$1,299,000
929 Southwood Boulevard #23
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Tahoe Sierra Pines HOA allows short-term rentals.
4 Beds
·
4.0 Baths
·
1,468 Sq Ft

About This Property

Discover the perfect blend of comfort and convenience in this spacious 4-bedroom condominium in the heart of Incline Village. Thoughtfully designed, this home features great finishes, a cozy fireplace, an updated kitchen, and a private deck, ideal for year-round enjoyment. With its prime location just minutes from Lake Tahoe, this property offers excellent rentability for both long-term and short-term stays. Residents enjoy exclusive IVGID recreational amenities, including private beaches, pools, and fitness facilities. Outdoor enthusiasts will love the easy access to Diamond Peak Ski Resort, scenic hiking trails, and local parks. An ideal Tahoe retreat or investment opportunity—schedule your tour today! HOA: Services included: Common Areas, Insurance, Maintenance Grounds, Maintenance Structure, Parking, Sewer, Snow Removal, Trash, Water

Listed by Clayton Humphries — Compass

Listing Details

Status Active
MLS # 1018020
Days on Market 378
Price/Sq Ft $885

Property History

Mar 29, 2025
Listed for sale
$1,299,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 1,468
Year Built 1980
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-500-02
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Baseboard,Hot Water
Financial
Annual Tax $2,388
HOA Fee $685 / Monthly
HOA / Community Tahoe Sierra Pines
📊

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 — 929 Southwood Boulevard #23, Incline Village

Est. Annual Revenue
$44,424
Avg Nightly Rate
$433
Projected Occupancy
29.8%
Cap Rate
1.4%
Structural Score: 56 / 100 (Premium) · STR Zone: Yellow

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% ($259,800)
Home price
$1,299,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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