$625,000 $645,000 ↓ $20,000 reduced Active
811 Southwood Boulevard #11
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Brookstone HOA allows short-term rentals.
2 Beds
·
1.5 Baths
·
1,144 Sq Ft
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Our data on this home

About This Property

PRICE IMPROVED $20,000 + SELLER FINANCING! The lowest-priced 2-bedroom condo south of Highway 28 in Incline Village, Nevada. Motivated seller. Light-filled 1,144-sq-ft Brookstone condo at 811 Southwood Blvd with a $520/month HOA and full IVGID privileges: private beaches, golf, tennis, pickleball, the Recreation Center, and Diamond Peak resident discounts. The open upper level has vaulted ceilings, a brick wood-burning fireplace, wood-paneled accent walls, and large windows framing the pines. The kitchen has a tiled breakfast bar, and a slider opens to a private sun deck. Downstairs, two bedrooms and a bathroom sit apart from the living space. Parking, laundry, and storage included. Low-elevation location close to Incline Village dining, shopping, groceries, and Lake Tahoe. With seller financing, Brookstone is an attainable entry into IVGID ownership as a primary residence, second home, or Tahoe retreat.

Listed by Kristen Pepin — Sun Bear Realty And Management

Listing Details

Status Active
MLS # 1019059
Days on Market 104
Price/Sq Ft $546

Property History

Jul 16, 2026
Listed for sale
$645,000
Oct 07, 2026
Price reduced
$635,000 $645,000 ↓ $10,000
Oct 16, 2026
Price reduced
$625,000 $635,000 ↓ $10,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,144
Stories 2
Year Built 1972
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-100-11
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,752
HOA Fee $520 / Monthly
HOA / Community Frushon Accounting
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$25K – $45K typically ~$35,000
~$2,917 per month
Avg Nightly
$213
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 811 Southwood Boulevard #11, Incline Village

Est. Gross Annual Revenue
$25K – $45K
typically ~$35,000
Avg Nightly Rate
$213
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 49 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-bedroom rentals, 2026-10); 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

$1,200 – $1,700/yr
about $121/mo
Est. Rebuild Cost (Coverage A)
$343,200

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

$4,030 per month
Principal & interest
$3,160/mo
Property taxes
$229/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$520/mo
From MLS listing data.
Home insurance
$121/mo
Estimated ~$1,200–$1,700/yr — get a local broker quote for accuracy.
Down payment
20% ($125,000)
Home price
$625,000
Loan details
30-yr fixed, 6.5%
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