About This Property
Premier mixed-use investment opportunity directly across from the renowned Hyatt Regency Lake Tahoe Resort, Spa, and Casino in the heart of Incline Village’s main commercial corridor. This high-visibility condominium offers a rare opportunity for investors or owner-users. The fully remodeled lower-level commercial suite features stacked-stone accent walls, exposed beam ceilings, designer recessed lighting, updated electrical, and rich hardwood plank flooring—ideal for office, boutique retail, or income use. Upstairs, the renovated residential unit showcases soaring open-beam ceilings, hardwood flooring, custom tile, granite vanity tops, upgraded fixtures, and a gas log fireplace with stone surround. The kitchen includes granite counters, quality cabinetry, and quality appliances. Additional bath and in-unit laundry add comfort and rental appeal. Steps to dining, retail, Lakeshore Boulevard, and Lake Tahoe with flexible zoning for owner occupancy or dual-income potential.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2024 | $1,200,000 | Laura BeckDickson Realty | John LelesSierra Sotheby's International |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 120 Country Club Drive #20, Incline Village
Nightly rates and occupancy from Incline Village market data (133 comparable 2-bedroom rentals, 2026-08); 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.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
