$1,320,000 Active
123 Juanita Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Forest Pines HOA allows short-term rentals.
4 Beds
·
2.0 Baths
·
1,388 Sq Ft

About This Property

123 Juanita Drive #7 offers the ideal blend of comfort, location, and versatility in the heart of Incline Village. Located approximately half a mile from Incline Beach—one of the community's three private beaches available exclusively to residents—this inviting Forest Pines condominium places you close to the shoreline and all the amenities that make Tahoe living so special. This rare 4-bedroom layout provides generous space for hosting family and friends, creating the perfect mountain retreat with all new kitchen appliances. The association currently allows short term rentals and presents a compelling opportunity for investors seeking strong rental potential in a coveted, centrally located complex. Forest Pines stands out as one of the select associations in Incline Village that offers an exceptional range of amenities, including a welcoming clubhouse, seasonal outdoor pool, year-round spa and sauna, and meticulously maintained grounds. Its ideal low-elevation location provides convenient year-round access, along with generous parking — a valuable benefit for both residents and their guests.

Listed by Michelle Seeley — Sierra Sothebys Intl. Realty

Listing Details

Status Active
MLS # 260002499
Days on Market 62
Price/Sq Ft $951

Property History

Mar 06, 2026
Listed for sale
$1,320,000
Property Overview
Beds 4
Baths 2.0
Sq. Ft. 1,388
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Forest Pines 1
County Washoe
STR Jurisdiction Washoe County
APN 127-300-31
Parking
Total Parking 3
Parking Features None
Exterior & Lot
Exterior Features Awning(s)
Lot Features Level
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas
Financial
Annual Tax $2,611
HOA Fee $650 / Monthly
HOA / Community Forest Pines
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Landscaping, Parking, Pool, Recreation Room, Sauna, 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 — 123 Juanita Drive, Incline Village

Est. Annual Revenue
$54,184
Avg Nightly Rate
$528
Projected Occupancy
29.8%
Cap Rate
1.6%
Structural Score: 52 / 100 (Standard) · 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% ($264,000)
Home price
$1,320,000
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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