$1,590,000 Active Under Contract
725 Fairview Boulevard #26
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush l HOA allows short-term rentals.
5 Beds
·
3.0 Baths
·
2,836 Sq Ft
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About This Property

Beautifully updated 5BR/3BA/2,836sf home on the eastern slope, fully furnished and move-in ready. South-facing rooms fill the home with natural light. Vaulted ceilings, gas fireplace, new stainless appliances, and granite counters anchor the open-concept main level. A large deck off the living room is perfect for summer barbecues, with filtered lake views from the primary suite. Separate living spaces on each level give everyone room to spread out. The primary sits privately on one side, with two bedrooms sharing a bath on the other. Downstairs offers two additional bedrooms, full bath, laundry, dry sauna, and game room with pool table, game area, TV setup, bar with rough-in, and patio access. Updates include remodeled kitchen, updated bathrooms, hardwood floors upstairs, LVP floors downstairs, fresh paint, and tankless water heater. Close to everything that makes Incline special: Diamond Peak, three private beaches, two golf courses, tennis & pickleball courts, and Rec Center.

Listed by Kaitlyn McCabe — Sierra Sotheby's International

Listing Details

Status Active Under Contract
MLS # 1019073
Days on Market 52
Price/Sq Ft $561

Property History

Jul 23, 2026
Listed for sale
$1,590,000
Aug 25, 2026
Pending
$1,590,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 1992 · county record $108,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 3.0
Sq. Ft. 2,836
Lot Size 0.00 acres
Year Built 1974
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 126-302-12
Parking
Parking Features Assigned,No Garage,Outside
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Metal,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $4,390
HOA Fee $750 / Monthly
HOA / Community Western NV Management
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$60K – $110K typically ~$85,000
~$7,083 per month
Avg Nightly
$629
Occupancy
37%
Cap Rate
2.2%

STR Investment Summary — 725 Fairview Boulevard #26, Incline Village

Est. Gross Annual Revenue
$60K – $110K
typically ~$85,000
Avg Nightly Rate
$629
Projected Occupancy
37.0%
Cap Rate
2.2%
Structural Score: 62 / 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
1,072 sq ft covered of 13 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,331 sq ft
Allowed Coverage
13 sq ft · 1%
Existing Coverage
1,072 sq ft · 81%
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% ($318,000)
Home price
$1,590,000
Loan details
30-yr fixed, 6.5%
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