$1,078,000 Closed
120 Country Club Drive #27
Incline Village, NV 89451
SOLD 2025-11-26
Sold for $1,025,000 (listed at $1,078,000)
Real Estate Tahoe represented the buyer
2 Beds
·
2.0 Baths
·
2,088 Sq Ft

About This Property

This mixed-use condominium offers an exceptional opportunity for investors seeking rental income, coveted Incline Village resident privileges, and rare commercial space. Ideally located near Lake Tahoe and the Hyatt, the property boasts prime visibility and consistent foot traffic, making it an ideal spot for both retail and residential demand. The lower level is fully equipped to accommodate commercial tenants, with spacious areas perfect for retail or office use, while also offering convenient parking for both commercial and residential tenants. Upstairs, the bright two-bedroom, two-bath condo with fresh paint and a cozy fireplace provides a comfortable living space for tenants or owners. With the unique combination of rental potential, residential perks in Incline Village, and valuable commercial space, this property is perfectly suited for those seeking a live-work environment or investors looking to capitalize on a versatile, high-demand location.

Listed by Chad Mitchell — Sierra Sotheby's International

Listing Details

Status Closed
MLS # 1018301
Sold Date 2025-11-26
Sold Price $1,025,000
Price/Sq Ft $516

Property History

Jun 30, 2025
Listed for sale
$1,098,000
Current
Sold
$1,025,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2025 $1,135,000 Blane JohnsonSun Bear Realty And Management Chad MitchellSierra Sotheby's International
Nov 2025 · this listing $1,025,000 (-10%) Chad MitchellSierra Sotheby's International Murat GocmenChase International

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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 130-180-27
Parking
Parking Features No Garage,Open,Off Street,Outside,Public
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Trees/Woods
Roof Flat
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,001
HOA Fee $860 / Monthly
HOA / Community Incline Property Mgmt

STR Investment Summary — 120 Country Club Drive #27, Incline Village

Est. Gross Annual Revenue
$30K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 45 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (133 comparable 2-bedroom rentals, 2026-08); 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.

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