Sold $720,000 $739,000 Closed
807 Alder Avenue #68
Incline Village, NV 89451

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SOLD 2025-02-10
Sold for $720,000 (listed at $739,000)
3 Beds
·
3.0 Baths
·
1,243 Sq Ft
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It sold for $720,000 on 2025-02-10, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Experience the perfect blend of comfort & convenience in this renovated end-unit, minutes from town, shops, grocery stores, & restaurants, with the added bonus of Incline Village's exclusive private beaches. This unit boasts modern upgrades throughout, including a sleek kitchen, updated bathrooms, energy-efficient windows, stylish doors, durable flooring, high-end appliances, a cozy fireplace and more. The kitchen flows seamlessly into the living dining areas, leading to a private deck overlooking a serene wooded area. The layout features two spacious bedrooms, including a primary suite with an ensuite bath and a private deck for relaxing mornings or evenings. The upper level features a loft-style bedroom with a full bathroom & spacious closet, offering privacy & functionality. Covered storage space at your doorstep is perfect for ski gear and all Tahoe toys. If you're seeking a move-in-ready, low-maintenance retreat with unbeatable proximity to town and the lake, look no further!

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Closed
MLS # 1016849
Sold Date 2025-02-10
Sold Price $720,000
Price/Sq Ft $595

Property History

Dec 19, 2024
Listed for sale
$739,000
Current
Sold
$720,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,243
Stories 2
Year Built 1978
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 132-054-01
Parking
Parking Features No Garage,Open,Off Street
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $2,187
HOA Fee $905 / Monthly
HOA / Community Associa Sierra North

STR Investment Summary — 807 Alder Avenue #68, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 49 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,300 – $1,900/yr
about $133/mo
Est. Rebuild Cost (Coverage A)
$372,900

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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