$1,250,000 Active
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

Set on the top floor of a quiet Incline Village community, this beautifully updated 4-bedroom, 4-bath mountain modern condo offers an effortless blend of comfort, style, and year-round Tahoe living. With four en-suite bedrooms, the layout offers exceptional flexibility, comfort, and privacy for owners and guests alike. Inside, warm contemporary finishes and an open-concept design create a space that feels both refined and inviting. The kitchen is designed for gathering and everyday living, featuring quartz countertops, custom cabinetry, stainless steel appliances, and a generous breakfast bar that naturally becomes the centerpiece of the home. The living area flows seamlessly to the private top-floor deck, creating an ideal setting for entertaining or relaxing in every season. A gas fireplace adds warmth and ambiance after a day enjoying all that Tahoe has to offer. Ownership includes access to Incline Village's highly sought-after IVGID amenities, including private Lake Tahoe beaches, pools, fitness facilities, tennis and pickleball courts, golf courses, and more. Diamond Peak Ski Resort, hiking and biking trails, dining, and the best of the North Shore are all just moments away, with the Diamond Peak shuttle stop conveniently located right in front of the community for easy access to the slopes. Additional conveniences include open parking and reserved boat parking, adding even more flexibility for enjoying the Tahoe lifestyle year-round. The ease of ownership is equally appealing, with HOA coverage including water, sewer, snow removal, trash, insurance, and grounds maintenance, allowing for a true lock-and-leave lifestyle. Combined with Nevada's tax advantages, this is an exceptional opportunity to own in one of Lake Tahoe's most desirable communities.

Listed by Tiffany Ahrens — Chase International-Damonte

Listing Details

Status Active
MLS # 260005910
Days on Market 90
Price/Sq Ft $851

Property History

May 12, 2026
Listed for sale
$1,250,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2023 · county record $1,145,000 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 4
Baths 4.0
Sq. Ft. 1,468
Lot Size 0.01 acres
Stories 3
Year Built 1980
Property Type Condominium
Subdivision Pinewood Condominiums
County Washoe
STR Jurisdiction Washoe County
APN 127-500-02
Parking
Total Parking 2
Parking Features Additional Parking, RV Access/Parking
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Landscaped, Level, Wooded
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,399
HOA Fee $850 / Monthly
HOA / Community Tahoe Sierra Pines Condominium Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Fitness Center, Golf Course, Management, Parking, Pool, Tennis Court(s)
📊

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
$42,515
Avg Nightly Rate
$239
Projected Occupancy
48.9%
Cap Rate
1.4%
Structural Score: 57 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,456 sq ft covered of 441 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,468 sq ft
Allowed Coverage
441 sq ft · 30%
Existing Coverage
1,456 sq ft · 99%
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% ($250,000)
Home price
$1,250,000
Loan details
30-yr fixed, 6.5%
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