About This Property
Beautifully remodeled 3-bed, 3-bath condo in a prime low-elevation Incline Village location. Stroll or bike to Lake Tahoe shoreline, shops, restaurants, and more. This end-unit features modern updates, including new doors, luxury vinyl flooring, modern kitchen cabinets, remodeled bathrooms, and a sleek fireplace. Enjoy high wood-beamed and two spacious decks: one off the living room and another off the primary suite. The functional layout offers two bedrooms and baths on the main level, with a private third bedroom and bath in the loft with a walk-in closet. Private storage lockers at both the top & bottom of the staircase and a washer/dryer add convenience. HOA allows short-term rentals with a Washoe County Permit. Residents enjoy access to private beaches, golf courses, Diamond Peak Ski Resort, and multiple other amenities. A perfect low-maintenance, move-in-ready getaway or investment property! Call to set up a private tour.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2024 · county record | $749,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 807 Alder Avenue #UNIT 38, Incline Village
Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
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
