$1,395,000 Active
807 Tahoe Boulevard - #3
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2,134 Sq Ft

About This Property

807 Tahoe Blvd offers a rare chance to own a fully remodeled mixed-use property in the heart of Incline Village with short-term rental potential. Comprised of two legal parcels being sold separately, the building was taken down to the studs and rebuilt with quality finishes throughout. Each suite features mountain-modern design with stainless steel appliances, black granite countertops, hickory cabinetry, in-unit laundry, and white oak flooring. Each parcel includes three units: an upper 3-bedroom, 2-bath unit, a rear studio with full kitchen and stacked washer/dryer, and a front unit with Tahoe Boulevard frontage for commercial office use or an additional residential studio. The layout creates income options including long-term rentals, owner occupancy, live/work use, or possible short-term rentals, subject to local rules. With a premium remodel, versatile layout, and prime frontage, this property is ideal for an investor, owner-user, or buyer seeking turnkey income potential.

Listed by Cole Mizak — Compass

Listing Details

Status Active
MLS # 1018911
Days on Market 59
Price/Sq Ft $654

Property History

May 22, 2026
Listed for sale
$1,395,000
Property Overview
Sq. Ft. 2,134
Lot Size 0.10 acres
Stories 2
Year Built 1974
Property Type MLF
County Washoe
STR Jurisdiction Washoe County
APN 132-260-03
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Floor Furnace,Gas
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $5,468
📊

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 Tahoe Boulevard - #3, Incline Village

Est. Annual Revenue
$43,647
Avg Nightly Rate
$248
Projected Occupancy
48.3%
Cap Rate
1.3%
Structural Score: 47 / 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
480 sq ft covered of 144 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
480 sq ft
Allowed Coverage
144 sq ft · 30%
Existing Coverage
480 sq ft · 100%
Addable Coverage
0 sq ft
Existing Units
2

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($279,000)
Home price
$1,395,000
Loan details
30-yr fixed, 6.5%
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