$1,550,000 Active
123 Juanita Drive #21
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
·
1,525 Sq Ft

About This Property

Rare 4-bedroom condo in Forest Pines, this super charming unit offers comfort, flexibility & an unbeatable location. Tucked among the pines yet just steps from it all, enjoy an easy walk to Incline’s private beaches, Lakeshore Blvd, coffee shops, restaurants & the Hyatt. The nearby path connects to the scenic East Shore Trail. Inside, the inviting layout is filled with natural light & warm Tahoe character, with cozy living spaces that feel both welcoming & functional. The 4th bedroom serves as a versatile flex space—ideal as a 2nd family room, media room, or office, & can easily be enclosed for added privacy. Enjoy peaceful surroundings with quick access to year-round recreation including skiing, boating, hiking & biking. 4-bedroom units here are rarely available, making this a unique opportunity in one of Incline Village’s most central locations. A truly special place that feels like home the moment you arrive, inviting you to slow down & enjoy Tahoe living every day.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1018922
Price/Sq Ft $1,016

Property History

May 27, 2026
Listed for sale
$1,550,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,525
Stories 2
Year Built 1971
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-300-80
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,711
HOA Fee $800 / 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 #21, Incline Village

Est. Annual Revenue
$57,245
Avg Nightly Rate
$558
Projected Occupancy
29.8%
Cap Rate
1.5%
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
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% ($310,000)
Home price
$1,550,000
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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