$998,000
807 Alder #38
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but All Seasons HOA does not allow short-term rentals.
3 Beds
·
3.0 Baths
·
1,243 Sq Ft

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.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 1018036
Days on Market 297
Price/Sq Ft $803

Property History

Apr 06, 2025
Listed for sale
$998,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,243
Stories 2
Year Built 1978
Property Type Condominium
APN 132-053-11
Parking
Parking Features No Garage,Open,Outside,Permit Required
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Landscaping
Lot Features Backs to Greenbelt/Park,Wooded,Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Baseboard,Electric,Wall Furnace
Financial
Annual Tax $1,795
HOA Fee $931 / Monthly
HOA / Community Associate Sierra North
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($199,600)
Home price
$998,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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