$1,075,000 Active
120 Village Boulevard #153
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village Estates HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,089 Sq Ft
Virtual Tour

About This Property

One of the best locations in McCloud! This lower level two bedroom two bath condo is located one block from Incline beach. Open the french doors to the deck and enjoy the lovely, private south facing setting of the trees and open space. Impeccably maintained this unit is light and bright and beautifully appointed with newer appliances and engineered hardwood flooring. Close to the community spa & sauna along with a detached one car garage for added convenience. Centrally located near dining, shopping, golf, skiing and outdoor recreation. This beautiful turn key unit offers the best of Incline Village living and is a pleasure to show!

Listed by Kristi Thordarson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019001
Days on Market 8
Price/Sq Ft $987

Property History

Jul 08, 2026
Listed for sale
$1,075,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,089
Stories 1
Year Built 1994
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-075-16
Parking
Garage Spaces 1
Parking Features Detached,Garage,One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas
Financial
Annual Tax $5,285
HOA Fee $1,112 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Sauna,Spa/Hot Tub
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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 — 120 Village Boulevard #153, Incline Village

Est. Annual Revenue
$41,654
Avg Nightly Rate
$222
Projected Occupancy
51.5%
Cap Rate
1.5%
Structural Score: 71 / 100 (Premium) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
750 sq ft covered of 299 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
997 sq ft
Allowed Coverage
299 sq ft · 30%
Existing Coverage
750 sq ft · 75%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($215,000)
Home price
$1,075,000
Loan details
30-yr fixed, 6.5%
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