$490,000 Active
17000 Wedge Parkway #3411
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
·
1,317 Sq Ft

About This Property

Turnkey ground floor unit in coveted location. meticulously maintained and fully furnished, this is the one you've been waiting for. Just minutes from Tahoe and Mt. Rose, this would be a great full or part time residence. Full amenities are included, such as pool, club house and gym. See this special home today.

Listed by John Von Nolde — RE/MAX Gold-Midtown

Listing Details

Status Active
MLS # 260011363
Days on Market 4
Price/Sq Ft $372

Property History

Sep 02, 2026
Listed for sale
$490,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,317
Lot Size 0.01 acres
Stories 1
Year Built 2005
Property Type Condominium
Subdivision Fallen Leaf @ Galena Condominiums
STR Jurisdiction Washoe County
APN 142-324-10
Parking
Garage Spaces 1
Total Parking 1
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Stucco
Roof Pitched, Tile
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $1,927
HOA Fee $425 / Monthly
HOA / Community fallen leaf
Schools
Elementary School Double Diamond
Middle School Depoali
High School Damonte
HOA & Community
Community Amenities Clubhouse, Gated, Landscaping, Pool, Recreation Room
📊

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% ($98,000)
Home price
$490,000
Loan details
30-yr fixed, 6.5%
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