$1,350,000 Active
805 Geraldine Drive
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
·
1,576 Sq Ft

About This Property

Welcome to your Tahoe retreat in the sought-after neighborhood of Jennifer. This home blends charming mountain living, with modern comfort and a spirit of adventure. Just minutes to world-class skiing, beaches, and the areas amenities, plus the advantage of tax friendly Nevada. This home features a thoughtfully designed layout, with all the bedrooms conveniently located upstairs. Two of the bedrooms offer direct access to a shared deck, perfect for enjoying fresh mountain air and life's simple pleasures. There's abundant storage in the garage for all you Tahoe gear, whether you're headed to the slopes, trails, or the lake. The living room has high ceilings, exposed wooden beams, and has it's own private deck.Additional highlights include HVAC installed May 2025,, and Hot water heater installed May 2025, new washer & dryer.

Listed by Dyan Chapman — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260003155
Days on Market 53
Price/Sq Ft $857

Property History

Mar 20, 2026
Listed for sale
$1,350,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,576
Lot Size 0.26 acres
Stories 2
Year Built 1981
Property Type Single Family Residence
Subdivision Incline Village 1
County Washoe
STR Jurisdiction Washoe County
APN 125-232-09
Parking
Garage Spaces 1
Total Parking 3
Parking Features Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Up, Wooded
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Wood Stove, Forced Air
Financial
Annual Tax $7,067
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
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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 — 805 Geraldine Drive, Incline Village

Est. Annual Revenue
$38,085
Avg Nightly Rate
$390
Projected Occupancy
27.2%
Cap Rate
1.1%
Structural Score: 58 / 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% ($270,000)
Home price
$1,350,000
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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