$1,299,000 $1,360,000 ↓ $61,000 reduced Active
123 Juanita Drive #7
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Forest Pines HOA allows short-term rentals.
4 Beds
·
2.0 Baths
·
1,388 Sq Ft
Virtual Tour

About This Property

123 Juanita Drive #7 blends comfort, location, and versatility in the heart of Incline Village—about half a mile from Incline Beach, one of three private beaches for residents. This inviting Forest Pines condo keeps you close to the shoreline and the best of Tahoe living. A rare 4-bedroom layout offers generous space for family and friends, plus all-new kitchen appliances—an easy mountain retreat. The association currently allows short-term rentals, making it a strong option for buyers seeking rental potential in a centrally located complex. Forest Pines offers a clubhouse, seasonal pool, year-round spa and sauna, and well-kept grounds. The low-elevation setting supports easy year-round access, with ample parking for owners and guests. Minutes to local dining, shopping, and outdoor recreation you’re also close to the Incline Recreation Center, the Championship and Mountain golf courses and Diamond Peak—making it easy to enjoy Tahoe year-round, whether you live full-time or visit too.

Listed by Michelle Seeley — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018692
Days on Market 159
Price/Sq Ft $936

Property History

Mar 06, 2026
Listed for sale
$1,299,000
Jul 09, 2026
Price changed
$1,299,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 · county record $1,375,000 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 4
Baths 2.0
Sq. Ft. 1,388
Year Built 1971
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-300-31
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Mountain(s),Trees/Woods
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $2,611
HOA Fee $650 / Monthly
HOA & Community
Community Amenities Clubhouse,Pool,Sauna,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 — 123 Juanita Drive #7, Incline Village

Est. Annual Revenue
$41,691
Avg Nightly Rate
$233
Projected Occupancy
48.9%
Cap Rate
1.3%
Structural Score: 54 / 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
935 sq ft covered of 281 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
935 sq ft
Allowed Coverage
281 sq ft · 30%
Existing Coverage
935 sq ft · 100%
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% ($259,800)
Home price
$1,299,000
Loan details
30-yr fixed, 6.5%
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