$625,000 Active
702 College Drive #79
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
1.5 Baths
·
1,312 Sq Ft
Virtual Tour

About This Property

Surrounded by towering pines and filled with warm mountain character, this 2-bedroom, 1.5-bath Incline Village condo captures the feel of classic Tahoe living. Vaulted wood-beam ceilings, expansive windows, rich wood accents, and a cozy fireplace create an inviting space full of warmth and potential. Natural light fills the open living area while the spacious deck offers a peaceful setting to relax among the trees. The kitchen features granite countertops and ample cabinet space, while the functional layout works well for full-time living, weekend escapes, or investment potential. Located in the heart of Incline Village, you’re minutes from beaches, golf courses, restaurants, shopping, hiking trails, and world-class skiing. Opportunities to own in Incline at this price point are becoming harder to find. If you’ve been searching for authentic Tahoe charm, value, and a mountain retreat ready to enjoy today with room to make it your own, this is it. Book a private showing today.

Listed by Kristen Pepin — Sun Bear Realty And Management

Listing Details

Status Active
MLS # 1018846
Price/Sq Ft $476

Property History

May 14, 2026
Listed for sale
$625,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,312
Lot Size 0.00 acres
Stories 2
Year Built 1970
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 129-270-17
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,844
HOA Fee $625 / Monthly
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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 — 702 College Drive #79, Incline Village

Est. Annual Revenue
$37,510
Avg Nightly Rate
$254
Projected Occupancy
39.7%
Cap Rate
2.4%
Structural Score: 52 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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Or call directly: (530) 317-0373