age-62-and-older community with a minority carve-out (reported at 20% of homes) available to buyers 55 and older; it is classified here as legally age-restricted 62+ to reflect that primary threshold, and buyers specifically seeking 55+ eligibility should confirm current availability within that carve-out directly with the builder. A dedicated 55places listing, an active MLS sale listing, and multiple independent real estate platform pages provide genuine independent confirmation that this is a real, age-qualified community. Available sources consistently place Silverado Village in Sparks (ZIP 89441), with one builder-side source describing the surrounding area as 'Spanish Springs,' an unincorporated Washoe County community adjacent to Sparks; buyers should treat the precise incorporated-city-limits-versus-unincorporated-county status as unconfirmed pending Washoe County GIS verification.

Who May Find This Community Appealing

Buyers who specifically want new construction with a builder warranty in a smaller, gated 62-and-older community, and who value amenities like an indoor lap pool and a dedicated card room over a large resort-style clubhouse, are a strong fit for Silverado Village. Buyers aged 55-61 interested in this community should specifically confirm current availability within the reported 20%-of-homes carve-out for that age range, since the bulk of the community is restricted to residents 62 and older.

Homes & Prices

Homes, Builders & Development History

Silverado Homes is developing Silverado Village as a gated, new-construction community at 414 Heirloom Street in Sparks, with construction reported as ongoing from 2024 into the present. The community is planned for 135 single-family homes ranging from approximately 1,322 to 1,745 square feet.

Current Pricing & Market Positioning

Recent listings for Silverado Village were reported around $512,780 for homes in the approximately 1,322-to-1,745-square-foot range, positioning it as a comparatively lower-priced new-construction option relative to some of the larger, higher-end 55+ communities in the Reno/Sparks market. Buyers should request current base pricing, available lots, and any builder incentives directly from Silverado Homes given the community's active build-out status.

New Construction vs. Resale Considerations

As an actively building new-construction community, Silverado Village offers buyers a builder warranty and the ability to select current available floor plans and lots directly from Silverado Homes, though buyers should expect ongoing nearby construction activity until the community's planned 135-home build-out is complete. Buyers should confirm current available inventory, base pricing, included features, and estimated completion timelines directly with the builder.

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Fees

HOA Fees, Capital Contributions & Recurring Costs

A current, specific monthly HOA fee figure for Silverado Village could not be independently confirmed; the homeowners association is reported to handle community landscaping, remote gate security, and upkeep of shared amenities. Buyers should request the current, exact fee schedule, any capital contribution or resale transfer fees, and a full accounting of what is included directly from Silverado Homes or the community's HOA.

Taxes, Insurance & Special Assessments

Homes in Silverado Village are subject to Washoe County property tax, assessed at the county's current rate, along with any applicable City of Sparks municipal charges if the property falls within incorporated city limits, or Washoe County-only charges if it falls within the adjacent unincorporated area. Nevada has no state income tax and no broad age-based property tax exemption comparable to some other states; buyers should confirm current assessed value, applicable tax rate, precise jurisdiction, and any available senior tax-assistance programs directly with the Washoe County Assessor's Office.

Amenities

Community clubhouse with an indoor aerobic lap poolFitness rooms for individual workouts and group exercise classesCard roomFireside loungeBanquet kitchenVillage courtyard for gatherings and year-round social eventsRemote gate security

Community Layout & Lifestyle

Silverado Village offers a newer-construction, low-maintenance lifestyle in a small, gated community setting, with clubhouse amenities scaled to its 135-home size rather than the resort scale of larger Reno/Sparks active-adult communities. Its card room, fireside lounge, and banquet kitchen suggest a socially oriented, indoor-gathering-focused amenity mix alongside its indoor lap pool and fitness rooms.

Location

Shopping, Healthcare & Airport Access

Silverado Village is located at 414 Heirloom Street, Sparks, NV 89441, in an area some builder-side sources describe as Spanish Springs, near the northeastern edge of the Reno/Sparks metro. Residents are reported to have convenient access to grocery stores including Safeway, Trader Joe's, Sprouts, and WinCo Foods, along with CVS and Walgreens pharmacies nearby.

Restrictions

Age Qualification & Material Ownership Restrictions

Silverado Village is described consistently across multiple independent sources, including 55places, as a gated 62-and-older community, with a reported allowance for up to 20% of homes to be sold to buyers age 55 or older, an occupancy structure some age-restricted communities use to stay within federal Housing for Older Persons Act (HOPA) flexibility while primarily targeting an older-than-55 buyer pool. The recorded Washoe County CC&R or deed-restriction language establishing the specific legal age-verification mechanism and the exact terms of the 55+ carve-out was not independently obtained. Buyers, especially those aged 55-61, should confirm current eligibility, carve-out availability, and age-verification procedures directly with Silverado Homes before purchasing.

Pros & Tradeoffs

Tradeoffs & Limitations

Because Silverado Village is primarily an age-62-and-older community rather than a standard 55-and-older HOPA community, buyers aged 55-61 have access to only a reported minority share (around 20%) of homes, and availability within that carve-out may be limited at any given time. A current, specific monthly HOA fee figure was not confirmed, nor was it fully resolved whether the community's exact address sits within Sparks' incorporated city limits or in the adjacent unincorporated Spanish Springs area of Washoe County; buyers should confirm both directly with the builder and Washoe County. As a still-building new-construction community, buyers should also expect ongoing nearby construction activity in unfinished phases.

Comparison With Nearby Communities

Within the Sparks active-adult cluster, Silverado Village is distinct from the fully age-55-and-older Villa Toscana and Regency at Stonebrook nearby in that it is primarily a 62-and-older community with only a minority carve-out available to 55-to-61-year-old buyers. Buyers who specifically qualify at 62 or older and want new construction at a lower price point should focus on Silverado Village, while buyers aged 55-61 seeking guaranteed eligibility should focus on Villa Toscana, Regency at Stonebrook, or Regency at Caramella Ranch instead.

Listings

Current Listings

A connected local agent can provide current available new-construction inventory directly from Silverado Homes, including current availability within the reported 55+ carve-out, as well as any early resale listings.

FAQs

Questions Buyers Should Verify

  • Current, exact monthly HOA dues and what is included
  • Current availability within the reported 20%-of-homes carve-out for buyers aged 55-61, and the specific terms governing it
  • Whether the community's address at 414 Heirloom Street sits within Sparks' incorporated city limits or unincorporated Washoe County (Spanish Springs)
  • Specific recorded Washoe County CC&R or deed-restriction language governing the community's age qualification
  • Current new-construction phase, available lots, and estimated completion timeline directly from Silverado Homes
Is Silverado Village age-restricted, and can buyers under 62 purchase here?
Yes, it is a legally age-restricted community, but primarily for residents 62 and older; a reported 20% of homes are available to buyers 55 and older. Confirm current carve-out availability and eligibility directly with Silverado Homes.
Is Silverado Village in Reno or Sparks?
Available sources consistently place Silverado Village's address (414 Heirloom Street) in Sparks, NV 89441, though the surrounding area is sometimes described as Spanish Springs, an adjacent unincorporated part of Washoe County. Confirm precise jurisdiction directly with Washoe County if that distinction matters to you.
Is new construction available at Silverado Village?
Yes. As of the last update, the community was actively building toward its planned 135-home total, with recent listings priced around $512,780. Confirm current availability directly with Silverado Homes.
What amenities does Silverado Village offer?
A clubhouse with an indoor aerobic lap pool, fitness rooms, a card room, a fireside lounge, a banquet kitchen, and a village courtyard for community gatherings.

Sources

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