$750,000 $800,000 ↓ $50,000 reduced Active
837 Southwood Boulevard #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Creekside West HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,332 Sq Ft
Virtual Tour

About This Property

Welcome to Creekside West, where comfort and convenience meet the Tahoe lifestyle. This beautifully maintained 3-bedroom, 2-bath end-unit townhome offers added privacy and a truly move-in-ready experience. Enjoy your private outdoor courtyard while the tranquil creek behind the home creates a peaceful mountain setting. Inside, you'll find updated appliances, an upgraded heating system, and tasteful finishes that make this home completely turn-key. Ideally located in the heart of Incline Village, you're just a short walk to Village Center, shopping, restaurants, grocery stores, private beaches, and more. Two dedicated parking spaces and full IVGID beach privileges add even more value. Whether you're searching for a full-time residence, vacation getaway, or investment opportunity, this inviting home offers the perfect combination of location, comfort, and easy Tahoe living.

Listed by Kristen Pepin — Sun Bear Realty And Management

Listing Details

Status Active
MLS # 1018976
Days on Market 46
Price/Sq Ft $563

Property History

Jun 19, 2026
Listed for sale
$750,000
Jul 30, 2026
Price changed
$750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2014 · county record $325,000 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 3
Baths 2.0
Sq. Ft. 1,332
Stories 2
Year Built 1966
Property Type Condominium
Style Mountain,Split Level
County Washoe
STR Jurisdiction Washoe County
APN 127-120-21
Parking
Parking Features No Garage,Open,Outside
Attached Garage Yes
Exterior & Lot
Exterior Features Patio
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $2,723
HOA Fee $537 / 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 — 837 Southwood Boulevard #21, Incline Village

Est. Annual Revenue
$43,499
Avg Nightly Rate
$235
Projected Occupancy
50.8%
Cap Rate
2.3%
Structural Score: 47 / 100 (Standard) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
738 sq ft covered of 230 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
765 sq ft
Allowed Coverage
230 sq ft · 30%
Existing Coverage
738 sq ft · 96%
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% ($150,000)
Home price
$750,000
Loan details
30-yr fixed, 6.5%
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