$1,130,000 $1,175,000 ↓ $45,000 reduced Active
400 Fairview Boulevard #171
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush ll HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
1,588 Sq Ft
Virtual Tour

About This Property

Welcome to this tastefully appointed and remodeled unit, offering breathtaking views of Diamond Peak and the remarkable scenery of Lake Tahoe. As you step inside, you are greeted by expansive picture windows and sliding doors that lead out to a spacious deck. This outdoor area provides incredible panoramic views in every direction, making it the perfect spot to relax and take in the natural beauty. The owners have invested extensively in modernizing this retreat, ensuring both comfort and functionality throughout. The kitchen has been completely updated and features a suite of modern appliances, catering to both everyday living and entertaining.The home offers two bedrooms, each with its own en-suite bathroom, a convenient powder room on the main level, and a spacious loft area that can be utilized as an office, work-out space, or guest accommodation.Safety and convenience are further improved with a brand-new fire sprinkler system installed throughout the home, and a new water heater.

Listed by Janice Schaaf — Engel & Volkers

Listing Details

Status Active
MLS # 1018920
Days on Market 91
Price/Sq Ft $712

Property History

May 27, 2026
Listed for sale
$1,175,000
Jun 22, 2026
Price changed
$1,130,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2021 · county record $900,000 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 2
Baths 2.5
Sq. Ft. 1,588
Stories 3
Year Built 1996
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-293-26
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Lake,Mountain(s),Panoramic,Ski Area,Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas,Hot Water
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $5,423
HOA Fee $970 / Monthly
HOA / Community Canopy Property Mgmt
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$18K – $36K typically ~$27,202
~$2,267 per month
Avg Nightly
$166
Occupancy
45%
Cap Rate
1.0%

STR Investment Summary — 400 Fairview Boulevard #171, Incline Village

Est. Gross Annual Revenue
$18K – $36K
typically ~$27,202
Avg Nightly Rate
$166
Projected Occupancy
45.0%
Cap Rate
1.0%
Structural Score: 51 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (133 comparable 2-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
617 sq ft covered of 6 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
617 sq ft
Allowed Coverage
6 sq ft · 1%
Existing Coverage
617 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% ($226,000)
Home price
$1,130,000
Loan details
30-yr fixed, 6.5%
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