$1,069,900 Active
989 Tahoe Boulevard #86
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Tahoe Raquet Club HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,649 Sq Ft
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About This Property

A Creekside Tahoe Retreat in the Heart of Incline Village! Experience the best of mountain living from this spacious 3-bedroom, 2-bath residence with loft, tucked away in a premium section of the Tahoe Racquet Club. Forest-edge serenity and a rare year-round creek create a peaceful, natural backdrop, with two spacious decks overlooking the water, trees and mountain tops. Inside, enjoy high ceilings, a wood-burning fireplace and a remodeled, open living, dining and kitchen area. The flexible loft offers additional sleeping, office or lounge space. As you leave the door you are just blocks to Incline’s beaches, Recreation Center, bocce/pickleball/tennis courts, disc golf, Hyatt, restaurants, shopping, golf courses, hiking/biking trails, and the ski shuttle to Diamond Peak. Adjacent to Lake Tahoe School and UNR Tahoe. Coveted IVGID privileges and attractive Nevada tax advantages complete the package for an exceptional primary residence or Tahoe getaway.

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Active
MLS # 1019149
Price/Sq Ft $649

Property History

Aug 26, 2026
Listed for sale
$1,069,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · county record $570,000 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 2.0
Sq. Ft. 1,649
Stories 3
Year Built 1971
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 127-363-12
Parking
Parking Features No Garage,Off Street,Permit Required,Private
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Stream/Creek,Wooded,Level
View Mountain(s),Creek/Stream,Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $3,014
HOA Fee $650 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$14K – $33K typically ~$23,239
~$1,937 per month
Avg Nightly
$141
Occupancy
45%
Cap Rate
0.9%

STR Investment Summary — 989 Tahoe Boulevard #86, Incline Village

Est. Gross Annual Revenue
$14K – $33K
typically ~$23,239
Avg Nightly Rate
$141
Projected Occupancy
45.0%
Cap Rate
0.9%
Structural Score: 54 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
719 sq ft covered of 217 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
722 sq ft
Allowed Coverage
217 sq ft · 30%
Existing Coverage
719 sq ft · 100%
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% ($213,980)
Home price
$1,069,900
Loan details
30-yr fixed, 6.5%
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