$1,200,000 Active
971 Fairway #1
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Incline Villas HOA does not allow short-term rentals.
3 Beds
·
3.0 Baths
·
1,584 Sq Ft

About This Property

Live at Lake Tahoe's Championship Golf Course! This unique and small complex offers quiet, luxurious living with a private pool. This is a two-story, front-end unit that offers 3 bedrooms, 3 full baths to accommodate all your friends and family. The upstairs level has an open concept kitchen, living and dining area with a slider to the upstairs deck, light and bright with fireplace. There is one bedroom with a full bath and laundry on this for one level living. The entry level has the primary with a grand fireplace, slider to a private deck, tons of closet space and a large bathroom with double sinks. Also on this level is an additional bedroom with a walk-in closet and full bathroom. This complex is situated next to the Championship Golf Course “Chateau” which is known for its restaurant, golf clubhouse, private event facilities, driving range and much more.

Listed by Sandra Haupt — Elite Properties

Listing Details

Status Active
MLS # 1018786
Days on Market 5
Price/Sq Ft $758

Property History

Apr 22, 2026
Listed for sale
$1,200,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,584
Stories 2
Year Built 1971
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 131-270-01
Parking
Parking Features Assigned,No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Golf Course,Mountain(s),Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,113
HOA Fee $900 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Pool
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 971 Fairway #1, Incline Village

Est. Annual Revenue
$44,202
Avg Nightly Rate
$394
Projected Occupancy
31.9%
Cap Rate
1.5%
Structural Score: 47 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($240,000)
Home price
$1,200,000
Loan details
30-yr fixed, 6.5%
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