$460,000 Active
17000 Wedge Parkway #1421
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
·
1,348 Sq Ft

About This Property

Discover this inviting two bedroom plus loft two bath condo with a spacious two car garage perfectly situated just off Mt. Rose Highway. This location is your gateway to Lake Tahoe with easy access to world class ski resorts year round outdoor recreation and the vibrant energy of both Reno and Tahoe. Inside you will find an open floor plan with vaulted ceilings that fill the home with natural light and a sense of space. The kitchen is designed for everyday living and entertaining with granite countertops a breakfast bar and updated appliances. Step out onto the private balcony to enjoy your morning coffee or relax after a day of mountain adventures. The community offers resort style amenities including a pool, clubhouse and fitness center. Located very close to shopping and dining and just minutes from scenic hiking and biking trails making it easy to embrace Northern Nevada's perfect blend of convenience and outdoor adventure. This prime location provides quick access to Reno Tahoe International Airport for easy travel and allows you to take advantage of Nevada's favorable tax environment. Whether you are searching for a primary residence a vacation home or an investment property this Mt. Rose condo offers exceptional access to everything Tahoe and Reno have to offer.

Listed by Donald Johnson — Alder Properties

Listing Details

Status Active
MLS # 260007456
Price/Sq Ft $341

Property History

Jun 11, 2026
Listed for sale
$460,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,348
Lot Size 436.00 acres
Stories 1
Year Built 2005
Property Type Condominium
Subdivision Fallen Leaf @ Galena Condominiums
STR Jurisdiction Washoe County
APN 14232339
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Corner Lot, Level
View Meadow
Construction Stucco
Roof Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Hot Water, Natural Gas, Radiant Floor
Cooling Central Air
Financial
Annual Tax $2,826
HOA Fee $350 / Monthly
HOA / Community Fallen Leaf
Schools
Elementary School Hunsberger
Middle School Pine
High School Galena
HOA & Community
Community Amenities Clubhouse, Gated, Parking, Pool, Recreation Room, Spa/Hot Tub
📊

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($92,000)
Home price
$460,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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