$599,000 Active
770 Southwood Boulevard #8
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
·
2.5 Baths
·
1,371 Sq Ft

About This Property

Wonderful investment opportunity, or just the chance to make Tahoe living your own. Trust sale with options to transform this property. 1371 square feet with Two bedrooms plus large loft, two full baths, including a jetted tub, and one convenient half bath allow for plenty of room for family and guests. Just this month, new paint, new stairs, new kitchen countertops as well as faucets and sink. Stop by and check out this wonderful opportunity to own in highly desired Incline Village....near Lake Tahoe, Sand Harbor, Golf, and skiing, and miles and miles of biking and hiking. Plenty of dining and shopping are close by as well.

Listed by Suzanne Laviano — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260009131
Price/Sq Ft $437

Property History

Jul 17, 2026
Listed for sale
$599,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,371
Lot Size 0.07 acres
Stories 2
Year Built 1980
Property Type Condominium
Subdivision Southwood Glen
County Washoe
STR Jurisdiction Washoe County
APN 132-280-08
Parking
Total Parking 2
Parking Features Permit Required, Additional Parking, Parking Pad
Exterior & Lot
Lot Features Level
View Trees/Woods
Roof Composition, Shingle
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Electric, Forced Air
Financial
Annual Tax $3,287
HOA Fee $735 / Monthly
HOA / Community Southwood Glen Condominium HOA
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Management, Parking
📊

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 — 770 Southwood Boulevard #8, Incline Village

Est. Annual Revenue
$27,517
Avg Nightly Rate
$152
Projected Occupancy
49.5%
Cap Rate
1.8%
Structural Score: 44 / 100 (Standard) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
567 sq ft covered of 172 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
574 sq ft
Allowed Coverage
172 sq ft · 30%
Existing Coverage
567 sq ft · 99%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($119,800)
Home price
$599,000
Loan details
30-yr fixed, 6.5%
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