$595,000 Active
722 College Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Incline Crest lllB HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,120 Sq Ft

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About This Property

Investor Special, Please see additional Docs

Listed by Shaun Guardanapo — The Agency

Listing Details

Status Active
MLS # 1019209
Price/Sq Ft $531

Property History

Oct 07, 2026
Listed for sale
$595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2006 · county record $474,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,120
Lot Size 0.01 acres
Stories 2
Year Built 1977
Property Type Residential
County Washoe
STR Jurisdiction Washoe County
APN 129-260-14
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Creek/Stream
Utilities & Systems
Heating Wall Furnace
Financial
Annual Tax $3,484
HOA Fee $530 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
38
PROJECTED GROSS ANNUAL REVENUE
$20K – $35K typically ~$25,000
~$2,083 per month
Avg Nightly
$152
Occupancy
45%
Cap Rate
1.7%

STR Investment Summary — 722 College Drive, Incline Village

Est. Gross Annual Revenue
$20K – $35K
typically ~$25,000
Avg Nightly Rate
$152
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 38 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
805 sq ft covered of 225 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
988 sq ft
Allowed Coverage
225 sq ft · 23%
Existing Coverage
805 sq ft · 81%
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 ↗ How the Basin compares

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

$3,996 per month
Principal & interest
$3,009/mo
Property taxes
$290/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$530/mo
From MLS listing data.
Home insurance
$167/mo
Estimated ~$1,600–$2,400/yr — get a local broker quote for accuracy.
Down payment
20% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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