$1,690,000 Active
725 Fairview Boulevard #APT 23
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Incline Pines HOA does not allow short-term rentals.
6 Beds
·
3.0 Baths
·
2,836 Sq Ft
Virtual Tour

About This Property

A true Incline Pines retreat, this beautifully positioned 6-bedroom, 3-bath residence captures the best of Tahoe living with filtered lake views, spectacular sunsets, and sun-filled interiors from its desirable eastern-slope setting. Vaulted ceilings and an inviting open-concept main level create an effortless flow for everyday living and entertaining, while south-facing rooms welcome abundant natural light throughout the day and a warm fireplace anchors the living area with cozy mountain ambiance. Step onto the expansive deck off the great room for summer barbecues, sunset gatherings, and peaceful moments overlooking Lake Tahoe. The thoughtfully designed layout offers privacy and flexibility for family and guests alike, with the primary suite privately tucked away on one side of the upper level and enjoying serene filtered lake views, while two additional bedrooms and a shared bath occupy the opposite wing. Downstairs, a spacious secondary living area with its own bar, patio access, laundry, full bath, and three additional bedrooms creates an ideal setting for entertaining, hosting guests, or creating a separate retreat. Set within sought-after Incline Pines, this home places you moments from the very best of Incline Village, including Diamond Peak, private beaches, championship golf, tennis and pickleball courts, the Recreation Center, dining, and year-round Tahoe adventure.

Listed by Eric Gonzales — RE/MAX Professionals-Reno

Listing Details

Status Active
MLS # 260012357
Days on Market 3
Price/Sq Ft $596

Property History

Sep 25, 2026
Listed for sale
$1,690,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 1994 · county record $217,500 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 6
Baths 3.0
Sq. Ft. 2,836
Stories 1
Year Built 1973
Property Type Condominium
Subdivision Incline Pines
County Washoe
STR Jurisdiction Washoe County
APN 126-301-04
Parking
Total Parking 2
Parking Features Additional Parking, Parking Pad
Exterior & Lot
Exterior Features Awning(s)
Lot Features Common Area, Gentle Sloping, Wooded
View Mountain(s), Trees/Woods
Construction Brick
Roof Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $4,335
HOA Fee $750 / Monthly
HOA / Community Incline Pines
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Parking, Security
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STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$60K – $115K typically ~$90,000
~$7,500 per month
Avg Nightly
$771
Occupancy
32%
Cap Rate
2.1%

STR Investment Summary — 725 Fairview Boulevard #APT 23, Incline Village

No revenue projection. This HOA does not allow short-term rentals.
Est. Gross Annual Revenue
$60K – $115K
typically ~$90,000
Avg Nightly Rate
$771
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 58 / 100 (Premium) · STR Zone: Red

Nightly rates and occupancy from Incline Village market data (68 comparable 5-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
589 sq ft covered of 16 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,620 sq ft
Allowed Coverage
16 sq ft · 1%
Existing Coverage
589 sq ft · 36%
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

$9,957 per month
Principal & interest
$8,546/mo
Property taxes
$361/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$750/mo
From MLS listing data.
Home insurance
$300/mo
Estimated ~$2,900–$4,300/yr — get a local broker quote for accuracy.
Down payment
20% ($338,000)
Home price
$1,690,000
Loan details
30-yr fixed, 6.5%
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