$1,250,000 $1,360,800 ↓ $110,800 reduced Active
929 Northwood Boulevard #UNIT 6
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. Third Creek HOA allows short-term rentals.
More Lake Tahoe homes for sale where STRs are allowed →
2 Beds
·
2.0 Baths
·
1,512 Sq Ft

Our data on this home

Short-term rental income $45K – $75K/yr Est. gross · $365/night · 45.0% booked Home insurance $1,500 – $2,300/yr Standard homeowners policy

About This Property

Nestled in the highly sought after Third Creek Community, this beautiful, fully remodeled townhome offers the perfect blend of luxury and comfort. Ideally situated across from a park-like setting and just steps to the clubhouse, residents enjoy resort-style amenities including a pool, spa, saunas, fitness room, tennis and pickleball court. Offered with Air Conditioning and furnished, this townhome showcases a redesigned interior featuring a gourmet kitchen, huge eating bar and abundant space for entertaining. The family room and dining area are centered around a river rock fireplace, creating the ideal mountain retreat ambiance. Step outside to the sunny, private deck perfect for relaxing. Plus, the garage has storage cabinets, a work bench and plenty of room for all your Tahoe toys. This central location provides easy access to scenic walking, biking, and hiking trails. Property owners enjoy privileges at 3-private beaches, golf courses, ski resort, restaurants, recreation and tennis facilities. Plus, Nevada's favorable tax advantages and allowable STR's presents an exceptional opportunity to experience the best of Tahoe living.

Listed by Jane Rubsamen — Chase International

Listing Details

Status Active
MLS # 260007270
Days on Market 138
Price/Sq Ft $827

Property History

Jun 07, 2026
Listed for sale
$1,360,800
Jun 30, 2026
Price changed
$1,275,000
Aug 06, 2026
Price reduced
$1,250,000 $1,275,000 ↓ $25,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2012 · county record $445,000 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 2.0
Sq. Ft. 1,512
Stories 2
Year Built 1993
Property Type Condominium
Subdivision Third Creek
County Washoe
STR Jurisdiction Washoe County
APN 132-061-23
Parking
Garage Spaces 1
Total Parking 1
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Park/Greenbelt, Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space, Raised
Utilities & Systems
Heating Baseboard, Fireplace(s), Natural Gas, Radiant
Financial
Annual Tax $5,438
HOA Fee $751 / Monthly
HOA / Community IPM (Incline Property Management)
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Fitness Center, Landscaping, Parking, Pool, Sauna, Spa/Hot Tub, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Luxury
75
PROJECTED GROSS ANNUAL REVENUE
$45K – $75K typically ~$60,000
~$5,000 per month
Avg Nightly
$365
Occupancy
45%
Cap Rate
1.9%

STR Investment Summary — 929 Northwood Boulevard #UNIT 6, Incline Village

Est. Gross Annual Revenue
$45K – $75K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.9%
Structural Score: 75 / 100 (Luxury) · 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

$1,500 – $2,300/yr
about $158/mo
Est. Rebuild Cost (Coverage A)
$453,600

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

$7,683 per month
Principal & interest
$6,321/mo
Property taxes
$453/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$751/mo
From MLS listing data.
Home insurance
$158/mo
Estimated ~$1,500–$2,300/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
(530) 317-0373

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