$1,148,000
121 Juanita Drive # 2-31
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,257 Sq Ft

About This Property

This low elevation lake level, fully furnished townhome is conveniently tucked away from the main road & just steps from the Diamond Peak ski shuttle & our two private beaches. Your main level offers an open living concept & features a remodeled kitchen with new cabinets, granite counter tops & brand new stainless steel appliances. Also on this level you'll find your dining & living rooms, gas wood burning fireplace, your primary bedroom & bathroom including upgraded vanity & shower/tub, a private deck, cathedral beamed ceilings with ceiling fans & 2 skylights for extra sunlight. The upper level offers 2 guest bedrooms, upgraded bathroom & a laundry closet. Forest Pines is one of the few complexes in Incline Village that include a common clubhouse with a fireplace & ping pong table, outdoor seasonal pool, year round spa/hot tub & sauna. This highly sought after, well maintained, low elevation complex has an abundance of parking as well as boat parking, kayak/SUP & bicycle rack storage.

Listed by Sarah Clark — Dickson Realty Incline

Listing Details

Status Active
MLS # 250055343
Days on Market 218
Price/Sq Ft $913

Property History

Sep 02, 2025
Listed for sale
$1,148,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,257
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Forest Pines 2
County Washoe
STR Jurisdiction Washoe County
APN 127-290-31
Parking
Total Parking 2
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Gentle Sloping, Wooded
Construction Frame
Roof Composition, Pitched
Foundation Crawl Space
Pool & Spa
Pool Fenced, Heated, In Ground, Outdoor Pool
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,283
HOA Fee $800
HOA / Community Incline Property Mgmt.
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Barbecue, Clubhouse, Landscaping, Parking, Pool, Recreation Room, Spa/Hot Tub
📊

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 — 121 Juanita Drive # 2-31, Incline Village

Est. Annual Revenue
$57,962
Avg Nightly Rate
$425
Projected Occupancy
37.2%
Cap Rate
2.0%
Structural Score: 56 / 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% ($229,600)
Home price
$1,148,000
Loan details
30-yr fixed, 6.5%
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