Sold $725,000 $749,000 Closed
700 College Drive #15
Incline Village, NV 89451

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SOLD 2026-04-06
Sold for $725,000 (listed at $749,000)
3 Beds
·
2.0 Baths
·
1,120 Sq Ft
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It sold for $725,000 on 2026-04-06, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Fantastic opportunity to own a delightful 3 bedroom, 2 bathroom mountain cabin that blends rustic charm with modern comfort for the ideal Lake Tahoe retreat! The entry level features an open floor plan and wood-beamed ceilings adding to the mountain ambiance; kitchen with updated cabinetry, countertops and appliances; dining area; and living room with convenient access to the outside. A bedroom, full bath, and utility closet with stack washer/dryer complete this level. Upstairs, you’ll find the primary bedroom/bath, and a generous guest bedroom. Recently installed front decking adds fresh appeal to this charming getaway, which has one of the best locations in Mt. Rose Chalets with parking just steps away. Easy access to Mt. Rose Highway and a short distance to all the community amenities: private beaches, 2 golf courses, recreation center, ski resort, restaurants, and shopping. This property is the perfect vacation home, rental unit, or family residence. Welcome home to Tahoe!

Listed by Alvin Steinberg — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1018468
Sold Date 2026-04-06
Sold Price $725,000
Price/Sq Ft $669

Property History

Sep 19, 2025
Listed for sale
$798,000
Current
Sold
$725,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,120
Lot Size 0.00 acres
Stories 2
Year Built 1977
Property Type Residential
County Washoe
STR Jurisdiction Washoe County
APN 129-252-11
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Gas,Wall Furnace
Financial
Annual Tax $3,233
HOA Fee $369 / Monthly
HOA / Community Opus 1

STR Investment Summary — 700 College Drive #15, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.5%
Structural Score: 56 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,600 – $2,400/yr
about $167/mo
Est. Rebuild Cost (Coverage A)
$470,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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