$925,000 Active
120 Village Boulevard #UNIT 121
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village Estates HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,111 Sq Ft

About This Property

One of the closest units walkable within minutes to Ski Beach, and the recreation center, with a short drive up to Diamond Peak from this updated two-bedroom, two-bathroom McCloud condo. Brand new interior paint, new carpeting, and a new bathtub give the home a refreshed feel. The spacious living room with corner windows and wood-burning fireplace opens to a private balcony on the edge of the community, while the dining area offers room for meals and gatherings. Residents also enjoy the community hot tub and the convenience of nearby beach and mountain recreation. Comfortable and move-in-ready, this condo is a great spot to enjoy all that Incline Village has to offer.

Listed by Soni Jackson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260003641
Days on Market 135
Price/Sq Ft $833

Property History

Mar 31, 2026
Listed for sale
$925,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2006 · county record $615,000 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 2.0
Sq. Ft. 1,111
Stories 1
Year Built 1992
Property Type Condominium
Subdivision Mccloud Condominiums
County Washoe
STR Jurisdiction Washoe County
APN 127-076-29
Parking
Garage Spaces 1
Total Parking 1
Parking Features Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Other
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $4,550
HOA Fee $1,123 / Monthly
HOA / Community McCloud Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Spa/Hot Tub
📊

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 Village Boulevard #UNIT 121, Incline Village

Est. Annual Revenue
$38,496
Avg Nightly Rate
$205
Projected Occupancy
51.5%
Cap Rate
1.7%
Structural Score: 50 / 100 (Standard) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
807 sq ft covered of 294 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
980 sq ft
Allowed Coverage
294 sq ft · 30%
Existing Coverage
807 sq ft · 82%
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% ($185,000)
Home price
$925,000
Loan details
30-yr fixed, 6.5%
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