$1,125,000 $1,225,000 ↓ $100,000 reduced Active
978 Glenrock Drive #UNIT 45
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Glenrock HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,440 Sq Ft
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Our data on this home

About This Property

Completely rebuilt from the framing up, this stunning Glenrock residence feels brand new—offering the perfect blend of mountain charm and modern design. Situated on a spacious lot for added outdoor space and privacy, this 3-bedroom, 2.5-bath home showcases thoughtful craftsmanship and high-efficiency upgrades throughout. Step inside to a bright, open layout featuring new flooring, high-performance insulation, all-new windows, and hydronic heating. The chef's kitchen shines with granite surfaces, new cabinetry, and stainless appliances, opening seamlessly into the sun-filled living and dining areas. A 15-foot sliding glass door connects to the new Trex deck, blending indoor and outdoor living perfectly. Additional highlights include a new roof, siding, and exterior paint, fully remodeled bathrooms, new doors and retaining walls, and a cozy heated workshop—ideal for projects year-round. Every system has been modernized, from plumbing and heating to insulation and finishes, ensuring comfort and efficiency in all seasons. Nestled in one of Incline Village's most sought-after communities, residents enjoy easy access to Lake Tahoe beaches, golf courses, Diamond Peak ski resort, and Glenrock amenities including a pool and clubhouse. This is Tahoe living—reimagined and rebuilt to perfection.

Listed by Tomacina Hochgurtel — Intero

Listing Details

Status Active
MLS # 250057311
Days on Market 386
Price/Sq Ft $781

Property History

Oct 22, 2025
Listed for sale
$1,225,000
Jul 23, 2026
Price reduced
$1,199,000 $1,215,000 ↓ $16,000
Sep 16, 2026
Price reduced
$1,174,000 $1,199,000 ↓ $25,000
Oct 08, 2026
Price reduced
$1,150,000 $1,174,000 ↓ $24,000
Oct 20, 2026
Price reduced
$1,125,000 $1,150,000 ↓ $25,000

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,440
Stories 2
Year Built 1972
Property Type Townhouse
Subdivision Glenrock
County Washoe
STR Jurisdiction Washoe County
APN 131-022-16
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Sloped Up
View Trees/Woods
Construction Insulated Concrete Forms (ICFs), Insulation - Batts, HardiPlank Type
Roof Asphalt, Composition
Foundation Slab
Utilities & Systems
Heating Baseboard, ENERGY STAR Qualified Equipment, Fireplace(s), Radiant
Financial
Annual Tax $3,507
HOA Fee $400 / Monthly
HOA / Community Glenrock association inc.
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Pool, Recreation Room
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 978 Glenrock Drive #UNIT 45, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 66 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (185 comparable 3-bedroom rentals, 2026-11); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,500 – $2,200/yr
about $154/mo
Est. Rebuild Cost (Coverage A)
$432,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$6,535 per month
Principal & interest
$5,689/mo
Property taxes
$292/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$400/mo
From MLS listing data.
Home insurance
$154/mo
Estimated ~$1,500–$2,200/yr — get a local broker quote for accuracy.
Down payment
20% ($225,000)
Home price
$1,125,000
Loan details
30-yr fixed, 6.5%
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