$1,125,000 Active
400 Fairview #111
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush l HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
1,232 Sq Ft
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About This Property

Incline Village Condominium features Dynamic, unobstructed Diamond Peak views and partial Lake Tahoe view! Located 5 minutes from Incline Village's shopping, restaurants, beaches, golf course, recreation center and tennis/pickleball. This Bitterbrush is an end unit with good views of Lake Tahoe from the primary ensuite and from the south facing deck. Two ensuite bedrooms are a short flight of stairs from the garage. Kitchen and bathrooms were remodeled in 2014-2015. An additional large island was added to complement the existing kitchen. Additionally, a convenient 1/2 bath was added on the great room level. A beautiful stone fireplace is the centerpiece of the great room. One garage and one carport are attached to the condo. Extensive views, mountain air, access to hiking and biking complement this mountain comfort condo. The mountains are truly calling you to this mountain serenity!

Listed by Sharon Peplau — Lakeshore Realty

Listing Details

Status Active
MLS # 1018972
Days on Market 1
Price/Sq Ft $913

Property History

Jun 30, 2026
Listed for sale
$1,125,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,232
Stories 3
Year Built 1992
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-294-08
Parking
Garage Spaces 1
Parking Features Attached,Carport,Garage,One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Lake,Mountain(s),Ski Area
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $4,358
HOA Fee $970 / Monthly
HOA / Community Canopy
📊

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 — 400 Fairview #111, Incline Village

Est. Annual Revenue
$35,279
Avg Nightly Rate
$273
Projected Occupancy
34.3%
Cap Rate
1.3%
Structural Score: 72 / 100 (Premium) · 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% ($225,000)
Home price
$1,125,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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