$798,000 $810,000 ↓ $12,000 reduced Active
866 Northwood Boulevard #28
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,716 Sq Ft

About This Property

Tucked into the peaceful back row of Northwood Estates, this low-maintenance condo offers comfort, privacy, and an ideal Incline Village “come and go” lifestyle, allowing you more time to enjoy Lake Tahoe! Featuring 3 bedrooms, 2.5 bathrooms, and 1,716 square feet, the home has been lightly used as the owners’ personal vacation retreat just a few weeks per year. Inside, you’ll find fresh interior paint, upgraded flooring, and updated lighting fixtures. Enjoy the fresh mountain air from your private paver patio, perfect for relaxing or entertaining, and the welcoming front porch where you can take in the charming surroundings. A covered carport allows for off-street parking and easy access to the unit. Ideally located in the heart of Incline Village, this low-elevation home includes full IVGID privileges with access to Incline Beach, Ski Beach, Hermit Beach and Burnt Cedar Beach and pool area and reduced rates for golf, skiing, tennis, pickleball, and event rentals at venues .

Listed by Stacey Berger — RE/MAX Gold

Listing Details

Status Active
MLS # 1018842
Days on Market 135
Price/Sq Ft $465

Property History

May 01, 2026
Listed for sale
$810,000
Aug 15, 2026
Price reduced
$798,000 $810,000 ↓ $12,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,716
Stories 2
Year Built 1968
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 124-340-28
Parking
Parking Features Covered,Carport,No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Fence,Patio,Private Yard,Rain Gutters
Lot Features Level
View Trees/Woods
Construction Shingle Siding,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,283
HOA Fee $695 / Monthly
HOA / Community Swiss Time Property Mgt
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
59
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
2.0%

STR Investment Summary — 866 Northwood Boulevard #28, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 59 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
1,078 sq ft covered of 324 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,078 sq ft
Allowed Coverage
324 sq ft · 30%
Existing Coverage
1,078 sq ft · 100%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
6
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% ($159,600)
Home price
$798,000
Loan details
30-yr fixed, 6.5%
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