$899,000 Active
400 Fairview Boulevard #172
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
·
1,412 Sq Ft
Virtual Tour

About This Property

Perched above Incline Village with sweeping Lake Tahoe and mountain views, this freshly painted condo in Bitterbrush lives like a private mountain retreat. Cathedral ceilings and walls of panoramic windows frame the view from nearly every room, while a stone fireplace anchors the living area for cozy après-ski evenings. The kitchen offers granite counters and custom cabinetry, and an oversized private loft adds flexible space for additional sleeping or a quiet work-from-Tahoe setup with two spacious ensuite bedrooms. Hardwood, stone, and carpet floors throughout, and a spacious deck captures the stunning mountain views and Tahoe's majestic sunsets. Just across from Diamond Peak skiing & hiking, full access to Incline's private beaches, golf, tennis, and hiking. Nevada tax advantage, STR allowed, and two single-car garages. Best value for a Bitterbrush condo!

Listed by Christine Perry — Christie's Sereno

Listing Details

Status Active
MLS # 1019070
Days on Market 1
Price/Sq Ft $637

Property History

Jul 20, 2026
Listed for sale
$899,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,412
Year Built 1996
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-293-27
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Lake,Mountain(s),Ski Area,Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $7,443
HOA Fee $970 / Monthly
📊

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 #172, Incline Village

Est. Annual Revenue
$39,731
Avg Nightly Rate
$208
Projected Occupancy
52.3%
Cap Rate
1.8%
Structural Score: 71 / 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
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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