Sold $2,100,000 $2,495,000 Closed
822 Northwood Boulevard
Incline Village, NV 89451

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SOLD 2026-03-11
Sold for $2,100,000 (listed at $2,495,000)
4,944 Sq Ft
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It sold for $2,100,000 on 2026-03-11, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Rare opportunity to acquire a well-maintained four-unit complex in a highly sought-after Incline Village location. Two of the four residences have been thoughtfully remodeled, & three units are currently occupied by reliable long-term tenants—an ideal setup for immediate rental income. Each unit features an oversized one-car garage & a private deck or patio nestled among the towering pines. The floorplans are identical & exceptionally functional: the main level offers an inviting great room with a woodstove, a convenient half bath, & a well-designed kitchen. Upstairs, you’ll find three bedrooms, a full bathroom, & a centrally located laundry room for added convenience. Tenants appreciate the close proximity to the village center, where shops, dining, & everyday services are easily accessible. 20 IVGID passes with full Incline Village homeowner amenities & Nevada’s tax-advantaged benefits, this property stands out as a truly exceptional Tahoe investment—welcome to mountain living.

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1018565
Sold Date 2026-03-11
Sold Price $2,100,000
Price/Sq Ft $505

Property History

Nov 14, 2025
Listed for sale
$2,495,000
Current
Sold
$2,100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2026 $2,100,000 Grant MeyerColdwell Banker Select Incline Grant MeyerColdwell Banker Select Incline

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
Sq. Ft. 4,944
Lot Size 0.22 acres
Stories 2
Year Built 1965
Property Type MLF
County Washoe
STR Jurisdiction Washoe County
APN 124-921-01
Exterior & Lot
Exterior Features Balcony,Patio
Lot Features Wooded,Level
View Trees/Woods
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $10,534

STR Investment Summary — 822 Northwood Boulevard, Incline Village

Est. Gross Annual Revenue
$50K – $75K
typically ~$65,000
Avg Nightly Rate
$396
Projected Occupancy
45.0%
Cap Rate
1.0%
Structural Score: 57 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
5,584 sq ft covered of 2,697 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,991 sq ft
Allowed Coverage
2,697 sq ft · 30%
Existing Coverage
5,584 sq ft · 62%
Addable Coverage
0 sq ft
Existing Units
4

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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$9,200 – $13,600/yr
about $950/mo
Est. Rebuild Cost (Coverage A)
$2,719,200

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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