Sold $760,000 $930,000 Closed
989 Tahoe Boulevard #20
Incline Village, NV 89451

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SOLD 2025-09-19
Sold for $760,000 (listed at $930,000)
3 Beds
·
2.0 Baths
·
1,740 Sq Ft

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It sold for $760,000 on 2025-09-19, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Trust sale – specific terms apply. This spacious and flexible 3-bedroom, 2-bath condo in Tahoe Racquet Club offers 1,740 sq. ft. of comfortable mountain living in the heart of Incline Village. The main level features vaulted ceilings, an open-concept living/dining area with a sunny deck, plus one bedroom and a full bath. A cozy loft provides extra space for sleeping or storage. Downstairs includes two additional bedrooms, another full bath, and a second patio. One of the downstairs bedrooms functions as a private mini-suite with its own entrance and can be locked off - great for guests, flexible living, or rental income (no short-term restrictions). Short walk to the lake, Raleys, dining, the Hyatt, and minutes to Diamond Peak Ski Resort. Owners enjoy full IVGID privileges, including access to private beaches, the Rec Center, and more. This centrally located mountain condo is a fantastic option for a full-time residence, vacation home, or investment in beautiful Lake Tahoe!

Listed by Zoe Berg-Pitt — Compass

Listing Details

Status Closed
MLS # 1018105
Sold Date 2025-09-19
Sold Price $760,000
Price/Sq Ft $534

Property History

May 05, 2025
Listed for sale
$980,000
Current
Sold
$760,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,740
Stories 2
Year Built 1971
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-363-28
Parking
Parking Features No Garage,Open,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Patio
Lot Features Level
View Mountain(s),Creek/Stream,Trees/Woods
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $2,428
HOA Fee $595 / Monthly
HOA / Community IPM

STR Investment Summary — 989 Tahoe Boulevard #20, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 50 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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

$1,800 – $2,600/yr
about $183/mo
Est. Rebuild Cost (Coverage A)
$522,000

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

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