$1,500,000 Active
929 Northwood Boulevard #134
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Third Creek HOA allows short-term rentals.
3 Beds
·
2.5 Baths
·
1,846 Sq Ft

About This Property

Beautiful mountain retreat where Tahoe charm and natural beauty come together. Surrounded by serene forested open space and a year round creek, this condo offers a peaceful and private setting that captures the essence of Tahoe living. The spacious living room features high ceilings, hardwood floors, a warm gas fireplace, and large windows that fill the space with natural light while framing tranquil forest views. A private deck provides the perfect place to relax and enjoy the surroundings. The kitchen offers stainless steel appliances and flows easily into the dining area, creating a welcoming space for everyday living and entertaining. With 3 bedrooms, 2.5 bathrooms, and a comfortable layout, the home includes a spacious primary bedroom suite with walk-in closet and en-suite bath. Located in the beautiful Third Creek Townhome complex with pool, spa, tennis, pickleball, clubhouse, and easy access to beaches, golf, skiing, and dining.

Listed by Peg Augustus — Lakeshore Realty

Listing Details

Status Active
MLS # 260003223
Days on Market 44
Price/Sq Ft $813

Property History

May 15, 2026
Listed for sale
$1,500,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,846
Lot Size 0.02 acres
Stories 2
Year Built 1992
Property Type Condominium
Subdivision Third Creek
County Washoe
STR Jurisdiction Washoe County
APN 132-065-07
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Sloped Down, Wooded
View Trees/Woods
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Natural Gas
Financial
Annual Tax $5,108
HOA Fee $782 / Monthly
HOA / Community Third Creek
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Pool, Spa/Hot Tub, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 929 Northwood Boulevard #134, Incline Village

Est. Annual Revenue
$49,517
Avg Nightly Rate
$458
Projected Occupancy
30.7%
Cap Rate
1.3%
Structural Score: 58 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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% ($300,000)
Home price
$1,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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