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$2,340,000
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Property Description
CURRENTLY ACCEPTING BACK-UP OFFERS! RARE OPPORTUNITY in Lake Tahoe, the Heart of Incline Village, NV Fabulous Location walk to the coveted beaches, Hyatt, restaurants, shops, markets, recreation center, and beautiful hiking trails just 3 blocks from Lakeshore Blvd. 2 18 hole golf courses a few minutes away. Prime property built 1965, pre TRPA-grandfathered coverage. 6 Unit apartment building located on the Lake side of Tahoe Blvd consists of: 5 2bd. 1 bath apts and 1 large 3 bd. 2 bath apt. with 35' balcony. All units light & bright 14 car parking lot The building has been renovated including beautiful New kitchens, new bathrooms, new front doors, new flooring throughout, newer baseboard heaters and new metal roof with heated gutters. New sewer clean out, new water line, water meter, new windows/sliders 2/3 of the bldg. new retaining wall, new paver walkways & parking lot Common area laundry room with coin operate washer/dryer, electric water heater and storage lockers for each unit. Large yard w/covered sitting area, dry creek bed, landscape lighting in the over 12,400 sq.ft. lot. Huge upside of 300k plus annually if operated as short term rentals. One unit has been a corporate rental for the past 3 years. There is No rent control, No state of Nevada income taxes and No state inheritance taxes.
Full Property Details
Full Property Details for 866 Southwood Blvd
General
- Sold For: $2,340,000
- Taxes: $15,569
- Status: Closed
- Type: Commercial Multi-Family
- Source: 2502
- MLS ID: 250051579
- Added to Site: 151 day(s) ago
Business
- Name: CP Interior Designs
- Business Type: Other
Interior
- Flooring: Carpet, Laminate, Tile
Rooms
Other Rooms
- Laundry: Common Area, In Hall
Additional Information
- Security/Safety: Security Lights
Parking
- Total Spaces: 11
- Parking Features: Concrete, Lighted, On Site, Paved
Location
- County: Washoe
Heating & Cooling
- Heating Type: Baseboard, Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Internet Available, Phone Available, Sewer Connected, Water Connected
Structural Information
- # Buildings: 1
- Exterior Const.: Block, Frame, Stucco
- Basement: Yes
- Basement Desc.: Unfinished
- Roof: Composition, Flat, Metal
- Common Walls: 2+ Common Walls
- Windows: Double Pane Windows
- Stories/Levels: 2
- Building Size: 6074
- Sq. Ft. Source: Assessor
- Year Built: 1965
Additional Structures
- Other Structures: None
Lot Features
- Lot Size (Acres): 0.29
- Lot Size (Sq. Ft.): 12,398
- Frontage: Public
- Street/Road Desc.: Paved
- Road Maintenance: Public Maintained Road
- Lot Features: Gentle Sloping
- Zoning: Multifamily
- Fencing (Description): Partial, Fenced
Financial Considerations
- Price Per Sq. Ft.: $419.66
- Tax Amount: $15,569
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- APN: 132-222-08
Listed and Sold by Coldwell Banker Select Incline, Matthew Biscotti (775) 443-6088
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Schools
Schools serving 866 Southwood Blvd
School District:Washoe County School District
| Name | Grades | Distance |
|---|---|---|
Incline Elementary School 915 Northwood Boulevard, Incline Village, NV 89451 | K-5 | 0.5 mi |
Incline Middle School 931 Southwood Boulevard, Incline Village, NV 89451 | 6-8 | 0.4 mi |
Incline High School 499 Village Boulevard, Incline Village, NV 89451 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 866 Southwood Blvd
Date
Details
Price
Change
Source
4/16/2026
Sold
$2,340,000
-8.2%
MLS
1/07/2026
Price Reduced
$2,549,000
-1.2%
MLS
10/02/2025
Price Reduced
$2,579,900
-4.41%
MLS
9/18/2025
Price Reduced
$2,699,000
-9.88%
MLS
9/17/2025
Price Reduced
$2,995,000
-7.82%
MLS
6/16/2025
Listed
$3,249,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
866 Southwood Boulevard, Incline Village, NV 89451 (MLS# 250051579) is a Commercial Multi-Family property that was sold at $2,340,000 on April 16, 2026. Want to learn more about 866 Southwood Boulevard? Do you have questions about finding other Commercial Multi-Family real estate for sale in Incline Pines? You can browse all Incline Pines real estate or contact a Coldwell Banker agent to request more information.

