$1,089,000
866 Northwood Boulevard #44
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
·
2.5 Baths
·
1,716 Sq Ft
Virtual Tour

About This Property

The finest unit in Northwood Estates — back row, end unit, directly on year-round Wood Creek. A top-to-bottom luxury remodel with GE Café appliances, double ovens, Dekton & stone counters, custom cabinetry, designer lighting, and new flooring throughout. An exclusive side door opens directly to creekside open space — a feature no other unit offers. Private back patio steps from the water. Covered parking. Full IVGID privileges: private Lake Tahoe beaches, championship golf, Diamond Peak Ski Resort, pools, tennis, pickleball & more. Nevada tax advantages. The best location in the complex — and the finish to match.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 1018794
Price/Sq Ft $635

Property History

Apr 15, 2026
Listed for sale
$1,089,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,716
Stories 2
Year Built 1968
Property Type Condominium
Style Traditional
County Washoe
STR Jurisdiction Washoe County
APN 124-340-44
Parking
Parking Features Covered,Carport,No Garage,Off Street,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Fence,Patio,Storage
Lot Features Acreage,Backs to Greenbelt/Park,No Backyard Grass,Stream/Creek,Wooded
View Creek/Stream,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,190
HOA Fee $695 / Monthly
📊

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 — 866 Northwood Boulevard #44, Incline Village

Est. Annual Revenue
$46,400
Avg Nightly Rate
$373
Projected Occupancy
33.9%
Cap Rate
1.7%
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% ($217,800)
Home price
$1,089,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

Send a Message

Or call directly: 9166671444