$485,000 $497,000 ↓ $12,000 reduced Active Under Contract
17000 Wedge Parkway #UNIT 2525
Reno, NV 89511

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STR Status Unknown
2 Beds
·
2.0 Baths
·
1,477 Sq Ft
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Our data on this home

About This Property

Beautiful End-Unit Townhome with Vaulted Ceilings, Loft & Resort-Style Amenities. Experience low-maintenance living in this beautifully maintained end-unit townhome featuring a bright floor plan, soaring vaulted ceilings, and abundant natural light throughout. Extra windows, added privacy, and an open layout create an inviting space that's perfect for everyday living and entertaining. The spacious kitchen flows seamlessly into the main living and dining areas, making it ideal for hosting guests or enjoying quiet evenings at home. Upstairs, a versatile loft provides the flexibility today's buyers are looking for, perfect as a home office, media room, reading nook, workout space, additional living area, or even a third bedroom. Enjoy indoor-outdoor living with two private patios, offering peaceful spaces for morning coffee, outdoor dining, or relaxing after a long day. As an end-unit, this home offers enhanced privacy, additional natural light, and fewer shared walls than interior units. Residents enjoy access to exceptional resort-style community amenities, including a sparkling swimming pool, relaxing spa, and fully equipped fitness center, making it easy to enjoy an active, low-maintenance lifestyle. Whether you're searching for a move-in ready Reno townhome, a lock-and-leave property, a primary residence, second home, or investment opportunity, this home offers the perfect combination of comfort, flexibility, and convenience. Don't miss this opportunity to own a beautifully updated townhome with vaulted ceilings, flexible living space, abundant natural light, and sought-after community amenities. Schedule your private showing today. HOA dues are currently 425 dollar/month, including a 75 dollar/month special assessment. Seller is willing to pay off the remaining special assessment with an acceptable offer, reducing the HOA dues to 350 dollar/month. Buyer to verify all HOA information independently. The AHS home warranty will get transferred too.

Listed by Laura Kirsch — Marmot Properties, LLC

Listing Details

Status Active Under Contract
MLS # 260008989
Days on Market 99
Price/Sq Ft $328

Property History

Jul 15, 2026
Listed for sale
$497,000
Aug 11, 2026
Price reduced
$485,000 $497,000 ↓ $12,000
Sep 29, 2026
Pending
$485,000
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 142-324-19
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Heat Pump, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,331
HOA Fee $350 / Monthly
HOA / Community FALLEN LEAF AT GALENA CONDOS
Schools
Elementary School Lenz
Middle School Pine
High School Galena
HOA & Community
Community Amenities Fitness Center, Gated, Landscaping, Management, Parking, Pool, Spa/Hot Tub
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
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Home Insurance Estimate

Standard homeowners policy for this home

$1,500 – $2,200/yr
about $154/mo
Est. Rebuild Cost (Coverage A)
$443,100

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$3,150 per month
Principal & interest
$2,452/mo
Property taxes
$194/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$350/mo
From MLS listing data.
Home insurance
$154/mo
Estimated ~$1,500–$2,200/yr — get a local broker quote for accuracy.
Down payment
20% ($97,000)
Home price
$485,000
Loan details
30-yr fixed, 6.5%
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