$595,000
825 Southwood Boulevard #12
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Southwood Pines HOA does not allow short-term rentals.
3 Beds
·
2.0 Baths
·
1,200 Sq Ft

About This Property

This centrally located, end unit condominium embodies the best of Tahoe living located less than a mile from the Incline Village 3-private property owner beaches and close by walking, biking and hiking trails. Nearby, owners also enjoy restaurants, 2-golf courses, ski resort, recreation/tennis centers and much more. This 1200 sq. ft. 3-bedroom, 2-bathroom condo offers a open concept great room living area, complete with a fireplace, upper covered patio and a private, fenced, paver area backyard perfect for year-round enjoyment. Plus, there is plenty of storage for all your Tahoe toys. So whether you're seeking a primary residence, a vacation home, or investment property, this is the perfect choice for you. Located on Lake Tahoe's North Shore, you are conveniently located just 29 miles from the Reno International Airport and a scenic drive to San Francisco and the Wine Country. Plus, the Nevada tax advantage makes this an unbelievable combination.

Listed by Jane Rubsamen — Chase International

Listing Details

Status Active
MLS # 1018398
Days on Market 230
Price/Sq Ft $496

Property History

Aug 13, 2025
Listed for sale
$595,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,200
Stories 2
Year Built 1965
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-110-12
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Fence,Landscaping,Patio,Private Yard
Lot Features Interior Lot,Level
View Trees/Woods
Construction Frame
Roof Composition,Flat
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $1,652
HOA Fee $750 / Monthly
HOA / Community IPM
📊

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 — 825 Southwood Boulevard #12, Incline Village

Est. Annual Revenue
$38,806
Avg Nightly Rate
$408
Projected Occupancy
25.9%
Cap Rate
2.6%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($119,000)
Home price
$595,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
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Email 9166671444

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