Sold $730,000 $775,000 Closed
861 Southwood Boulevard #27
Incline Village, NV 89451

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SOLD 2025-02-19
Sold for $730,000 (listed at $775,000)
3 Beds
·
2.0 Baths
·
1,332 Sq Ft

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It sold for $730,000 on 2025-02-19, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Seller has offers in Hand they are reviewing. Sought after lower Elevation townhouse style Condo with a fenced backyard & (1) car garage with opener for easy access. Prof PHOTOS coming Jan. 9th. "AS IS" sale hurry this opportunity won't last. Motivated Seller says bring an offer! High wood beamed ceilings with skylight. Upper living area features 1 BDRM, 1 BATH, updated kitchen with maple cabinets, granite counter tops, great room w a cozy wood burning fireplace, The lower level offers the primary bedroom suite with access to the full bath next to a 2nd BDRM that leads to the private fenced patio perfect for entertaining & outdoor enjoyment. High Sierra HOA Includes, common insurance, exterior maintenance including roofs, snow removal, water, sewer & trash. An easy walk to 3 private Incline Beaches, restaurants & shopping with FULL IVGID privileges. Explore the many benefits of Tax-Friendly Incline Village, Nevada Lake Tahoe!

Listed by Bonnie Glennon — Coldwell Banker Select Reno

Listing Details

Status Closed
MLS # 240015608
Sold Date 2025-02-19
Sold Price $730,000
Price/Sq Ft $582

Property History

Dec 27, 2024
Listed for sale
$775,000
Current
Sold
$730,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,332
Stories 2
Year Built 1974
Property Type Condominium
Subdivision High Sierra Condominiums
County Washoe
STR Jurisdiction Washoe County
APN 127-250-36
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run
Lot Features Common Area, Greenbelt, Landscaped, Level, Sprinklers In Front
View Trees/Woods
Construction Wood Siding
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,725
HOA Fee $510 / Monthly
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Maintenance Grounds, Maintenance Structure, Parking

STR Investment Summary — 861 Southwood Boulevard #27, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$274
Projected Occupancy
45.0%
Cap Rate
2.3%
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

$1,400 – $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.

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