$949,000 Active
939 Incline Way #198
Incline Village, NV 89541
✓ 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
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About This Property

Exquisitely remodeled 2-bedroom, 2-bath residence in the highly coveted McCloud complex, one of Incline Village’s premier communities. This lower-level unit combines comfort and sophistication with a turnkey design and high-end finishes throughout. The interior is highlighted by wide-plank luxury vinyl flooring, elegant quartz countertops, and a beautifully updated kitchen featuring premium appliances and a built-in wine refrigerator—perfect for both everyday living and entertaining. Offered fully furnished with designer-selected pieces, along with mounted TVs, this home is truly move-in ready with no detail overlooked. Additional conveniences include a detached single-car garage with ample storage. Ideally located just moments from Incline Village’s private beaches, scenic parks, and renowned dining, this exceptional property captures the essence of Tahoe living. You will not be disappointed in this exceptional property

Listed by John Leles — Dickson Realty

Listing Details

Status Active
MLS # 1018770
Days on Market 138
Price/Sq Ft $871

Property History

Apr 03, 2026
Listed for sale
$949,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2021 · county record $920,000 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 2
Baths 2.0
Sq. Ft. 1,089
Stories 1
Year Built 1990
Property Type Condominium
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 127-077-04
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $5,299
HOA Fee $1,123 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Sauna,Spa/Hot Tub
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
65
PROJECTED GROSS ANNUAL REVENUE
$34K – $51K typically ~$42,936
~$3,578 per month
Avg Nightly
$261
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 939 Incline Way #198, Incline Village

Est. Gross Annual Revenue
$34K – $51K
typically ~$42,936
Avg Nightly Rate
$261
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 65 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (133 comparable 2-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
774 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
774 sq ft · 76%
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% ($189,800)
Home price
$949,000
Loan details
30-yr fixed, 6.5%
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