$395,000 Active Under Contract
900 South Meadows Parkway #5414
Reno, NV 89521
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,069 Sq Ft

About This Property

Short Sale Alert in The Resort at Tanamera! Don't miss this rare opportunity to own a 2-bedroom, 2-bathroom ground floor corner unit in one of South Reno’s most desirable gated communities—at a price below market value. This is your chance to invest in resort-style living with instant equity potential. The home features new luxury vinyl plank flooring, fresh interior paint, and an open layout filled with natural light. The refrigerator, washer, and dryer are included, making this a move-in ready home., A 1-car garage plus nearby guest parking add even more value and convenience. Tanamera offers an unbeatable lifestyle with resort-style amenities including two pools, a full fitness center, clubhouse, and spa. All of this in a prime South Reno location close to shopping, dining, and freeway access. This is a short sale—not a drill. Priced to move fast and subject to lender approval. Buyer and Buyer’s Agent to verify all details. Escrow has been pre-opened. HOA capital contribution fee of 0.5% to 1% of sales price due at closing. Some photos have been virtually staged. ?? Act quickly—this opportunity won’t last. Serious buyers only. Contact the listing agent today for access and details.

Listed by Hope Lewis — Keller Williams Group One Inc.

Listing Details

Status Active Under Contract
MLS # 250005101
Days on Market 388
Price/Sq Ft $370

Property History

Apr 14, 2025
Listed for sale
$395,000
Current
Pending
$395,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,069
Lot Size 0.01 acres
Stories 1
Year Built 2000
Property Type Condominium
Subdivision Tanamera Condominiums 1
APN 160-917-05
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air, Refrigerated
Financial
Annual Tax $713
HOA Fee $412 / Monthly
HOA / Community Tanamera
Schools
Elementary School Double Diamond
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Parking, Clubhouse/Recreation Room
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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% ($79,000)
Home price
$395,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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