$495,000 $539,000 ↓ $44,000 reduced Pending
825 Southwood Boulevard #6
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Southwood Pines HOA does not allow short-term rentals.
3 Beds
·
2.0 Baths
·
1,136 Sq Ft

About This Property

Front row unit with assigned parking, easy access in the winter months, 3 bedrooms, 2 baths, vaulted ceiling, large master, walk to grocery store, post office, movie theater, beaches, restaurants, complete Incline Village Privileges which includes two golf courses, three beaches, recreation center, swimming pools, Diamond Peak Ski Area, Tennis and Pickle ball Courts, and much more.

Listed by Lonny Parsons — Coldwell Banker Select

Listing Details

Status Pending
MLS # 1019077
Days on Market 52
Price/Sq Ft $436

Property History

Jul 23, 2026
Listed for sale
$539,000
Sep 03, 2026
Price reduced
$495,000 $539,000 ↓ $44,000
Sep 06, 2026
Pending
$495,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $300,000 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 3
Baths 2.0
Sq. Ft. 1,136
Stories 2
Year Built 1965
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-110-06
Parking
Parking Features No Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $2,855
HOA Fee $775 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Standard
47
PROJECTED GROSS ANNUAL REVENUE
$20K – $45K typically ~$35,000
~$2,917 per month
Avg Nightly
$213
Occupancy
45%
Cap Rate
2.8%

STR Investment Summary — 825 Southwood Boulevard #6, Incline Village

No revenue projection. This HOA does not allow short-term rentals.
Est. Gross Annual Revenue
$20K – $45K
typically ~$35,000
Avg Nightly Rate
$213
Projected Occupancy
45.0%
Cap Rate
2.8%
Structural Score: 47 / 100 (Standard) · STR Zone: Red

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
679 sq ft covered of 204 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
679 sq ft
Allowed Coverage
204 sq ft · 30%
Existing Coverage
679 sq ft · 100%
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% ($99,000)
Home price
$495,000
Loan details
30-yr fixed, 6.5%
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