$498,765 Active
17000 Wedge Parkway #UNIT 1424
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
Virtual Tour

About This Property

Step into effortless living in South Reno's Fallen Leaf community — a fully furnished, move-in-ready retreat where every detail has already been taken care of. This 2-bed, 2-bath home feels instantly welcoming, with fresh updates throughout and two patios that invite slow mornings and evening unwinds. Inside, the home has been lovingly refreshed with new flooring, resurfaced baths, updated fixtures, plantation shutters, window tinting, and brand-new carpet installed August 2026. The kitchen is stocked with newer appliances and a cosmetic refresh that keeps the space bright and modern. A finished 2-car garage with epoxy flooring adds a polished touch. Major systems have been thoughtfully maintained — annual HVAC servicing, regular garage door tuneups, a new water heater, new washer/dryer, and a transferable Fidelity Home Warranty with a documented history of care. The best part? Everything you see can stay. Furniture, décor, and the easy lifestyle that comes with not having to lift a finger. Just bring your suitcase and start enjoying the calm, convenience, and comfort of Fallen Leaf.

Listed by Tiffany Perkins — Hello Real Estate Center

Listing Details

Status Active
MLS # 260010861
Price/Sq Ft $338

Property History

Aug 21, 2026
Listed for sale
$498,765
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,477
Lot Size 0.01 acres
Stories 3
Year Built 2005
Property Type Townhouse
Subdivision Fallen Leaf @ Galena Condominiums
STR Jurisdiction Washoe County
APN 142-323-42
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s), Park/Greenbelt, Trees/Woods
Construction Stucco
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas
Cooling Central Air
Financial
Annual Tax $2,478
HOA Fee $350 / Monthly
HOA / Community Fallen Leaf
Schools
Elementary School Hunsberger
Middle School Marce Herz
High School Galena
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Pool, 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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$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% ($99,753)
Home price
$498,765
Loan details
30-yr fixed, 6.5%
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