$749,000
700 College Drive #15
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Mount Rose Chalets HOA allows short-term rentals.
3 Beds
·
2.0 Baths
·
1,120 Sq Ft
·
43 Lot
Virtual Tour

About This Property

Fantastic opportunity to own a delightful 3 bedroom, 2 bathroom mountain cabin that blends rustic charm with modern comfort for the ideal Lake Tahoe retreat! The entry level features an open floor plan and wood-beamed ceilings adding to the mountain ambiance; kitchen with updated cabinetry, countertops and appliances; dining area; and living room with convenient access to the outside. A bedroom, full bath, and utility closet with stack washer/dryer complete this level. Upstairs, you’ll find the primary bedroom/bath, and a generous guest bedroom. Recently installed front decking adds fresh appeal to this charming getaway, which has one of the best locations in Mt. Rose Chalets with parking just steps away. Easy access to Mt. Rose Highway and a short distance to all the community amenities: private beaches, 2 golf courses, recreation center, ski resort, restaurants, and shopping. This property is the perfect vacation home, rental unit, or family residence. Welcome home to Tahoe!

Listed by Alvin Steinberg — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018468
Days on Market 86
Price/Sq Ft $669

Property History

Sep 19, 2025
Listed for sale
$749,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,120
Lot Size 0.00 acres
Stories 2
Year Built 1977
Property Type Residential
APN 129-252-11
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Gas,Wall Furnace
Financial
Annual Tax $3,233
HOA Fee $369 / Monthly
HOA / Community Opus 1
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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% ($149,800)
Home price
$749,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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