$1,599,000 $1,675,000 ↓ $76,000 reduced Pending
929 Northwood Boulevard #173
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Third Creek HOA allows short-term rentals.
3 Beds
·
3.0 Baths
·
1,967 Sq Ft

About This Property

This highly sought-after Third Creek end-unit townhome is set within a gated community in a serene forest and creekside setting. Enjoy easy, main-level living in this newly renovated open floor plan featuring a cozy river-rock fireplace, Vivitek projection TV and surround sound in the great room. A gourmet kitchen with breakfast bar, dining area, and sunny private patio are perfect for entertaining. Bath 3 and laundry closet are an added convenience. Upstairs offers a luxurious primary suite, 2-spacious bedrooms, and full bath. The attached garage includes many storage areas and cabinets for all your Tahoe gear. Enjoy outstanding complex amenities including a pool, spa, clubhouse, saunas, fitness room and tennis/pickleball court. Ideally located to walk, bike, or hike everywhere. Property owners enjoy access to 3-private beaches, golf courses, ski resort, restaurants, recreation and tennis centers, and more. Nevada tax advantages and STR's makes this an exceptional Tahoe opportunity.

Listed by Jane Rubsamen — Chase International

Listing Details

Status Pending
MLS # 1018890
Days on Market 91
Price/Sq Ft $813

Property History

May 17, 2026
Listed for sale
$1,599,000
Jul 28, 2026
Price changed
$1,599,000
Aug 01, 2026
Pending
$1,599,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2003 · county record $620,000 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 3.0
Sq. Ft. 1,967
Stories 2
Year Built 1993
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 132-066-44
Parking
Garage Spaces 1
Parking Features Attached,Door-Single,Garage,One Car Garage,Open,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Sprinkler/Irrigation,Landscaping,Patio,Rain Gutters,Security Lighting
Lot Features Backs to Greenbelt/Park,Stream/Creek,Wooded,Level
View Mountain(s),Creek/Stream,Trees/Woods
Construction Shingle Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas
Financial
Annual Tax $6,904
HOA Fee $783 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Clubhouse,Fitness Center,Pool,Sauna,Spa/Hot Tub,Tennis Court(s)
📊

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 — 929 Northwood Boulevard #173, Incline Village

Est. Annual Revenue
$51,606
Avg Nightly Rate
$292
Projected Occupancy
48.6%
Cap Rate
1.3%
Structural Score: 69 / 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

Over coverage limit
1,113 sq ft covered of 334 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,113 sq ft
Allowed Coverage
334 sq ft · 30%
Existing Coverage
1,113 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% ($319,800)
Home price
$1,599,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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