$2,299,000 Active
929 Northwood Boulevard #UNIT 19
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Third Creek HOA allows short-term rentals.
3 Beds
·
3.0 Baths
·
2,566 Sq Ft

About This Property

This beautifully renovated three-bedroom townhome is one of the larger residences in Third Creek and offers a rare detached two-car garage. Backing to forest, creek, and open space, it combines generous living spaces with exceptional privacy. Located on the Recreation Center side of Third Creek, the home has been updated with an understated modern mountain aesthetic featuring warm wood tones, natural textures, and clean lines. High ceilings and large windows frame the surrounding trees, while the main living area opens to a sun-drenched deck. A bedroom and full bath on the main level provide flexibility for guests. Upstairs is a spacious bedroom and tucked-away office, while the primary suite enjoys its own level below with a private deck. In-unit laundry and abundant storage add everyday functionality. Third Creek amenities include a pool, spa, tennis and pickleball courts, clubhouse, and private park, with shopping, dining, golf, skiing, hiking, and Lake Tahoe nearby. Larger Third Creek residences with this combination of space, renovation, two-car garage, and natural setting rarely come to market. Unit 19 is a must-see.

Listed by Kristie Wells-Heuer — Casa Tua

Listing Details

Status Active
MLS # 260010885
Price/Sq Ft $896

Property History

Aug 21, 2026
Listed for sale
$2,299,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2023 · county record $1,750,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,566
Stories 3
Year Built 1996
Property Type Condominium
Subdivision Third Creek
County Washoe
STR Jurisdiction Washoe County
APN 132-061-10
Parking
Garage Spaces 2
Total Parking 2
Parking Features Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Sprinklers In Front, Wooded
View Mountain(s), Trees/Woods
Construction Stone
Roof Composition, Pitched, Shingle
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Baseboard, Fireplace(s), Hot Water, Natural Gas
Financial
Annual Tax $7,399
HOA Fee $748 / Monthly
HOA / Community Managed by IPM
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Fitness Center, Landscaping, Parking, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
74
PROJECTED GROSS ANNUAL REVENUE
$66K – $89K typically ~$77,199
~$6,433 per month
Avg Nightly
$470
Occupancy
45%
Cap Rate
1.3%

STR Investment Summary — 929 Northwood Boulevard #UNIT 19, Incline Village

Est. Gross Annual Revenue
$66K – $89K
typically ~$77,199
Avg Nightly Rate
$470
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 74 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,246 sq ft covered of 375 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,248 sq ft
Allowed Coverage
375 sq ft · 30%
Existing Coverage
1,246 sq ft · 100%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($459,800)
Home price
$2,299,000
Loan details
30-yr fixed, 6.5%
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