$1,250,000 $1,650,000 ↓ $400,000 reduced Active
120 Country Club Drive #STE 20
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Country Club Centre HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
2,088 Sq Ft

Our data on this home

About This Property

Premier mixed-use investment opportunity directly across from the renowned Hyatt Regency Lake Tahoe Resort, Spa, and Casino in the heart of Incline Village's main commercial corridor. This high-visibility condominium offers a rare opportunity for investors or owner-users. The fully remodeled lower-level commercial suite features stacked-stone accent walls, exposed beam ceilings, designer recessed lighting, updated electrical, and rich hardwood plank flooring—ideal for office, boutique retail, or income use. Upstairs, the renovated residential unit showcases soaring open-beam ceilings, hardwood flooring, custom tile, granite vanity tops, upgraded fixtures, and a gas log fireplace with stone surround. The kitchen includes granite counters, quality cabinetry, and quality appliances. Additional bath and in-unit laundry add comfort and rental appeal. Steps to dining, retail, Lakeshore Boulevard, and Lake Tahoe with flexible zoning for owner occupancy or dual-income potential.

Listed by John Leles — Dickson Realty Incline

Listing Details

Status Active
MLS # 260001771
Days on Market 249
Price/Sq Ft $599

Property History

Feb 15, 2026
Listed for sale
$1,650,000
Jul 10, 2026
Price reduced
$1,450,000 $1,650,000 ↓ $200,000
Sep 08, 2026
Price reduced
$1,250,000 $1,450,000 ↓ $200,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2024 · county record $1,200,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,088
Lot Size 0.10 acres
Stories 3
Year Built 1974
Property Type Condominium
Subdivision Village At Incline 1
County Washoe
STR Jurisdiction Washoe County
APN 130-180-20
Parking
Parking Features Additional Parking
Exterior & Lot
Exterior Features None
Lot Features Level
Construction Frame
Roof Flat
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $3,725
HOA Fee $930 / Monthly
HOA / Community The Village at Incline
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Security
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.6%

STR Investment Summary — 120 Country Club Drive #STE 20, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.6%
Structural Score: 53 / 100 (Standard) · STR Zone: Green

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

$2,100 – $3,100/yr
about $217/mo
Est. Rebuild Cost (Coverage A)
$626,400

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

$7,778 per month
Principal & interest
$6,321/mo
Property taxes
$310/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$930/mo
From MLS listing data.
Home insurance
$217/mo
Estimated ~$2,100–$3,100/yr — get a local broker quote for accuracy.
Down payment
20% ($250,000)
Home price
$1,250,000
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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