$795,000 $895,000 ↓ $100,000 reduced Active
820 Oriole Way #92
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Royal Pines HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,440 Sq Ft

About This Property

Royal Pines condo, complex is well cared for, low elevation, easy walk to beaches, restaurants, movie theater, grocery, shopping, 3 bedrooms, 2 full baths, 1/2 bath on living room level, 2 car garage, new roof 2025, walk around deck. Includes full Incline Village Recreation Privileges to Diamond Peak, two golf courses, Tennis and Pickle Ball Center, three beaches, Recreation Center with olympic size pool.

Listed by Lonny Parsons — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019081
Days on Market 50
Price/Sq Ft $552

Property History

Jul 25, 2026
Listed for sale
$895,000
Sep 03, 2026
Price reduced
$795,000 $895,000 ↓ $100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2016 · county record $360,000 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 3
Baths 2.5
Sq. Ft. 1,440
Stories 3
Year Built 1974
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-252-31
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Construction Frame,Stone
Roof Flat
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $3,063
HOA Fee $630 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
60
PROJECTED GROSS ANNUAL REVENUE
$25K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.0%

STR Investment Summary — 820 Oriole Way #92, Incline Village

Est. Gross Annual Revenue
$25K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 60 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
705 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
705 sq ft · 100%
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% ($159,000)
Home price
$795,000
Loan details
30-yr fixed, 6.5%
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