$2,599,000 $2,649,000 ↓ $50,000 reduced Active Under Contract
400 Fairview Boulevard #162
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush l HOA allows short-term rentals.
4 Beds
·
3.5 Baths
·
2,961 Sq Ft

About This Property

Luxury Living Elevated! Short Term Rentals Allowed. Freshly painted end-unit condo offers you an unparalleled Tahoe lifestyle with panoramic views of Lake Tahoe and Diamond Peak Ski Resort framing every window, while the seasonal melody of Third Creek echoes from the valley below. Effortless Alpine Luxury - Forget the stairs—a private internal elevator. Comfort is a year-round priority with 4-zone radiant floor heating and top-floor air conditioning. The open-concept Great Room flows seamlessly from a gourmet kitchen with granite counters to a private balcony equipped with a natural gas BBQ hookup—perfect for sunset entertaining and gazing at the lake views. Additional features include primary bedroom with fireplace, balcony, and a walk-in closet - all on one private floor; an en-suite bedroom/office/den combo with a Murphy bed and wet bar - perfect for entertaining or long term guests; and a finished 2-car garage with epoxy floors, built-in workbench, and overhead bike storage.

Listed by Mitchell Argon — Cal Neva Realty

Listing Details

Status Active Under Contract
MLS # 1018698
Days on Market 154
Price/Sq Ft $878

Property History

Mar 11, 2026
Listed for sale
$2,599,000
Jun 29, 2026
Price changed
$2,599,000
Aug 03, 2026
Pending
$2,599,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2011 · county record $1,020,000 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 3.5
Sq. Ft. 2,961
Year Built 2001
Property Type Condominium
Style Traditional
County Washoe
STR Jurisdiction Washoe County
APN 126-292-64
Parking
Garage Spaces 2
Parking Features Attached,Front Entry,Garage,Two Car Garage,Open,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck
Lot Features No Backyard Grass,Sloped
View Lake,Mountain(s),Panoramic,Ski Area,Creek/Stream,Trees/Woods
Construction Frame,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Hot Water,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $10,346
HOA Fee $970 / Monthly
HOA / Community Canopy Property Services
📊

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 Boulevard #162, Incline Village

Est. Annual Revenue
$44,673
Avg Nightly Rate
$251
Projected Occupancy
48.7%
Cap Rate
0.7%
Structural Score: 78 / 100 (Luxury) · 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
1,042 sq ft covered of 12 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,238 sq ft
Allowed Coverage
12 sq ft · 1%
Existing Coverage
1,042 sq ft · 84%
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% ($519,800)
Home price
$2,599,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message