$525,000 Active
17000 Wedge Parkway #UNIT 1224
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
·
1,728 Sq Ft

About This Property

Meticulously maintained and lightly lived in, this upgraded residence was purchased off-plan and has been occupied less than two weeks per year since ownership. Thoughtfully enhanced throughout with modern smart-home integration, energy-efficient upgrades, premium fixtures, and extensive custom storage solutions, the home offers a turnkey opportunity ideal for full-time living, a second home, or lock-and-leave ownership. Recent improvements include a brand-new suite of stainless steel Whirlpool and GE appliances (March 2026), upgraded Grohe shower fixtures, high-efficiency Toto toilets (2026), upgraded designer Artemis/Kovacs ceiling fans, extensive LED lighting upgrades, and a built-in desk installation in the second bedroom. Smart-home features include redundant security systems with Nest and Uniden cameras, Nest 4th Gen thermostat (2025), Ring doorbell camera, and August smart front door lock (2025). The finished garage features Rust-Oleum Epoxy Shield flooring, insulated garage door, manual backup slide locks, ski hooks/drying installation, and a completely custom lockable storage/workshop room with Gladiator storage systems and adjustable gear wall channels designed for secure recreational equipment storage. Furniture inclusions may include beds/mattresses, guest bedroom furniture, Ligne Roset yellow sofa in the living room, Ligne Roset orange reading chair in the bedroom nook, laundry shelving unit, living room and bedroom TVs with soundbar, and basketball hoop. Additional furnishings and the Miele washer/dryer may be negotiable.

Listed by Trinette Borgen — Coldwell Banker Select Mt Rose

Listing Details

Status Active
MLS # 260006370
Price/Sq Ft $304

Property History

May 20, 2026
Listed for sale
$525,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,728
Lot Size 0.01 acres
Stories 3
Year Built 2005
Property Type Condominium
Subdivision Fallen Leaf @ Galena Condominiums
APN 142-323-59
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Desert, Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Heat Pump
Cooling Central Air
Financial
Annual Tax $2,298
HOA Fee $350 / Monthly
HOA / Community Fallen Leaf Homeowners Association
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Pool, Recreation Room, Security, Spa/Hot Tub
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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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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