$789,000 Active Under Contract
861 Southwood Boulevard #8
Incline Village, NV 89451

Get condos like this by email

When a condo like this lists in Incline Village at a similar price and size, we email you the same day. No account needed.

⚠ STR — Verify HOA Rules
Washoe County has no STR permit caps, but we have no record of High Sierra's rental rules. Check the CC&Rs before counting on rental income.
📋 STR Permit on File
Washoe County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
3 Beds
·
2.5 Baths
·
1,602 Sq Ft
Virtual Tour

Our data on this home

About This Property

Rare opportunity to own a beautifully maintained end-unit in the High Sierra complex, featuring additional windows that fill the home with abundant natural light. Ideally positioned at lower elevation with convenient access to 3 private beaches, dining, shopping, & year-round recreation. The main level offers an inviting open-concept living & dining area that extends to a spacious patio overlooking beautifully manicured grounds. Upstairs, the primary suite features a private en-suite bath, while 2 additional bedrooms with vaulted beam ceilings share a generous full bath. The meticulously maintained kitchen offers a new stainless-steel range & dishwasher. A finished basement room provides flexible space for a family room, den, home office, or workshop. An attached one-car garage provides convenient storage for all your Tahoe gear. Enjoy Nevada’s tax advantages, full IVGID privileges, & great short-term rental use. Ideal as a Tahoe getaway, investment, or full-time residence!

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Active Under Contract
MLS # 1019192
Days on Market 26
Price/Sq Ft $493

Property History

Sep 20, 2026
Listed for sale
$789,000
Sep 29, 2026
Pending
$789,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2017 · county record $385,000 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. 1,602
Stories 2
Year Built 1972
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-250-14
Parking
Garage Spaces 1
Parking Features One Car Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Backs to Greenbelt/Park,Wooded,Level
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $3,066
HOA Fee $695 / Monthly
HOA / Community Canopy Property Services
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$40K – $65K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
2.8%

STR Investment Summary — 861 Southwood Boulevard #8, Incline Village

Est. Gross Annual Revenue
$40K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
2.8%
Structural Score: 69 / 100 (Premium) · STR Zone: Yellow

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

$1,600 – $2,400/yr
about $167/mo
Est. Rebuild Cost (Coverage A)
$480,600

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

$5,108 per month
Principal & interest
$3,990/mo
Property taxes
$256/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$695/mo
From MLS listing data.
Home insurance
$167/mo
Estimated ~$1,600–$2,400/yr — get a local broker quote for accuracy.
Down payment
20% ($157,800)
Home price
$789,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message