$575,000 $600,000 ↓ $25,000 reduced Active
807 Alder Avenue #UNIT 49
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
·
898 Sq Ft
Virtual Tour

Our data on this home

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 Incline

Listing Details

Status Active
MLS # 260010281
Days on Market 94
Price/Sq Ft $640

Property History

Aug 10, 2026
Listed for sale
$600,000
Sep 03, 2026
Price reduced
$575,000 $600,000 ↓ $25,000

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; 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. 898
Lot Size 0.02 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Woodstock 2
County Washoe
STR Jurisdiction Washoe County
APN 132-051-17
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Wooded
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric, Fireplace(s), Hot Water, Radiant Floor
Financial
Annual Tax $2,806
HOA Fee $795 / Monthly
HOA / Community Associa Sierra North
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Parking
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
61
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
3.2%

STR Investment Summary — 807 Alder Avenue #UNIT 49, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
3.2%
Structural Score: 61 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (138 comparable 2-bedroom rentals, 2026-11); 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

$900 – $1,300/yr
about $92/mo
Est. Rebuild Cost (Coverage A)
$269,400

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

$4,029 per month
Principal & interest
$2,908/mo
Property taxes
$234/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
$92/mo
Estimated ~$900–$1,300/yr — get a local broker quote for accuracy.
Down payment
20% ($115,000)
Home price
$575,000
Loan details
30-yr fixed, 6.5%
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