The Resort at Tanamera Didn’t Get the Memo

Last week I had the pleasure of showing properties to an out-of-state couple who is relocating to Reno.  They had been in town all week and had seen quite a bit of Reno and Sparks during that time.  Ultimately they chose to purchase in The Resort at Tanamera.

I accompanied my clients during their tour of the property, and I must admit I was impressed with what I saw.  Located on South Meadows Parkway between Double R Blvd and Double Diamond Pkwy, The Resort at Tanamera describes its properties as luxury condominium homes.  This master planned community is truly resort living conveniently situated in the middle of the South Meadows.  The amenities are too numerous to list, but I particularly appreciated the 4,800 square foot lagoon-style pool that was designed by the same waterscape architect who created the pool at the Bellagio.  This remarkable amenity is heated year-round and is accompanied by an adjacent koi pond, free flowing water features and two spas.   If you’re not familiar with this quality condo project, check out their website here. There you’ll learn about the Great room with grand piano and fireplace, theater room, sports lounge, business center, meeting room and fitness center.

The amenities don’t end with the Lodge, however.  Eleven floor plans ranging in price from the low $200’s to the mid $300’s offer one-, two- and three-bedroom options, and feature direct-access garages, extra-high nine-foot ceilings, gas fireplaces, oval Roman soaking tubs, tiled entries, solid wood raised panel cabinetry, and kitchens with tiled flooring, slab granite countertops, and stainless steel appliances.

As I said above I was very impressed with the quality of this product, and so were my clients.  They purchased a two-bedroom model with an unobstructed, 180-degree view of Mount Rose and the Sierra Nevada’s. And apparently my clients were not the only ones impressed.  Since the 1st of the year the Tanamera sales team has sold 27 condos.  In fact, since the grand opening sales event last May more than 250 units have been sold.  At the current rate of sales the Tanamera team expects to be completely sold out within ten months.  Currently there are about 180 units remaining, but they’re going fast.  As one of the sales managers put it, “We didn’t get the memo that Reno is in a declining market.”

If you have an interest in touring the models, give me a call. I’d love to accompany you.  At the moment, the developer is offering attractive buydown incentives on some of the models.  This $7,000  – $8,600 rate buydown will result in significantly lowering your mortgage payments.  Additionally, if you are employed in the community services (nurses, teachers, county or government employees, policemen, firemen, etc), an additional $6,000 “Community Champion” incentive is being offered towards non recurring closing costs.