$895,000 $925,000 ↓ $30,000 reduced Active
120 Village Boulevard #121
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. McCloud HOA allows short-term rentals.
More Lake Tahoe homes for sale where STRs are allowed →
2 Beds
·
2.0 Baths
·
1,111 Sq Ft

Our data on this home

Short-term rental income $40K – $60K/yr Est. gross · $304/night · 45.0% booked Home insurance $1,100 – $1,700/yr Standard homeowners policy

About This Property

One of the closest units walkable within minutes to Ski Beach, and the recreation center, with a short drive up to Diamond Peak from this updated two-bedroom, two-bathroom McCloud condo. Brand new interior paint, new carpeting, and a new bathtub give the home a refreshed feel. The spacious living room with corner windows and wood-burning fireplace opens to a private balcony on the edge of the community, while the dining area offers room for meals and gatherings. Residents also enjoy the community hot tub and the convenience of nearby beach and mountain recreation. Comfortable and move-in-ready, this condo is a great spot to enjoy all that Incline Village has to offer.

Listed by Sondra Jackson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018754
Days on Market 209
Price/Sq Ft $806

Property History

Mar 30, 2026
Listed for sale
$925,000
Sep 05, 2026
Price reduced
$895,000 $925,000 ↓ $30,000
Sep 19, 2026
Pending
$895,000
Sep 29, 2026
Relisted
$895,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2006 · county record $615,000 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 2
Baths 2.0
Sq. Ft. 1,111
Stories 1
Year Built 1992
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-076-29
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Financial
Annual Tax $4,551
HOA Fee $1,123 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Spa/Hot Tub
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
2.2%

STR Investment Summary — 120 Village Boulevard #121, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
2.2%
Structural Score: 62 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-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

$1,100 – $1,700/yr
about $117/mo
Est. Rebuild Cost (Coverage A)
$333,300

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

$6,145 per month
Principal & interest
$4,526/mo
Property taxes
$379/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$1,123/mo
From MLS listing data.
Home insurance
$117/mo
Estimated ~$1,100–$1,700/yr — get a local broker quote for accuracy.
Down payment
20% ($179,000)
Home price
$895,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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