$1,075,000 $1,185,000 ↓ $110,000 reduced Active Under Contract
998 Driver Way #2
Incline Village, NV 89451
This home is under contract. See 6 similar homes for sale in and around Incline Village ↓

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Washoe County has no STR permit caps, but we have no record of Pinecreek's rental rules. Check the CC&Rs before counting on rental income.
2 Beds
·
2.0 Baths
·
1,370 Sq Ft
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Our data on this home

Short-term rental income $40K – $60K/yr Est. gross · $304/night · 45.0% booked Home insurance $1,400 – $2,100/yr Standard homeowners policy

About This Property

Creekside setting! Stunning mountain-modern condo with spacious deck overlooking year-around creek. Open floor plan is perfect for entertaining friends and family. Living room features stone gas log fireplace, wet bar and access to deck. Kitchen is open to dining area/living room and features stainless steel appliances, quartz countertops, breakfast bar and access to second deck that is perfect for BBQ! Primary bedroom overlooks creekside setting and features double-sink vanity, natural stone shower/tub and walk-in closet. New furnace and water heater installed in 2025. Convenient storage closet at front entry for skis and outdoor gear, and assigned covered parking. Nestled in the Championship Golf Course Subdivision with easy access to recreational amenities. A pleasure to show!

Listed by Kristi Thordarson — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 1018932
Days on Market 137
Price/Sq Ft $785

Property History

Jun 07, 2026
Listed for sale
$1,185,000
Aug 02, 2026
Price reduced
$1,147,000 $1,185,000 ↓ $38,000
Aug 18, 2026
Price reduced
$1,075,000 $1,147,000 ↓ $72,000
Oct 02, 2026
Pending
$1,075,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2024 $865,000 Pamela FernandezLakeshore Realty Kristi ThordarsonSierra Sotheby's International

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. 1,370
Stories 2
Year Built 1979
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 131-060-02
Parking
Parking Features Carport
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Creek/Stream,Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,342
HOA Fee $400 / Monthly
HOA / Community Pine Creek HOA
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STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
61
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 — 998 Driver Way #2, 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: 61 / 100 (Premium) · STR Zone: Yellow

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

$1,400 – $2,100/yr
about $146/mo
Est. Rebuild Cost (Coverage A)
$411,000

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

$6,261 per month
Principal & interest
$5,436/mo
Property taxes
$279/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
$146/mo
Estimated ~$1,400–$2,100/yr — get a local broker quote for accuracy.
Down payment
20% ($215,000)
Home price
$1,075,000
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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