$995,000 Active
807 Alder Avenue #UNIT 38
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but All Seasons HOA does not allow short-term rentals.
3 Beds
·
3.0 Baths
·
1,243 Sq Ft

About This Property

Beautifully remodeled 3-bed, 3-bath condo in a prime low-elevation Incline Village location. Stroll or bike to Lake Tahoe shoreline, shops, restaurants, and more. This end-unit features modern updates, including new doors, luxury vinyl flooring, modern kitchen cabinets, remodeled bathrooms, and a sleek fireplace. Enjoy high wood-beamed and two spacious decks: one off the living room and another off the primary suite. The functional layout offers two bedrooms and baths on the main level, with a private third bedroom and bath in the loft with a walk-in closet. Private storage lockers at both the top & bottom of the staircase and a washer/dryer add convenience. HOA allows short-term rentals with a Washoe County Permit. Residents enjoy access to private beaches, golf courses, Diamond Peak Ski Resort, and multiple other amenities. A perfect low-maintenance, move-in-ready getaway or investment property! Call to set up a private tour.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 260009913
Price/Sq Ft $800

Property History

Aug 01, 2026
Listed for sale
$995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2024 · county record $749,000 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 3
Baths 3.0
Sq. Ft. 1,243
Lot Size 0.02 acres
Stories 2
Year Built 1978
Property Type Condominium
Subdivision Woodstock 2
County Washoe
STR Jurisdiction Washoe County
APN 132-053-11
Parking
Total Parking 2
Parking Features Permit Required
Exterior & Lot
Exterior Features Balcony
Lot Features Landscaped, Sprinklers In Rear
Construction Frame
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Natural Gas
Cooling Electric
Financial
Annual Tax $2,828
HOA / Community Sierra North Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Parking, Storage
📊

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 #UNIT 38, Incline Village

Est. Annual Revenue
$49,570
Avg Nightly Rate
$271
Projected Occupancy
50.2%
Cap Rate
2.0%
Structural Score: 52 / 100 (Standard) · STR Zone: Red

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
711 sq ft covered of 276 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
920 sq ft
Allowed Coverage
276 sq ft · 30%
Existing Coverage
711 sq ft · 77%
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% ($199,000)
Home price
$995,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message