$499,990 Active
807 N Alder Avenue #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
700 Sq Ft

About This Property

Updated 1-bedroom, 1-bath home in Incline Village in the Lake Tahoe basin. This partially furnished home features an open living area with fireplace, large windows, and a private deck with a heater and outdoor lighting—ideal year-round use. The kitchen offers granite countertops and modern cabinetry, while the spacious bedroom provides flexibility for guests or a work-from-home setup. Clean, updated bath and extra storage for skis, beach gear, and owner use. Open floor plan plenty of natural light streaming through dual pane windows. The gas fireplace creates a warm and welcoming atmosphere perfect for relaxing after a long day. Quiet heated balcony is perfect for relaxing. The property also includes convenient on-site common laundry facilities fully landscaped courtyard with BBQs. Easy access to a walking path that connects to the private beaches, shops and restaurants.

Listed by Bradley Buxton — Compass

Listing Details

Status Active
MLS # 260005380
Days on Market 88
Price/Sq Ft $714

Property History

May 01, 2026
Listed for sale
$499,990

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2021 · county record $453,000 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. 700
Lot Size 0.02 acres
Stories 1
Year Built 1978
Property Type Condominium
Subdivision Woodstock 2
County Washoe
STR Jurisdiction Washoe County
APN 132-043-03
Parking
Total Parking 2
Parking Features Permit Required, Additional Parking, None
Exterior & Lot
Lot Features Common Area, Landscaped, Level
Construction Unknown
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Natural Gas, Wall Furnace
Financial
Annual Tax $2,625
HOA Fee $719 / Monthly
HOA / Community All Seasons
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Barbecue, Landscaping, Management, Parking, Storage
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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 — 807 N Alder Avenue #21, Incline Village

Est. Annual Revenue
$41,725
Avg Nightly Rate
$216
Projected Occupancy
52.8%
Cap Rate
3.3%
Structural Score: 57 / 100 (Premium) · STR Zone: Green

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
711 sq ft covered of 226 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
752 sq ft
Allowed Coverage
226 sq ft · 30%
Existing Coverage
711 sq ft · 95%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($99,998)
Home price
$499,990
Loan details
30-yr fixed, 6.5%
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