$699,000 Active
811 Southwood Boulevard #23
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Brookstone HOA allows short-term rentals.
2 Beds
·
1.5 Baths
·
1,144 Sq Ft

About This Property

Located in the Brookstone development, this private, end-unit condo offers close parking and peaceful tree views over the Lakeview Subdivision. The entry level features two bedrooms, a full bath, and a laundry room. Upstairs boasts a great room design with stunning vaulted wood ceilings, a powder room, and a large south-facing deck. Both levels feature wood laminate flooring, with extra storage at the rear. Enjoy private access to resident-only beaches, shopping, restaurants, and world-class recreation. Living in Incline Village on Lake Tahoe's Nevada North Shore offers premier advantages, including no state income tax and a quick 40-minute drive to the Reno-Tahoe International Airport. Don't miss this rare opportunity to customize this unique property and embrace the relaxed Tahoe lifestyle.

Listed by Tracy Johnston — Compass

Listing Details

Status Active
MLS # 1019159
Days on Market 14
Price/Sq Ft $611

Property History

Aug 30, 2026
Listed for sale
$699,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · county record $625,000 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 2
Baths 1.5
Sq. Ft. 1,144
Stories 2
Year Built 1972
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 127-100-23
Parking
Parking Features Assigned,No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Storage
Lot Features Backs to Greenbelt/Park,Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $693
HOA Fee $520 / Monthly
HOA / Community Frushon Accounting
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
52
PROJECTED GROSS ANNUAL REVENUE
$20K – $40K typically ~$30,000
~$2,500 per month
Avg Nightly
$183
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 811 Southwood Boulevard #23, Incline Village

Est. Gross Annual Revenue
$20K – $40K
typically ~$30,000
Avg Nightly Rate
$183
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 52 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (133 comparable 2-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
560 sq ft covered of 172 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
572 sq ft
Allowed Coverage
172 sq ft · 30%
Existing Coverage
560 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% ($139,800)
Home price
$699,000
Loan details
30-yr fixed, 6.5%
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