$1,225,000 Active
120 Country Club Drive #59
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village at Incline HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
1,588 Sq Ft
Virtual Tour

About This Property

Updated, low elevation condo in the heart of Incline Village, offering the perfect mix of comfort, privacy, and convenience for easy Tahoe living. Boat parking, a detached one-car garage, and located just a short walk from beaches, restaurants, the Hyatt, and other local businesses make this home as practical as it is inviting. Inside, bright hardwood floors, thoughtful updates, and an open kitchen and living area create a warm space for everyday comfort and easy entertaining. Gather by the fireplace after a day at the lake, or enjoy morning coffee or summer dinners on the private patio. Upstairs, two spacious ensuite bedrooms offer flexibility for family or guests. With close proximity to beaches, tennis, golf, dining, and year-round recreation, this condo is an ideal opportunity to enjoy the Incline Village lifestyle without the upkeep of a single-family home. Whether a full-time residence, weekend escape, or investment property, this is Lake Tahoe living made simple.

Listed by Lukas Brassie — Compass

Listing Details

Status Active
MLS # 1019026
Days on Market 46
Price/Sq Ft $771

Property History

Jul 02, 2026
Listed for sale
$1,225,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2018 · county record $665,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,588
Stories 2
Year Built 1990
Property Type Condominium
Style Other
County Washoe
STR Jurisdiction Washoe County
APN 130-180-59
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage,Open,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Landscaping,Patio
Lot Features Level
View Trees/Woods
Construction Frame
Utilities & Systems
Heating Baseboard,Hot Water
Financial
Annual Tax $5,151
HOA Fee $940 / Monthly
HOA / Community Associate Sierra North
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$38,686 ($30K – $50K range)
~$3,224 per month
Avg Nightly
$236
Occupancy
45%
Cap Rate
1.3%

STR Investment Summary — 120 Country Club Drive #59, Incline Village

Est. Gross Annual Revenue
$38,686
Avg Nightly Rate
$236
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 68 / 100 (Premium) · 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. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
770 sq ft covered of 234 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
780 sq ft
Allowed Coverage
234 sq ft · 30%
Existing Coverage
770 sq ft · 99%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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% ($245,000)
Home price
$1,225,000
Loan details
30-yr fixed, 6.5%
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