$2,590,000 Active
400 Fairview Boulevard #156
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
Virtual Tour

About This Property

Experience refined mountain luxury in this exceptional Incline Village retreat, showcasing breathtaking panoramic views of Lake Tahoe and Diamond Peak. Ideally positioned just moments from the ski resort and Incline’s private beaches, enjoy effortless access to world-class skiing, boating, hiking, golf, and year-round recreation. The dramatic great room features soaring cathedral ceilings, abundant natural light, and an expansive lake view deck. Entertain with a natural gas-connected grill, two gas fireplaces, and a wet bar with wine refrigerator in the media room. The serene primary suite offers a private view deck, fireplace, and adjacent laundry. Radiant floor heating, upper-level A/C, Nest smart home technology, a private elevator, central vacuum, interior sprinkler system, Craftsman workshop with custom built-ins, loft storage, and a fourth-floor viewing deck complete this exceptional residence, offering the ultimate Tahoe lifestyle where luxury, convenience, and adventure await.

Listed by Caitlin Khoury — Compass

Listing Details

Status Active
MLS # 1019015
Days on Market 45
Price/Sq Ft $875

Property History

Jun 27, 2026
Listed for sale
$2,590,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2016 · county record $1,300,000 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 126-292-60
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Patio
View Lake,Mountain(s),Panoramic,Ski Area
Roof Composition
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Radiant Floor
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $10,241
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 #156, Incline Village

Est. Annual Revenue
$43,244
Avg Nightly Rate
$243
Projected Occupancy
48.7%
Cap Rate
0.7%
Structural Score: 64 / 100 (Premium) · 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
1,174 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
1,174 sq ft · 95%
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% ($518,000)
Home price
$2,590,000
Loan details
30-yr fixed, 6.5%
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