$1,250,000 Active
120 Country Club Drive #3
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village at Incline HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
2,088 Sq Ft

About This Property

Lifestyle, Location, and Income—All in One. Perfectly positioned in the heart of Incline Village, directly across the street from the iconic Hyatt Regency Lake Tahoe, this high-visibility mixed-use condominium presents a rare opportunity to combine luxury living, business ownership, and income potential in one exceptional property. The residence features a thoughtfully updated, contemporary living space with soaring ceilings, abundant natural light, and refined finishes throughout. Designed for both comfort and style, the upper-level living area includes an open-concept kitchen, spacious living room with fireplace, modern bathrooms, in-unit laundry, and private sleeping quarters—ideal for full-time living, a second home, or short-term rental use. Below, the street-level commercial space offers excellent storefront exposure, strong foot traffic, and a flexible layout well-suited for professional office, boutique retail, wellness, or service-based businesses. Recently refreshed, the commercial unit includes a private office, open workspace, kitchenette, and a beautifully finished bathroom—providing a turnkey foundation ready to be tailored to your business vision. Whether you choose to live upstairs and operate your business below, rent one or both units, or capitalize on short-term rental demand, this property delivers unmatched optionality in one of Incline Village's most sought-after commercial corridors. Surrounded by restaurants, retail, salons, and everyday conveniences—and just moments from private beaches on Lakeshore Boulevard—this is a truly unique Tahoe ownership opportunity.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 260005631
Price/Sq Ft $599

Property History

May 06, 2026
Listed for sale
$1,250,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 2,088
Lot Size 0.10 acres
Stories 3
Year Built 1974
Property Type Condominium
Subdivision Village At Incline 1
County Washoe
STR Jurisdiction Washoe County
APN 130-180-033
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Wooded
Construction Concrete
Roof Asphalt, Composition, Flat
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $4,458
HOA Fee $860 / Monthly
HOA / Community Country Club Center
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Parking
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 120 Country Club Drive #3, Incline Village

Est. Annual Revenue
$39,237
Avg Nightly Rate
$326
Projected Occupancy
33.0%
Cap Rate
1.3%
Structural Score: 53 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($250,000)
Home price
$1,250,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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