$1,650,000
120 Country Club Drive #20
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Village at Incline HOA allows short-term rentals.
2 Beds
·
2.5 Baths
·
2,088 Sq Ft
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About This Property

Premier mixed-use investment opportunity directly across from the renowned Hyatt Regency Lake Tahoe Resort, Spa, and Casino in the heart of Incline Village’s main commercial corridor. This high-visibility condominium offers a rare opportunity for investors or owner-users. The fully remodeled lower-level commercial suite features stacked-stone accent walls, exposed beam ceilings, designer recessed lighting, updated electrical, and rich hardwood plank flooring—ideal for office, boutique retail, or income use. Upstairs, the renovated residential unit showcases soaring open-beam ceilings, hardwood flooring, custom tile, granite vanity tops, upgraded fixtures, and a gas log fireplace with stone surround. The kitchen includes granite counters, quality cabinetry, and quality appliances. Additional bath and in-unit laundry add comfort and rental appeal. Steps to dining, retail, Lakeshore Boulevard, and Lake Tahoe with flexible zoning for owner occupancy or dual-income potential.

Listed by John Leles — Dickson Realty

Listing Details

Status Active
MLS # 1018675
Days on Market 22
Price/Sq Ft $790

Property History

Feb 14, 2026
Listed for sale
$1,650,000
Property Overview
Beds 2
Baths 2.5
Sq. Ft. 2,088
Stories 3
Year Built 1974
Property Type Condominium
Style Contemporary
APN 130-180-20
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Acreage,Level
View Trees/Woods
Construction Frame
Roof Flat,Tar/Gravel
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,726
HOA Fee $930 / Monthly
HOA / Community Incline Property MGMT
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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% ($330,000)
Home price
$1,650,000
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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