$1,015,000 $1,078,000 ↓ $63,000 reduced Active
877 Northwood Boulevard #2
Incline Village, NV 89451

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⚠ STR — Verify HOA Rules
Washoe County has no STR permit caps, but we have no record of Wood Creek's rental rules. Check the CC&Rs before counting on rental income.
2 Beds
·
2.0 Baths
·
1,492 Sq Ft

Our data on this home

Short-term rental income $45K – $65K/yr Est. gross · $335/night · 45.0% booked Home insurance $1,500 – $2,200/yr Standard homeowners policy

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 # 260006417
Days on Market 106
Price/Sq Ft $680

Property History

Sep 02, 2026
Listed for sale
$1,078,000
Jul 15, 2026
Price reduced
$1,015,000 $1,078,000 ↓ $63,000
Sep 02, 2026
Relisted
$1,015,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2025 $995,000 Grant MeyerColdwell Banker Select Carl DiloreseXp Realty

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,492
Lot Size 0.04 acres
Stories 1
Year Built 2013
Property Type Condominium
Subdivision Wood Creek Condominiums
County Washoe
STR Jurisdiction Washoe County
APN 132-612-01
Parking
Garage Spaces 1
Total Parking 2
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Rear
Roof Composition, Pitched
Foundation None
Utilities & Systems
Heating Forced Air, Natural Gas, Radiant
Financial
Annual Tax $5,474
HOA Fee $353 / Monthly
HOA / Community Wood Creek HOA
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities None
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
65
PROJECTED GROSS ANNUAL REVENUE
$45K – $65K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 877 Northwood Boulevard #2, Incline Village

Est. Gross Annual Revenue
$45K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 65 / 100 (Premium) · STR Zone: Yellow

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

$1,500 – $2,200/yr
about $154/mo
Est. Rebuild Cost (Coverage A)
$447,600

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$6,095 per month
Principal & interest
$5,132/mo
Property taxes
$456/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$353/mo
From MLS listing data.
Home insurance
$154/mo
Estimated ~$1,500–$2,200/yr — get a local broker quote for accuracy.
Down payment
20% ($203,000)
Home price
$1,015,000
Loan details
30-yr fixed, 6.5%
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