$497,000 Active
17000 Wedge Parkway #UNIT 2525
Reno, NV 89511
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,728 Sq Ft
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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, or additional living area. 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.

Listed by Laura Kirsch — Marmot Properties, LLC

Listing Details

Status Active
MLS # 260008989
Price/Sq Ft $288

Property History

Jul 15, 2026
Listed for sale
$497,000
Property Overview
Beds 3
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
STR Jurisdiction Washoe County
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 $425 / 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

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% ($99,400)
Home price
$497,000
Loan details
30-yr fixed, 6.5%
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