$1,089,000
866 Northwood Boulevard #UNIT 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

About This Property

Fall Asleep to Wood Creek, Wake Up Beneath the Pines — A Fully Remodeled Incline Village Sanctuary. Some opportunities are simply in a class of their own. Tucked into the back row, end unit position of Northwood Estates — with direct frontage on the year-round Wood Creek — this fully remodeled townhouse represents the finest setting in the entire complex. Privacy, nature, and luxury converge here in a way that no other unit in the community can replicate. The moment you step inside, the level of finish is unmistakable. The chef's kitchen is a true showpiece: custom cabinetry crafted for both beauty and function, Dekton and stone countertops, designer lighting throughout, a full GE Café appliance suite, and double ovens — all anchored by an expansive layout with more counter and storage space than anything else in the community. Whether you're hosting an après-ski gathering or a summer dinner party on the lake, this kitchen rises to every occasion. New flooring flows seamlessly throughout the entire home, completing a top-to-bottom renovation where every detail has been considered and nothing has been left untouched. Outside, this unit offers something no other home in the complex can: a private side door that opens exclusively onto the creekside open space, placing you directly in nature the moment you step out. The private back patio extends the living space outdoors, where the sound of Wood Creek replaces every other distraction. Mornings here begin with birdsong and flowing water. Evenings wind down beneath a canopy of pines. It is the kind of setting that makes you forget the rest of the world exists. With full IVGID privileges, the Incline Village lifestyle is yours in its entirety — exclusive access to three private Lake Tahoe beaches complete with BBQ areas, picnic grounds, and a boat launch; year-round swimming and a state-of-the-art fitness center; two championship golf courses; tennis and pickleball courts; and Diamond Peak Ski Resort just minutes from your door. The celebrated Lakeshore trail winds three miles from the village all the way to Sand Harbor State Park, one of the most iconic destinations on the entire lake. Beyond the amenities, Nevada's renowned tax advantages make this a residence that is as financially compelling as it is breathtaking. Covered parking sits just steps from the front door — a detail that matters most on a snowy Tahoe morning. Walkable to Raley's, local dining, the library, and fitness. Whether this becomes your full-time sanctuary or your ultimate Tahoe escape, one thing is certain: a creekside end unit of this caliber, at this level of finish, in this location, does not come available twice.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 260004518
Days on Market 1
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
Subdivision Northwood Estates Condominium
County Washoe
STR Jurisdiction Washoe County
APN 124-340-440
Parking
Total Parking 2
Parking Features Permit Required, Carport, Detached
Exterior & Lot
Exterior Features Balcony
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $3,190
HOA Fee $695 / Monthly
HOA / Community Northwood Estates
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Management, Parking
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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 #UNIT 44, Incline Village

Est. Annual Revenue
$46,852
Avg Nightly Rate
$377
Projected Occupancy
33.9%
Cap Rate
1.7%
Structural Score: 57 / 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%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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