$750,000 Active
120 Village Boulevard #160
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village Estates HOA allows short-term rentals.
1 Beds
·
1.0 Baths
·
797 Sq Ft

About This Property

Location, Location, Location! This penthouse McCloud unit is in the last cluster closest to the Lake near the corner of Village and Lakeshore Boulevards. This one bedroom penthouse unit has a river rock fireplace in the living room, a nice sized primary bedroom, a conveniently located kitchen and a large main bathroom. There are 2 decks connected with multiple seating areas, one with direct pine tree views. The one car garage is connected to the building with a private staircase providing access to the garage.

Listed by Ned Stock — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019130
Days on Market 1
Price/Sq Ft $941

Property History

Aug 16, 2026
Listed for sale
$750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2013 · county record $288,000 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.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 797
Stories 1
Year Built 1994
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-076-15
Parking
Garage Spaces 1
Parking Features Detached,Front Entry,Garage,One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $4,541
HOA Fee $973 / Monthly
HOA / Community Incine Property Managemen
HOA & Community
Community Amenities Sauna,Spa/Hot Tub
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$28,313 ($20K – $33K range)
~$2,359 per month
Avg Nightly
$172
Occupancy
45%
Cap Rate
1.5%

STR Investment Summary — 120 Village Boulevard #160, Incline Village

Est. Gross Annual Revenue
$28,313
Avg Nightly Rate
$172
Projected Occupancy
45.0%
Cap Rate
1.5%
Structural Score: 58 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (25 comparable 1-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
750 sq ft covered of 230 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
766 sq ft
Allowed Coverage
230 sq ft · 30%
Existing Coverage
750 sq ft · 98%
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% ($150,000)
Home price
$750,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message