$895,000 Active
931 Incline Way #230
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Incline Way unit Owners HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,089 Sq Ft
Virtual Tour

About This Property

Embrace the Tahoe lifestyle with easy single-level living in this inviting two bedroom, two bath condo surrounded by peaceful wooded open space. French doors from living room open to a private deck, perfect for morning coffee or relaxing after a day at the lake or on the slopes. Impeccably maintained in pristine original condition, complemented by newer luxury vinyl flooring. The pet friendly complex offers a community spa ad sauna along with a detached single car garage for added convenience. Ideally located just a short stroll to the recreation center, bowling alley, shopping and restaurants, this property offers the perfect blend of mountain serenity and everyday convenience.

Listed by Pamela Fernandez — Lakeshore Realty

Listing Details

Status Active
MLS # 1018712
Days on Market 158
Price/Sq Ft $822

Property History

Mar 07, 2026
Listed for sale
$895,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1991 · county record $167,500 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 2
Baths 2.0
Sq. Ft. 1,089
Stories 1
Year Built 1989
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-077-34
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Baseboard,Hot Water
Financial
Annual Tax $4,656
HOA Fee $1,112 / Monthly
HOA / Community IPM
📊

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 — 931 Incline Way #230, Incline Village

Est. Annual Revenue
$40,882
Avg Nightly Rate
$217
Projected Occupancy
51.5%
Cap Rate
1.8%
Structural Score: 64 / 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
826 sq ft covered of 304 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,013 sq ft
Allowed Coverage
304 sq ft · 30%
Existing Coverage
826 sq ft · 82%
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% ($179,000)
Home price
$895,000
Loan details
30-yr fixed, 6.5%
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