$1,199,000 $1,225,000 ↓ $26,000 reduced Active
978 Glenrock Court #45
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Glenrock HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,440 Sq Ft
Virtual Tour

About This Property

Completely rebuilt from the framing up, this stunning Glenrock residence blends mountain charm with modern luxury. Set on a spacious lot for added privacy, the 3-bedroom, 2.5-bath home showcases thoughtful craftsmanship and energy-efficient upgrades throughout. Inside, enjoy a bright, open layout with new flooring, high-performance insulation, all-new windows, hydronic heating, and a chef’s kitchen with granite counters, new cabinetry, and stainless appliances. A 15-foot sliding door opens to the new Trex deck, blending indoor and outdoor living. Additional highlights include a new roof, siding, and paint, remodeled bathrooms, new doors, retaining walls, and a cozy heated workshop. Every system—plumbing, heating, and insulation—has been modernized for comfort and efficiency. Located in Incline Village’s sought-after Glenrock community, residents enjoy Lake Tahoe beaches, golf, Diamond Peak Ski Resort, and access to a pool and clubhouse.

Listed by Darrell Johnson — Intero Nevada LLC

Listing Details

Status Active
MLS # 1018530
Days on Market 293
Price/Sq Ft $833

Property History

Oct 23, 2025
Listed for sale
$1,199,000
Jul 23, 2026
Price changed
$1,199,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2018 · county record $210,000 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 3
Baths 2.5
Sq. Ft. 1,440
Lot Size 0.00 acres
Stories 2
Year Built 1972
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-022-16
Parking
Parking Features Assigned,No Garage,Open,Outside
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features No Backyard Grass,Sloped,Wooded
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $4,525
HOA Fee $400 / Monthly
HOA / Community Incline managem
HOA & Community
Community Amenities Clubhouse,Pool
📊

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 — 978 Glenrock Court #45, Incline Village

Est. Annual Revenue
$51,248
Avg Nightly Rate
$273
Projected Occupancy
51.6%
Cap Rate
1.7%
Structural Score: 60 / 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

Room to build
965 sq ft covered of 1,092 sq ft allowed
128 sq ft of coverage still available to add.
Parcel Size
3,641 sq ft
Allowed Coverage
1,092 sq ft · 30%
Existing Coverage
965 sq ft · 26%
Addable Coverage
128 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% ($239,800)
Home price
$1,199,000
Loan details
30-yr fixed, 6.5%
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