$878,000 $895,000 ↓ $17,000 reduced Active
931 Incline Way #230
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. 939 Incline Way #193 HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,089 Sq Ft
Virtual Tour

About This Property

Hey Buyers!! Looking for something you can put on a vacation rental and use yourself during our beautiful 'shoulder' seasons? Check out this 2 bedroom - 2 bath McCloud condo tucked into a private wooded setting! Currently the lowest priced 2 bedroom at McCloud. Embrace the Tahoe lifestyle with this easy single-level living. Close proximity to everything ... Incline amenities, restaurants, shopping and even our movie theater - bowling alley and Hyatt Regency Hotel & Casino. Beach and ski just a few short minutes away. French doors from living room open onto a private deck, perfect for morning coffee or relaxing after a day at the lake or on the slopes. Impeccably maintained in pristine original condition, complemented by newer luxury vinyl flooring. The pet friendly complex offers a spa & sauna plus a one car detached garage for added convenience. This property offers the perfect blend of mountain serenity and everyday convenience. Monthly HOA's reduction to $986 effective 10/1/26

Listed by Pamela Fernandez — Lakeshore Realty

Listing Details

Status Active
MLS # 1018712
Days on Market 168
Price/Sq Ft $806

Property History

Mar 07, 2026
Listed for sale
$895,000
Aug 12, 2026
Price reduced
$878,000 $895,000 ↓ $17,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1991 · county record $167,500 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,089
Stories 1
Year Built 1989
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-077-34
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Baseboard,Hot Water
Financial
Annual Tax $4,656
HOA Fee $1,112 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
65
PROJECTED GROSS ANNUAL REVENUE
$34K – $51K typically ~$42,936
~$3,578 per month
Avg Nightly
$261
Occupancy
45%
Cap Rate
2.0%

STR Investment Summary — 931 Incline Way #230, Incline Village

Est. Gross Annual Revenue
$34K – $51K
typically ~$42,936
Avg Nightly Rate
$261
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 65 / 100 (Premium) · STR Zone: Green

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

Over coverage limit
826 sq ft covered of 304 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,013 sq ft
Allowed Coverage
304 sq ft · 30%
Existing Coverage
826 sq ft · 82%
Addable Coverage
0 sq ft
Existing Units
1

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

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($175,600)
Home price
$878,000
Loan details
30-yr fixed, 6.5%
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