$690,000
121 Juanita Drive #2-36
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
1 Beds
·
1.0 Baths
·
780 Sq Ft
·
435 Lot
Virtual Tour

About This Property

This lovely one-bedroom, one-bath condominium, located in the sought after Forest Pines Complex just one block from Lakeshore Blvd and the Lake Tahoe shores in Incline Village, offers all that beautiful Lake Tahoe has to offer. Fully furnished! New roof., Welcome to your ideal investment opportunity! This charming property is perfect for those looking to tap into the lucrative vacation rental market as a part-time Airbnb. Enjoy the benefits of supplemental income by capitalizing on peak travel seasons and ensuring your mortgage and maintenance costs are defrayed. With the flexibility of short-term rentals, you can easily use the space for personal enjoyment when it’s not hosting guests. The 2022, 2023 & 2024 Airbnb part time gross rental income was $145,442.00 for an annual average of $ 48,481.00. The owners maintain a Washoe County Short Term Rental Permit. This property offers a unique charm and the potential to create memorable experiences for travelers while showcasing the beauty of the Lake Tahoe area. Plus, with the help of platforms like Airbnb, managing bookings and communicating with guests has never been easier. Don’t miss out on this excellent chance to make this Lake Tahoe property work for you! Previously remodeled with vinyl wood-look & carpet floors and includes tasteful furnishings, this unit is both attractive and comfortable. Residents enjoy access to an array of amenities, including a sparkling outdoor pool, rejuvenating hot tub, inviting clubhouse, kayak racks, bike and boat storage for outdoor enthusiasts, EV charging station. Included is private beach & recreational access. Owner is a NV Real Estate Licensee-

Listed by Nanette Fink-Eaton — Real Estate in Nevada

Listing Details

Status Active
MLS # 240015304
Days on Market 451
Price/Sq Ft $885

Property History

Dec 14, 2024
Listed for sale
$690,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 780
Lot Size 0.01 acres
Stories 2
Year Built 1971
Property Type Condominium
Subdivision Forest Pines 2
APN 127-290-36
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Common Area, Landscaped, Level
View Trees/Woods
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1,928
HOA Fee $800 / Monthly
HOA / Community Forest Pines HOA
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Fitness Center, Golf Course, Landscaping, Pool, Sauna, Ski Accessible, Spa/Hot Tub, Tennis Court(s), Clubhouse/Recreation Room
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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% ($138,000)
Home price
$690,000
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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