$569,900 $1,018,452 ↓ $448,552 reduced
807 Alder Avenue #89
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Woodstock HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,052 Sq Ft

Our data on this home

About This Property

BEAUTIFUL WOODSTOCK REMODEL JUST COMPLETED! New carpet/vinyl plank flooring throughout, new stainless steel appliances that include a refrigerator, stove & dishwasher. Absolute pluses: New double pane windows & slider, new light fixtures, new kitchen counter/sink, new paint and much more! This is an unfurnished, lower 2 bedroom, 2 bath unit with a woodburning fireplace, tons of sunlight, a nice quiet location, & an onsite community laundry. Additionally, enjoy the plus of a super low elevation location just blocks from Raley's Super Market & shopping center, a hospital, library, post office, schools, restaurants, & the Hyatt Regency Hotel & Casino. Incline's amenities are yours to enjoy: 2 golf courses, 3 beaches, Diamond Peak Ski Resort, & the Rec Center with an indoor pool, gym, pickleball court & tennis courts just minutes away. This unit offers the best of both worlds as an investment purchase for either short term or long term renting...or a delightful place to call home!

Listed by Sherine Kuckhoff — Coldwell Banker Select

Listing Details

Status Withdrawn
MLS # 1018777
Days on Market 198
Price/Sq Ft $542

Property History

Apr 07, 2026
Listed for sale
$1,018,452
Jun 23, 2026
Price changed
$569,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2004 · county record $225,000 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 2
Baths 2.0
Sq. Ft. 1,052
Stories 1
Year Built 1978
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-52-12
Parking
Parking Features No Garage,Open,Off Street,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Backs to Greenbelt/Park,Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,621
HOA Fee $795 / Monthly
HOA / Community Incline Property Mgt.
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$35K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.8%

STR Investment Summary — 807 Alder Avenue #89, Incline Village

Est. Gross Annual Revenue
$35K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.8%
Structural Score: 54 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-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

$1,100 – $1,600/yr
about $112/mo
Est. Rebuild Cost (Coverage A)
$315,600

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

See it in the monthly payment

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

$4,008 per month
Principal & interest
$2,882/mo
Property taxes
$218/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$795/mo
From MLS listing data.
Home insurance
$113/mo
Estimated ~$1,100–$1,600/yr — get a local broker quote for accuracy.
Down payment
20% ($113,980)
Home price
$569,900
Loan details
30-yr fixed, 6.5%
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