Sold $578,000 $588,000 Closed
870 Southwood Boulevard #UNIT 7
Incline Village, NV 89451

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SOLD 2025-09-24
Sold for $578,000 (listed at $588,000)
2 Beds
·
1.5 Baths
·
1,040 Sq Ft

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What's this home worth today?

It sold for $578,000 on 2025-09-24, 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

Discover mountain living with this meticulously maintained low-elevation condo, perfectly situated in Incline Village. This back-row end-unit offers the best of Tahoe living! Just a short stroll from private beaches, restaurants, shopping, and all the village center amenities. The open living and kitchen/dining area features tons windows with plenty of natural light and a large slider to the expansive outdoor deck. Relax on the private deck overlooking tall pines and grassy common grounds. Downstairs offers an extra bonus room not included in square footage, perfect for an office, gym, den, reading room, or extra storage! Upstairs showcases 2 large bedrooms, more storage, and shared bathroom with tub/shower. Full Incline Village amenities and Nevada tax friendly status make this a fantastic vacation home, short/long term rental property, or family residence! Great rental history! Welcome to Lake Tahoe!

Listed by Grant Meyer — Coldwell Banker Select Incline

Listing Details

Status Closed
MLS # 250054702
Sold Date 2025-09-24
Sold Price $578,000
Price/Sq Ft $565

Property History

Aug 17, 2025
Listed for sale
$588,000
Current
Sold
$578,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,040
Stories 2
Year Built 1965
Property Type Condominium
Subdivision Southwood Court
County Washoe
STR Jurisdiction Washoe County
APN 132-410-07
Parking
Total Parking 1
Parking Features Assigned
Exterior & Lot
Exterior Features None
Lot Features Common Area
Construction Wood Siding
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $1,291
HOA Fee $640
HOA / Community Bradley Business Mgmt
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Maintenance Grounds, Management, Parking

STR Investment Summary — 870 Southwood Boulevard #UNIT 7, Incline Village

Est. Gross Annual Revenue
$30K – $45K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.7%
Structural Score: 60 / 100 (Premium) · 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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