$865,000 Active
400 Fairview Boulevard #111
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Bitterbrush ll HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
1,339 Sq Ft

About This Property

Rare corner end unit offering added privacy, abundant natural light, and a refreshing cross breeze. East-facing, with a deck featuring partial view of Lake Tahoe and a panoramic view of Diamond Peak. The interior features include, vaulted ceiling, a great room with stone fireplace, remodeled kitchen, two ensuite bedrooms, and an added half bath upstairs-an upgrade not typically found in the original floor plans. Private garage, carport, generous gear storage, and a 2024 furnace adding year-round convenience. The carport offers potential for conversion to an additional enclosed garage space, subject to applicable approvals. The property also offers short-term rental potential, providing added flexibility for a primary residence, Tahoe getaway, or investment property, subject to current permitting and STR regulations. Minutes from Incline's two Championship golf courses, recreation center, beaches, and pickleball courts. Enjoy all the convenient amenities Incline Village has to offer.

Listed by Mark Lemmon — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 1019163
Days on Market 11
Price/Sq Ft $646

Property History

Sep 02, 2026
Listed for sale
$865,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2012 · county record $370,000 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 2.5
Sq. Ft. 1,339
Stories 3
Year Built 1992
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 126-294-08
Parking
Garage Spaces 1
Parking Features Carport,One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Lake,Mountain(s),Ski Area
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $4,503
HOA Fee $970 / Monthly
HOA / Community Canopy
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$45K – $70K typically ~$55,000
~$4,583 per month
Avg Nightly
$335
Occupancy
45%
Cap Rate
2.6%

STR Investment Summary — 400 Fairview Boulevard #111, Incline Village

Est. Gross Annual Revenue
$45K – $70K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
2.6%
Structural Score: 69 / 100 (Premium) · 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
595 sq ft covered of 6 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
617 sq ft
Allowed Coverage
6 sq ft · 1%
Existing Coverage
595 sq ft · 96%
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% ($173,000)
Home price
$865,000
Loan details
30-yr fixed, 6.5%
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