$499,990 Active
807 N Alder Avenue #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
700 Sq Ft

About This Property

Bright, updated 1-bedroom, 1-bath home in Incline Village in the Lake Tahoe basin with strong short-term rental (STR) potential. This partially furnished home features an open living area with fireplace, large windows, and a private deck with a heater and outdoor lighting—ideal year-round use. The kitchen offers granite countertops and modern cabinetry, while the spacious bedroom provides flexibility for guests or a work-from-home setup. Clean, updated bath and extra storage for skis, beach gear, and owner use. Open floor plan plenty of natural light streaming through dual pane windows. The gas fireplace creates a warm and welcoming atmosphere perfect for relaxing after a long day. The property also includes convenient on-site common laundry facilities fully landscaped courtyard with BBQs. Easy access to a walking path that connects to the private beaches, shops and restaurants.

Listed by Bradley Buxton — Compass

Listing Details

Status Active
MLS # 260005380
Price/Sq Ft $714

Property History

May 01, 2026
Listed for sale
$499,990
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 700
Lot Size 0.02 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Woodstock 2
County Washoe
STR Jurisdiction Washoe County
APN 132-043-03
Parking
Total Parking 2
Parking Features Permit Required, Additional Parking, None
Exterior & Lot
Lot Features Common Area, Landscaped, Level
Construction Unknown
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $2,625
HOA Fee $719 / Monthly
HOA / Community All Seasons
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Barbecue, Landscaping, Management, 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 N Alder Avenue #21, Incline Village

Est. Annual Revenue
$41,725
Avg Nightly Rate
$282
Projected Occupancy
39.6%
Cap Rate
3.3%
Structural Score: 57 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($99,998)
Home price
$499,990
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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