$1,100,000 $1,250,000 ↓ $150,000 reduced Active
120 Country Club Dr #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village at Incline HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
2,088 Sq Ft

About This Property

Mixed-use condominium, work downstairs and Live upstairs. Low elevation Incline Village, directly across the street from the Hyatt Regency Lake Tahoe, business ownership, and income potential in Nevada. No state income tax. Unit is surrounded by restaurants, bars, professional offices, retail, salons, and walking distance to private beaches only blocks away. Enjoy full Incline Village Privileges which includes Diamond Peak Ski Area, two beautiful golf courses, tennis and pickle ball courts, recreation center with indoor swimming pool, and much more.

Listed by Lonny Parsons — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019023
Days on Market 26
Price/Sq Ft $527

Property History

Jul 01, 2026
Listed for sale
$1,100,000
Jul 22, 2026
Price changed
$1,100,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2013 · county record $270,000 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 2
Baths 2.5
Sq. Ft. 2,088
Stories 3
Year Built 1975
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 130-180-21
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Construction Frame
Roof Flat
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $4,215
HOA Fee $895 / Monthly
HOA / Community IPM
📊

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 — 120 Country Club Dr #21, Incline Village

Est. Annual Revenue
$23,641
Avg Nightly Rate
$142
Projected Occupancy
45.5%
Cap Rate
0.9%
Structural Score: 49 / 100 (Standard) · 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
780 sq ft covered of 234 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
780 sq ft
Allowed Coverage
234 sq ft · 30%
Existing Coverage
780 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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($220,000)
Home price
$1,100,000
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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