$1,150,000 Active
861 Southwood Boulevard #32
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,332 Sq Ft

About This Property

This beautifully remodeled low-elevation condo offers an above and beyond transformation in a location that puts the best of Incline Village at your fingertips. Positioned for easy access to town, beaches, and IVGID amenities, this 3-bedroom retreat has been meticulously updated with a focus on quality and comfort. The open living area oriented to the south features high beamed ceilings and stone fireplace, creating an inviting space that flows naturally into the expanded kitchen. New Milgard windows and glass sliders bring in natural light and lead out to an expansive paver patio, complete with a gas fire pit and hot tub. The primary suite is a true retreat with an enlarged bath and custom storage, while guest rooms offer flexibility for an office or extra family. With all-new mechanical systems and central AC, this home is completely move-in ready. Whether as a primary residence or a weekend getaway, this is the perfect base for enjoying the Incline lifestyle.

Listed by Hayden Haffey — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018789
Price/Sq Ft $863

Property History

Apr 22, 2026
Listed for sale
$1,150,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,332
Lot Size 0.00 acres
Stories 2
Year Built 1974
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-250-31
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Deck,Fence,Hot Tub/Spa
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $3,222
HOA Fee $695 / Monthly
HOA / Community Canopy
📊

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 — 861 Southwood Boulevard #32, Incline Village

Est. Annual Revenue
$57,569
Avg Nightly Rate
$421
Projected Occupancy
37.3%
Cap Rate
2.0%
Structural Score: 55 / 100 (Premium) · 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% ($230,000)
Home price
$1,150,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
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Email 9166671444

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