$1,025,000
929 Northwood Boulevard
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Golf Course Villas HOA does not allow short-term rentals.
2 Beds
·
2.0 Baths
·
1,512 Sq Ft

About This Property

Escape the everyday in this inviting 2-bedroom, 2-bath Lake Tahoe condo with the warmth and charm you'd expect from this beloved mountain destination. Nestled in a gated community, this two-story retreat offers the perfect blend of cozy character and everyday convenience. The main level welcomes you with a comfortable bedroom, full bath, and a generous walk-in closet, ideal as a private guest suite or serene primary retreat. Head upstairs and you'll find the heart of the home: a warm living room anchored by a cozy fireplace, a well-appointed kitchen, and a second bedroom with its own full bath and walk-in closet. Step through the sliding glass door off the living room onto your private deck, the perfect spot for morning coffee or an evening unwind. The attached one-car garage adds everyday practicality, while the gated community provides peace of mind and a true sense of neighborhood. When you need to restock the pantry, it couldn't be easier, as a private gate leads directly into Raley's parking lot, making grocery runs effortless. Community amenities bring resort-style living to your backyard, with a sparkling swimming pool, relaxing hot tub, and a clubhouse for gathering with neighbors. Whether you're looking for a full-time residence or a mountain getaway, this charming Lake Tahoe condo delivers that rare cozy warmth with the convenience of nearby shopping and amenities.

Listed by Annette Junell — Keller Williams Group One Inc.

Listing Details

Status Active
MLS # 260004219
Price/Sq Ft $678

Property History

Apr 09, 2026
Listed for sale
$1,025,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,512
Stories 2
Year Built 1992
Property Type Condominium
Subdivision Third Creek
County Washoe
STR Jurisdiction Washoe County
APN 132-064-22
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Common Area, Sprinklers In Front
View Trees/Woods
Roof Composition
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Baseboard, Natural Gas
Financial
Annual Tax $5,255
HOA Fee $760 / Monthly
HOA / Community Third Creek Condominiums
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Landscaping, Parking, Pool, Recreation Room, Sauna, Spa/Hot Tub, Tennis Court(s)
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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%

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% ($205,000)
Home price
$1,025,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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