$500,000 Active
17000 Wedge Parkway #UNIT 1525
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,477 Sq Ft

About This Property

Welcome to this beautifully maintained 1,477 sq. ft. residence offering the perfect blend of comfort, space, and convenience. Featuring two generously sized bedrooms, two well appointed bathrooms, and a spacious two car garage, this condo is thoughtfully designed to meet a variety of needs. Recent updates include newer carpet and a hydronic water heater installed in 2023, providing both comfort and efficiency. Located within a secure, well kept condo community, you'll enjoy a sense of privacy along with access to desirable amenities, including a nearby clubhouse and pool just a short distance away. Ideally situated, this condo offers close proximity to parks, shopping, and dining, while also placing you just minutes from the scenic beauty of the Sierra Nevada mountains. Outdoor enthusiasts will appreciate the easy access to nearby hiking and biking trails, making it simple to enjoy everything Northern Nevada has to offer.

Listed by Jeff Vallandingham — RE/MAX Gold-Carson City

Listing Details

Status Active
MLS # 260004658
Days on Market 20
Price/Sq Ft $339

Property History

Apr 17, 2026
Listed for sale
$500,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,477
Lot Size 0.01 acres
Stories 3
Year Built 2005
Property Type Condominium
Subdivision Fallen Leaf @ Galena Condominiums
APN 142-323-31
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,650
HOA Fee $350 / Monthly
HOA / Community Fallen Leaf HOA
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Parking, Pool, Security
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($100,000)
Home price
$500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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