$785,000 Pending
700 College Drive #2
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Mount Rose Chalets HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,120 Sq Ft

About This Property

Tucked into the Mt Rose Chalets, this free-standing mountain home offers comfort, style, and easy access to everything Incline Village has to offer. The remodeled kitchen is designed for everyday living and entertaining, featuring stainless steel appliances, granite counters, a gas cooktop, and a generous pantry. The open great room centers around an EPA-compliant woodstove, creating a warm and welcoming space year-round. Just off the eating area, a sliding door opens to the back deck, perfect for morning coffee or relaxing after a day outdoors. A washer and dryer add everyday convenience. Upstairs, two bedrooms feature vaulted ceilings and thoughtful upgrades, including a walk-in shower, dual copper sinks, custom closet systems, and additional storage accented with barn doors. Ideally located a short distance to Lake Tahoe, world-class skiing, golf, hiking, and biking, this home offers a true mountain lifestyle with modern comforts.

Listed by Linda Granger — Christie's Int'l R.E. Sereno

Listing Details

Status Pending
MLS # 20260041
Days on Market 58
Sold Date 2026-04-27
Price/Sq Ft $701

Property History

Jan 13, 2026
Listed for sale
$785,000
Current
Pending
$785,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,120
Stories 2
Year Built 1977
Property Type Residential
Style Mountain
Subdivision SurroundingArea
County Washoe
STR Jurisdiction Washoe County
APN 129-252-02
Parking
Parking Features None
Exterior & Lot
Lot Features Level,Upslope
View Wooded,Mountain
Construction Framed
Roof Composition
Foundation Perim Concrete
Utilities & Systems
Heating Natural Gas
Financial
HOA Fee $369
📊

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 — 700 College Drive #2, Incline Village

Est. Annual Revenue
$52,822
Avg Nightly Rate
$423
Projected Occupancy
33.4%
Cap Rate
2.7%
Structural Score: 57 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($157,000)
Home price
$785,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
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Email 9166671444

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