$2,649,000 Active
400 Fairview Boulevard #UNIT 162
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush l HOA allows short-term rentals.
4 Beds
·
3.5 Baths
·
2,961 Sq Ft

About This Property

Luxury Living Elevated! Perched above Incline Village, this freshly painted end-unit condo offers you an unparalleled Tahoe lifestyle with panoramic views of Lake Tahoe and Diamond Peak Ski Resort framing every window, while the seasonal melody of Third Creek echoes from the valley below. Effortless Alpine Luxury - Forget the stairs—a private internal elevator serves the top three floors, making every level easily accessible. Comfort is a year-round priority with 4-zone radiant floor heating and top-floor air conditioning. The open-concept Great Room flows seamlessly from the kitchen with granite counters to a private balcony equipped with a natural gas BBQ hookup—perfect for sunset entertaining and gazing at the lake views. Smart & Secure - This is a truly "intelligent" home, featuring a Control 4 Home Automation System that manages security, lighting, and climate. Peace of mind comes standard with a smart leak detection system and automatic water shut-off. Additional features include master bedroom with fireplace, balcony, and a walk-in closet - all on one private floor with laundry; an en suite bedroom/office/den combo with a Murphy bed and wet bar - perfect for entertaining or long term guests; a subgrade wine closet with a 192-bottle capacity; and a finished 2-car garage with epoxy floors, built-in workbench, overhead bike storage, and private spa. Experience the best of Incline Village from this impeccably maintained property.

Listed by Mitch Argon — CalNeva Realty

Listing Details

Status Active
MLS # 260002657
Days on Market 57
Price/Sq Ft $895

Property History

Mar 11, 2026
Listed for sale
$2,649,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,961
Stories 4
Year Built 2001
Property Type Condominium
Subdivision Ski Lane Bitterbrush 2
County Washoe
STR Jurisdiction Washoe County
APN 126-292-64
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Sloped Down, Steep Slope
View Mountain(s), Ski Resort
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Natural Gas, Radiant Floor
Water Source Lake Tahoe
Financial
Annual Tax $10,346
HOA Fee $970 / Monthly
HOA / Community Bitterbrush II Homeowners Association
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Landscaping, Management, Parking
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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 — 400 Fairview Boulevard #UNIT 162, Incline Village

Est. Annual Revenue
$80,149
Avg Nightly Rate
$897
Projected Occupancy
25.2%
Cap Rate
1.2%
Structural Score: 79 / 100 (Luxury) · 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% ($529,800)
Home price
$2,649,000
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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