$625,000 Active
702 College Drive #UNIT 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

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 that feels both comfortable and full of potential. Natural light pours into the open living area while the spacious deck invites you to relax among the trees and enjoy the peaceful alpine setting. The functional layout offers great separation of space, making it ideal for full-time living, weekend getaways, or a Tahoe investment property. The kitchen features granite countertops and ample cabinet space, while the overall home presents a fantastic opportunity for someone looking to enjoy it today and update over time to match their own style and vision. Located in the heart of Incline Village, you're just 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, especially with this much Tahoe character and architectural appeal. If you've been searching for an authentic mountain retreat with warmth, charm, and value, this is one you won't want to miss. Schedule your private showing today.

Listed by Kristen Pepin — Incline at Tahoe Realty

Listing Details

Status Active
MLS # 260006043
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 0.01 acres
Stories 2
Year Built 1970
Property Type Condominium
Subdivision Incline Crest 3A
County Washoe
STR Jurisdiction Washoe County
APN 129-270-17
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Level, Sloped Down, Wooded
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $2,843
HOA Fee $625 / Monthly
HOA / Community Incline Crest HOA
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities None
📊

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 #UNIT 79, Incline Village

Est. Annual Revenue
$37,640
Avg Nightly Rate
$255
Projected Occupancy
38.6%
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

Send a Message

Or call directly: (530) 317-0373