A single levitated nanoparticle is used as a nanoreactor for studying surface chemistry at the nanoscale. Optical levitation under controlled pressure, surrounding gas composition, and humidity provides extreme control over the nanoparticle, including dynamics, charge, and surface chemistry. Using a single nanoparticle avoids ensemble averages and allows studying how the presence of silanol groups at its surface affects the adsorption and desorption of water from the background gas with excellent spatial and temporal resolution. Herein, we demonstrate the potential of this versatile platform by studying the Zhuravlev model in silica particles. In contrast to standard methods, our system allowed the observation of an abrupt and irreversible change in scattering cross section, mass, and mechanical eigenfrequency during the dehydroxylation process, indicating changes in density, refractive index, and volume.