$1,070,000 Active
820 Oriole Way #70
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Royal Pines HOA allows short-term rentals.
4 Beds
·
3.5 Baths
·
1,752 Sq Ft

About This Property

Surrounded by towering pines, this desirable end-unit townhome offers the space and flexibility to enjoy every season in Tahoe. The thoughtful floor plan includes three bedrooms and two baths on the upper level, plus a finished en-suite bonus room off the garage and a convenient powder room on the main living level. Located in Royal Pines, one of Incline Village’s sought-after low-elevation communities, you’re less than a mile from the lake and minutes from the private beaches, golf courses, restaurants, skiing, and everyday conveniences that make life in Incline Village easy year-round. An attached two-car garage provides ample storage for bikes, skis, paddleboards, and all the gear that comes with mountain living. A gas fireplace and tasteful updates complete a home equally suited for weekend escapes, full-time living, or gathering with family and friends for generations to come.

Listed by Meredith Martin — Compass

Listing Details

Status Active
MLS # 1019016
Days on Market 47
Price/Sq Ft $611

Property History

Jul 03, 2026
Listed for sale
$1,070,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2019 · county record $560,000 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 4
Baths 3.5
Sq. Ft. 1,752
Year Built 1974
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 13225238
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Open,Permit Required
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,563
HOA Fee $630 / Monthly
HOA / Community Incline Property Mgmt
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
64
PROJECTED GROSS ANNUAL REVENUE
$42K – $79K typically ~$60,523
~$5,044 per month
Avg Nightly
$368
Occupancy
45%
Cap Rate
2.3%

STR Investment Summary — 820 Oriole Way #70, Incline Village

Est. Gross Annual Revenue
$42K – $79K
typically ~$60,523
Avg Nightly Rate
$368
Projected Occupancy
45.0%
Cap Rate
2.3%
Structural Score: 64 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
688 sq ft covered of 212 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
705 sq ft
Allowed Coverage
212 sq ft · 30%
Existing Coverage
688 sq ft · 98%
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% ($214,000)
Home price
$1,070,000
Loan details
30-yr fixed, 6.5%
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