$825,000 Active
837 Southwood Boulevard #UNIT 5
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Creekside West HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,332 Sq Ft

Our data on this home

About This Property

The sound of the creek may be what makes you fall in love with this beautifully remodeled condo. Its peaceful, year-round creek setting is difficult to capture in photos. Oversized sliding glass doors fill the living room with natural light and open to a spacious outdoor area overlooking the water. A new paver patio offers even more room to relax or entertain beside the creek. Inside, hand-scraped wood flooring adds warmth and character throughout the main living areas. The remodeled kitchen features granite countertops, stainless steel appliances, a new dishwasher and an induction stove. Additional upgrades include a tankless water heater, radiant heat in the bathrooms and fresh interior paint. Upstairs, the spacious primary bedroom includes two closets, a remodeled bathroom and a private creek-facing deck. The generously sized guest bedroom offers plenty of flexibility and feels like a second primary. Move-in ready and tucked into a special Tahoe setting that must be experienced in person. Full IVGID privileges. Schedule a showing and come listen to the creek for yourself. More photos to follow.

Listed by Kristie Wells-Heuer — Casa Tua

Listing Details

Status Active
MLS # 260012120
Days on Market 27
Price/Sq Ft $619

Property History

Sep 19, 2026
Listed for sale
$825,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2020 · county record $615,000 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. 1,332
Stories 2
Year Built 1966
Property Type Condominium
Subdivision Creekside West
County Washoe
STR Jurisdiction Washoe County
APN 127-120-05
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Landscaped, Level
View Trees/Woods
Construction Stucco
Roof Composition, Flat, Shingle
Foundation Slab
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $2,600
HOA Fee $537 / Monthly
HOA / Community IPM managed by Jenny Clark - Jenny@ipm-tahoe.com
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Management
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
59
PROJECTED GROSS ANNUAL REVENUE
$35K – $55K typically ~$45,000
~$3,750 per month
Avg Nightly
$274
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 837 Southwood Boulevard #UNIT 5, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 59 / 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,400 – $2,000/yr
about $142/mo
Est. Rebuild Cost (Coverage A)
$399,600

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

See it in the monthly payment

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

$5,068 per month
Principal & interest
$4,172/mo
Property taxes
$217/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$537/mo
From MLS listing data.
Home insurance
$142/mo
Estimated ~$1,400–$2,000/yr — get a local broker quote for accuracy.
Down payment
20% ($165,000)
Home price
$825,000
Loan details
30-yr fixed, 6.5%
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