Sold $536,500 $549,000 Closed
870 Southwood Boulevard #3
Incline Village, NV 89451

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SOLD 2025-03-07
Sold for $536,500 (listed at $549,000)
2 Beds
·
1.5 Baths
·
1,040 Sq Ft

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What's this home worth today?

It sold for $536,500 on 2025-03-07, 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

This home is walking distance to the beach, dining and shopping! A must-see property! Incline Village Park and Recreation offers many activities such as the recreation center with a pool, tennis, pickle ball, bocce ball, golf, trails, a dog park, skiing, and 4 private beaches. One beach with a private pool, and one with 6-month dog access on the beach. All this and more comes with home ownership! New paint on building exterior; decks are newly stained. Price is well below appraisal. Very Motivated sellers. The home comes FURNISHED as depicted in the photos with the exception of a few pictures and a wall sconce that go with the seller as stated in the documents tab. Upon entering this bright 2 bedroom, 1 1/2 bath home, you will want to make it your own. The stunning refresh was completed 2 years ago that opened the living room to the kitchen. Co-Listed with Sheryl Evdokimo with Pacific Wind Realty.

Listed by Matthew Biscotti — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1016825
Sold Date 2025-03-07
Sold Price $536,500
Price/Sq Ft $528

Property History

Nov 22, 2024
Listed for sale
$599,900
Current
Sold
$536,500
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,040
Stories 2
Year Built 1965
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-410-03
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Level
View Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $1,296
HOA Fee $640 / Monthly
HOA / Community Bradley Business Mngmt

STR Investment Summary — 870 Southwood Boulevard #3, Incline Village

Est. Gross Annual Revenue
$30K – $45K
typically ~$35,000
Avg Nightly Rate
$213
Projected Occupancy
45.0%
Cap Rate
2.5%
Structural Score: 49 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-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

$1,100 – $1,600/yr
about $112/mo
Est. Rebuild Cost (Coverage A)
$312,000

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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