Sold $1,850,000 $1,950,000 Closed
842 Southwood Boulevard
Incline Village, NV 89451

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SOLD 2025-02-27
Sold for $1,850,000 (listed at $1,950,000)
4 Beds
·
3.5 Baths
·
2,385 Sq Ft
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Our data on this home

About This Property

Located in the heart of Incline Village, this move-in ready home is minutes away from pristine private beaches, world-class skiing, and top-tier dining and recreation, offering unmatched convenience and seamless access to the best of Lake Tahoe living. This property boasts 4 bedrooms and 3.5 bathrooms, complemented by an open-concept living area with vaulted ceilings, expansive windows, and elegant hardwood floors. The inviting great room, complete with a cozy fireplace, flows seamlessly into the kitchen equipped with stainless steel appliances and granite countertops. The primary suite is a true retreat, featuring a fully remodeled bathroom with a soaking tub, dual vanities, and a separate shower. Additional highlights include a two- car garage and abundant storage space. Whether you're seeking a full-time residence or a vacation getaway, this home comes fully furnished, allowing you to immediately enjoy all that Tahoe has to offer.

Listed by Carolyn Kane — Canopy Property Services

Listing Details

Status Closed
MLS # 1016811
Sold Date 2025-02-27
Sold Price $1,850,000
Price/Sq Ft $818

Property History

Nov 15, 2024
Listed for sale
$1,950,000
Current
Sold
$1,850,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,385
Lot Size 0.05 acres
Stories 2
Year Built 1997
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 132-510-04
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Electric Vehicle Charging Station(s),Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Acreage,Level
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $6,562
HOA Fee $330 / Monthly
HOA / Community The Management Trust

STR Investment Summary — 842 Southwood Boulevard, Incline Village

Est. Gross Annual Revenue
$85K – $130K
typically ~$110,000
Avg Nightly Rate
$670
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 74 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Incline Village market data (262 comparable 4-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
1,960 sq ft covered of 637 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
2,125 sq ft
Allowed Coverage
637 sq ft · 30%
Existing Coverage
1,960 sq ft · 92%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
6
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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$3,400 – $5,000/yr
about $350/mo
Est. Rebuild Cost (Coverage A)
$1,001,700

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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