$1,157,000 Active
121 Juanita Drive #UNIT 16
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,172 Sq Ft
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About This Property

This three-bedroom, two-bath retreat offers effortless entry-level living, featuring a spacious primary suite on the main floor. Step into the great room and discover a bright, airy sanctuary flooded with natural light from dual skylights. The living area flows seamlessly through a wall of glass onto a sprawling front deck—the perfect venue for morning coffee or sunset gatherings beneath the pines. Tucked away within the complex for a quiet, private setting, the home also boasts incredibly convenient access to the parking area, making unloading supplies a breeze, and is located a short distance from private Lake Tahoe beaches. Enjoy the best of Incline Village privileges with premium complex amenities, including a clubhouse, outdoor pool/hot tub, indoor sauna/jacuzzi, and EV charging. This prime location is close to the Hyatt, dining, shopping and Diamond Peak skiing just a short distance away.

Listed by Mary Reimer — Dickson Realty-Incline Village

Listing Details

Status Active
MLS # 260005845
Days on Market 91
Price/Sq Ft $987

Property History

May 10, 2026
Listed for sale
$1,157,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2005 · county record $585,000 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 3
Baths 2.0
Sq. Ft. 1,172
Lot Size 44.00 acres
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Forest Pines 2
County Washoe
STR Jurisdiction Washoe County
APN 127-290-16
Parking
Total Parking 2
Parking Features Permit Required
Exterior & Lot
Exterior Features None
Lot Features Common Area, Level, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods
Construction Frame
Roof Composition, Pitched
Foundation Crawl Space, Pillar/Post/Pier
Pool & Spa
Pool Heated, In Ground, Outdoor Pool
Utilities & Systems
Heating Baseboard, Electric, Forced Air, Natural Gas
Financial
Annual Tax $3,808
HOA Fee $800 / Monthly
HOA / Community Forest Pines
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Landscaping, Parking, Pool, Sauna, Spa/Hot Tub
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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 — 121 Juanita Drive #UNIT 16, Incline Village

Est. Annual Revenue
$49,477
Avg Nightly Rate
$270
Projected Occupancy
50.2%
Cap Rate
1.7%
Structural Score: 52 / 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
830 sq ft covered of 274 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
914 sq ft
Allowed Coverage
274 sq ft · 30%
Existing Coverage
830 sq ft · 91%
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% ($231,400)
Home price
$1,157,000
Loan details
30-yr fixed, 6.5%
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