$2,599,000 $2,649,000 ↓ $50,000 reduced Active Under Contract
400 Fairview Boulevard #UNIT 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. Perched above Incline Village, this 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 serves the top three floors, making every level easily accessible. 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 the 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. Smart & Secure - This is a truly "intelligent" home, featuring a Control 4 Home Automation System that manages security, lighting, and climate. Peace of mind comes standard with a smart leak detection system and automatic water shut-off. Additional features include master bedroom with fireplace, balcony, and a walk-in closet - all on one private floor with laundry; an en suite bedroom/office/den combo with a Murphy bed and wet bar - perfect for entertaining or long term guests; a subgrade wine closet with a 192-bottle capacity; and a finished 2-car garage with epoxy floors, built-in workbench, overhead bike storage, and private spa. Experience the best of Incline Village from this impeccably maintained property.

Listed by Mitch Argon — CalNeva Realty

Listing Details

Status Active Under Contract
MLS # 260002657
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
Stories 4
Year Built 2001
Property Type Condominium
Subdivision Ski Lane Bitterbrush 2
County Washoe
STR Jurisdiction Washoe County
APN 126-292-64
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Sloped Down, Steep Slope
View Mountain(s), Ski Resort
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Natural Gas, Radiant Floor
Water Source Lake Tahoe
Financial
Annual Tax $10,346
HOA Fee $970 / Monthly
HOA / Community Bitterbrush II Homeowners Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Management, Parking
📊

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 #UNIT 162, Incline Village

Est. Annual Revenue
$53,433
Avg Nightly Rate
$311
Projected Occupancy
47.1%
Cap Rate
0.8%
Structural Score: 79 / 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%
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