$725,000
1117 Lucerne Way #-
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,236 Sq Ft
Virtual Tour

About This Property

Charming Tyrolean style condo offering the perfect blend of mountain charm and turnkey convenience. This beautifully maintained home features 2 ensuite bedrooms and a cozy loft. The central living area boasts stunning vaulted open beamed ceilings and a classic wood burning rock hearth fireplace, creating a true cabin ambiance. The open kitchen includes a breakfast bar and a new range/oven for a refreshed feel. Enjoy peek-a-boo views of Lake Tahoe from the living area and the lovely southwest facing deck. Updates include a newer heater and hot water heater. Offered furnished and ready for you to move in! Excellent Homeowner’s association amenities include a pool and tennis court, plus a spectacular clubhouse with panoramic lake views perfect for hosting events. Ideally located just down the street from Diamond Peak Ski Area and directly on the ski shuttle route. Plus, it's just a block away from the Big Water Grill for lake view fine dining!

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018717
Price/Sq Ft $587

Property History

Mar 20, 2026
Listed for sale
$725,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,236
Stories 3
Year Built 1979
Property Type Condominium
Style Mountain
APN 126-082-36
Parking
Parking Features No Garage,Open,Off Street,Outside
Attached Garage Yes
Exterior & Lot
Lot Features Backs to Greenbelt/Park,Sloped,Wooded
View Lake,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $3,782
HOA Fee $300 / Monthly
HOA / Community CRMG
HOA & Community
Community Amenities Clubhouse,Pool,Spa/Hot Tub,Tennis Court(s)
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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% ($145,000)
Home price
$725,000
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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