$600,000 Active
807 Alder Avenue #49
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. All Seasons HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
898 Sq Ft
Virtual Tour

About This Property

Charming and versatile 2-bedroom, 2-full-bath condo offering a wonderful blend of mountain comfort, flexibility, and investment potential in Incline Village. Updated flooring throughout creates a fresh, inviting feel, while the thoughtfully designed layout includes a completely separate lock-off unit with its own private entrance, offering an excellent opportunity for additional rental income or a private space for guests. Short-term rentals are allowed, adding to the appeal for investors or those seeking a Tahoe getaway with income potential. Conveniently located close to town, with easy access to restaurants, shops, entertainment, and the many year-round activities Incline Village has to offer. Enjoy access to world-class community amenities including private beaches, golf, Diamond Peak Ski Resort, tennis and pickleball, hiking and biking trails, recreation facilities, and more. A charming Tahoe retreat, income-producing opportunity, or combination of both!

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019100
Price/Sq Ft $668

Property History

Aug 04, 2026
Listed for sale
$600,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2017 · county record $365,000 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 898
Stories 1
Year Built 1978
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-051-17
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Open Lot,Wooded,Level
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,805
HOA Fee $795 / Monthly
HOA / Community IPM
📊

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 — 807 Alder Avenue #49, Incline Village

Est. Annual Revenue
$38,271
Avg Nightly Rate
$206
Projected Occupancy
51.1%
Cap Rate
2.6%
Structural Score: 50 / 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
624 sq ft covered of 278 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
926 sq ft
Allowed Coverage
278 sq ft · 30%
Existing Coverage
624 sq ft · 67%
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 ↗

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% ($120,000)
Home price
$600,000
Loan details
30-yr fixed, 6.5%
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