Sold $1,077,700 $1,225,000 Closed
120 Country Club Drive #10
Incline Village, NV 89451

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SOLD 2024-10-29
Sold for $1,077,700 (listed at $1,225,000)
2 Beds
·
2.0 Baths
·
2,088 Sq Ft
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Our data on this home

About This Property

Investment Opportunity close to Lake Tahoe. This property is zoned for multi use. Live/work in one part of the unit and rent out the other. One bedroom and bath is on the condo entry level, and upstairs is the 2nd bedroom and bath, with an open loft/family room. The commercial portion is downstairs with lots of light and plenty of storage. Fantastic location across the street from the Hyatt and Lone Eagle, near Aspen Grove and the Incline Village Rec Center. Within a short distance to all these locations as well as Incline's private beaches. This is a perfect location for your Tahoe business; living quarters are upstairs and the commercial space is downstairs with great exterior access and parking. This property is also adjacent to some of Incline Village's finest dining and shops, the UNR Tahoe campus is across the street. Ample flexibility in use options.

Listed by Karen Bruno — Dickson Realty

Listing Details

Status Closed
MLS # 1015519
Sold Date 2024-10-29
Sold Price $1,077,700
Price/Sq Ft $587

Property History

Jun 20, 2024
Listed for sale
$1,345,000
Current
Sold
$1,077,700
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 2,088
Stories 3
Year Built 1974
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 130-180-10
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Construction Frame
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $3,008
HOA Fee $835 / Monthly
HOA / Community Incline Property Mgmt

STR Investment Summary — 120 Country Club Drive #10, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.6%
Structural Score: 50 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-bedroom rentals, 2026-10); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Home Insurance Estimate

Standard homeowners policy for this home

$2,100 – $3,100/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$626,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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