$569,900 $1,018,452 ↓ $448,552 reduced Active
807 Alder Avenue #89
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Woodstock HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,052 Sq Ft

About This Property

BEAUTIFUL WOODSTOCK REMODEL JUST COMPLETED! New carpet/vinyl plank flooring throughout, new stainless steel appliances that include a refrigerator, stove & dishwasher. Absolute pluses: New double pane windows & slider, new light fixtures, new kitchen counter/sink, new paint and much more! This is an unfurnished, lower 2 bedroom, 2 bath unit with a woodburning fireplace, tons of sunlight, a nice quiet location, & an onsite community laundry. Additionally, enjoy the plus of a super low elevation location just blocks from Raley's Super Market & shopping center, a hospital, library, post office, schools, restaurants, & the Hyatt Regency Hotel & Casino. Incline's amenities are yours to enjoy: 2 golf courses, 3 beaches, Diamond Peak Ski Resort, & the Rec Center with an indoor pool, gym, pickleball court & tennis courts just minutes away. This unit offers the best of both worlds as an investment purchase for either short term or long term renting...or a delightful place to call home!

Listed by Sherine Kuckhoff — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018777
Days on Market 136
Price/Sq Ft $542

Property History

Apr 07, 2026
Listed for sale
$1,018,452
Jun 23, 2026
Price changed
$569,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2004 · county record $225,000 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,052
Stories 1
Year Built 1978
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 132-52-12
Parking
Parking Features No Garage,Open,Off Street,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Backs to Greenbelt/Park,Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,621
HOA Fee $795 / Monthly
HOA / Community Incline Property Mgt.
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
51
PROJECTED GROSS ANNUAL REVENUE
$10K – $27K typically ~$18,610
~$1,551 per month
Avg Nightly
$113
Occupancy
45%
Cap Rate
1.3%

STR Investment Summary — 807 Alder Avenue #89, Incline Village

Est. Gross Annual Revenue
$10K – $27K
typically ~$18,610
Avg Nightly Rate
$113
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 51 / 100 (Standard) · 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
920 sq ft covered of 276 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
920 sq ft
Allowed Coverage
276 sq ft · 30%
Existing Coverage
920 sq ft · 100%
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% ($113,980)
Home price
$569,900
Loan details
30-yr fixed, 6.5%
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