$2,299,000 $2,600,000 ↓ $301,000 reduced Active Under Contract
862 Jennifer Street
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·
4.0 Baths
·
2,956 Sq Ft
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About This Property

Remodeled well maintained single family home in the popular Jennifer Subdivision. Beautiful two story, 6 -bedroom, 4- full bathroom. This home has been the family get-away for over 26 years. Kitchen and all 4 bathrooms have been remodeled. Large 2 car garage. This is the perfect home for large groups offering 2,956 sq ft of living space. Great Outdoor entertaining with 2,653 sq ft of expansive decks and hot tub. Enjoy the forest and mountain views while relaxing on the patio furniture. BBQ a feast with your family and friends. Traditional wood burning fireplace wrapped in river rock sets the tone for this mountain home. Two natural gas burning fireplace, A well appointed kitchen offers beautiful knotty alder cabinets. Perfect for entertaining large groups. Large laundry room with expansive counter tops and utility sink. Additional storage room. Incline Village Amenities make this home a great opportunity for family retreat and vacation rental income. Turnkey - All Furniture Included.

Listed by Scott Rutley — Dickson Realty

Listing Details

Status Active Under Contract
MLS # 1018783
Days on Market 126
Price/Sq Ft $778

Property History

Apr 17, 2026
Listed for sale
$2,600,000
Jul 26, 2026
Pending
$2,299,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2000 · county record $365,000 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 6
Baths 4.0
Sq. Ft. 2,956
Lot Size 0.24 acres
Stories 2
Year Built 1979
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 125-243-27
Parking
Garage Spaces 2
Parking Features Attached,Covered,Door-Single,Garage,Two Car Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Deck,Hot Tub/Spa,Landscaping,Patio,Security Lighting
Lot Features Backs to Greenbelt/Park,Sloped,Wooded
View Mountain(s),Trees/Woods
Construction Shingle Siding,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $8,490
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$97K – $170K typically ~$133,385
~$11,115 per month
Avg Nightly
$812
Occupancy
45%
Cap Rate
2.3%

STR Investment Summary — 862 Jennifer Street, Incline Village

Est. Gross Annual Revenue
$97K – $170K
typically ~$133,385
Avg Nightly Rate
$812
Projected Occupancy
45.0%
Cap Rate
2.3%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (68 comparable 5-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
2,599 sq ft covered of 2,135 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,674 sq ft
Allowed Coverage
2,135 sq ft · 20%
Existing Coverage
2,599 sq ft · 24%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 4
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% ($459,800)
Home price
$2,299,000
Loan details
30-yr fixed, 6.5%
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