$998,000
123 Juanita Drive #5
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Forest Pines HOA allows short-term rentals.
2 Beds
·
2.0 Baths
·
1,168 Sq Ft
Virtual Tour

About This Property

This remodeled Forest Pines condominium offers the perfect blend of location, versatility, and charm, ideal for a Tahoe getaway or investors looking for strong rental potential. Tucked in a quiet yet convenient spot near the main entrance, clubhouse, and pool, this unit enjoys both privacy and accessibility. The home features generous storage, flexible sleeping arrangements, and a rare glass-enclosed front porch, perfect for year-round enjoyment. Upstairs, the spacious bedroom offers the possibility to be reconfigured into two bedrooms, providing additional value and versatility. Step outside and you’re just moments from Incline Village’s private resident amenities, including private beaches, the recreation center, tennis and pickleball courts, and the scenic Lakeshore Boulevard path that connects to the East Shore Trail, one of Tahoe’s most breathtaking walks leading to iconic Sand Harbor.

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Active
MLS # 1018490
Days on Market 80
Price/Sq Ft $854

Property History

Oct 01, 2025
Listed for sale
$998,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,168
Stories 2
Year Built 1971
Property Type Condominium
Style Mountain
APN 127-300-33
Parking
Parking Features No Garage,Off Street,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Landscaping
Lot Features Wooded,Level
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Pool & Spa
Pool Heated,In Ground
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $3,680
HOA Fee $650 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Clubhouse,Pool,Sauna,Spa/Hot Tub
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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%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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