$1,950,000 $2,150,000 ↓ $200,000 reduced Active
948 Northwood Boulevard
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Pointe, The HOA does not allow short-term rentals.
4 Beds
·
3.5 Baths
·
1,944 Sq Ft
Virtual Tour

About This Property

Beautifully situated on the 17th tee of the Incline Village Championship Golf Course, this freestanding home with detached garage offers sweeping fairway views and overlooks the green on the 16th hole—a true golfer’s dream. The upper-level living area features open-beamed vaulted ceilings, abundant natural light, and teak floors, with the primary suite conveniently on the same level. The open kitchen includes slab granite, KitchenAid appliances, and a cozy breakfast nook, while expansive decks on both levels capture the golf course setting and provide stairs to grade. This property includes two parcels—one for the home and one for the garage—along with 10 full IVGID passes. Located at low elevation just three blocks from Incline's private beaches and with easy access to Tahoe Blvd, it combines convenience with mountain style charm. No HOA fees, no dues, and no rental restrictions make this an exceptional opportunity.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018440
Days on Market 339
Price/Sq Ft $1,003

Property History

Sep 07, 2025
Listed for sale
$1,950,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 1998 · county record $495,000 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 3.5
Sq. Ft. 1,944
Lot Size 0.00 acres
Stories 2
Year Built 1981
Property Type Residential
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 131-290-08
Parking
Garage Spaces 2
Parking Features Detached,Garage,Two Car Garage,Garage Door Opener,Off Street
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features On Golf Course
View Golf Course,Lake
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $8,725
HOA / Community None
📊

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 — 948 Northwood Boulevard, Incline Village

Est. Annual Revenue
$43,021
Avg Nightly Rate
$244
Projected Occupancy
48.2%
Cap Rate
0.9%
Structural Score: 75 / 100 (Luxury) · STR Zone: Red

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
1,576 sq ft covered of 528 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,761 sq ft
Allowed Coverage
528 sq ft · 30%
Existing Coverage
1,576 sq ft · 89%
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% ($390,000)
Home price
$1,950,000
Loan details
30-yr fixed, 6.5%
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