$850,000 Active Under Contract
221 Lark Court #2
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
2 Beds
·
2.5 Baths
·
1,335 Sq Ft

About This Property

Beautifully updated Incline Village condo located just minutes from Lake Tahoe. This home has been completely renovated from top to bottom, featuring a brand-new kitchen with stainless steel appliances, updated flooring, new railings, and heated tile flooring in the primary bathroom. The primary suite includes a luxury walk-in closet and a beautifully finished bathroom with heated floors. Enjoy two decks for low-maintenance outdoor living. The open-concept great room includes a built-in office area, offering both style and functionality. The exterior of the building has also been refreshed with new paint, a paver patio, and updated garage doors. Additional highlights include full IVGID access and a prime location close to Incline's private beaches. No HOA. One garage space included.

Listed by Laura Kirsch — Marmot Properties, LLC

Listing Details

Status Active Under Contract
MLS # 250058383
Days on Market 169
Price/Sq Ft $637

Property History

Nov 19, 2025
Listed for sale
$850,000
Current
Pending
$850,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,335
Stories 3
Year Built 1980
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-300-02
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level
Roof Composition, Pitched, Shingle
Foundation Slab
Financial
Annual Tax $3,337
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
📊

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 — 221 Lark Court #2, Incline Village

Est. Annual Revenue
$40,077
Avg Nightly Rate
$270
Projected Occupancy
38.7%
Cap Rate
1.9%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

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% ($170,000)
Home price
$850,000
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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