$1,078,000 Active
877 Northwood #2
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.0 Baths
·
1,492 Sq Ft
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About This Property

This spacious 2-bedroom, 2 full bath condominium is ideally situated in the heart of Incline Village, offering both convenience and a peaceful mountain setting. Nestled near Wood Creek in a serene forested area, this charming home is also just minutes from local shopping and restaurants. Tucked at the back of a quiet cul-de-sac, it provides added privacy and a tranquil atmosphere. Enjoy morning coffee on your private deck or take leisurely walks through the surrounding forest. With easy access to the community's private beach and boat launch via the Village Pathways, this property is perfect as a full-time residence or a relaxing vacation retreat. The vaulted ceilings define open space for your guest and you to enjoy year round entertainment indoors and utilizing the common area for summer gatherings. This property is deemed affordable housing.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 1018841
Days on Market 1
Price/Sq Ft $723

Property History

May 05, 2026
Listed for sale
$1,078,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,492
Stories 1
Year Built 2013
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-612-01
Parking
Garage Spaces 1
Parking Features Assigned,Attached,Door-Single,Front Entry,Garage,One Car Garage,Off Street,Outside,Permit Required,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence,Landscaping
Lot Features Acreage,Cul-De-Sac,Wooded,Level
View Mountain(s),Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $5,474
HOA Fee $353 / Monthly
HOA / Community Wood Creek HOA
📊

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 — 877 Northwood #2, Incline Village

Est. Annual Revenue
$43,421
Avg Nightly Rate
$300
Projected Occupancy
39.4%
Cap Rate
1.6%
Structural Score: 56 / 100 (Premium) · STR Zone: Green

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% ($215,600)
Home price
$1,078,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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