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For sale
  • $3,550,000

    347 Cottonwood Ct, Incline Village, NV 89451

    --beds
    --baths
    4,872sqft
    : 
    Multi Family
    Built in 1973
    -- sqft lot
    $3,274,100 Zestimate®
    $729/sqft
    $-- HOA

    What's special

    Sleek designLuxury finishesFully equipped studiosPeek lake viewsIn-unit laundryLarge deckPrivate decks
    Turnkey Multi-Family Gem in Incline Village - Fully Remodeled; and five of the units are currently rented long term! Don't miss this rare 6-unit investment in a prime low-elevation location—no HOA, seller has one STR permit, but buyer will have to get their own. Potential for a 5.5% cap rate. Includes (1) spacious 2-bed/2.5-bath with luxury finishes, peek lake views, and large deck, (3) stylish 1-bed/1.5-baths with sleek design, peek lake views, and private decks, and (2) fully equipped studios. All units feature high-end finishes, in-unit laundry, and come mostly furnished with household items—truly turnkey. Rent short, mid, or long term for maximum flexibility. Bonus: 4-car garage offers added income potential or storage. Comes with 20 IVGID passes, granting access to Incline's private beaches, golf courses, and rec centers. Live-in or STR the two-bedroom unit, rent the other five, and let Tahoe elevate your lifestyle—and your portfolio!
    31 days
    on Zillow
    |
    393
    |
    26
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 23, 2025 at 12:37pm

    Listed by:

    John Eppolito DRE #01221678 775-832-8246,

    Coldwell Banker Select Real Es

    Source: TSMLS,MLS#: 20251054MLS Logo
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    Facts & features

    Interior

    Heating
    • CFAH, Natural Gas, Electric
    Interior area
    • Total interior livable area: 4,872 sqft

    Property

    Parking
    • Parking features: Black Top
    Features
    • Levels: Two
    • Stories: 2
    • Has view: Yes
    • View description: Peek
    • Has water view: Yes
    • Water view: Lake
    Lot
    • Size: 0.32 Acres
    • Features: STREET
    • Topography: Level,Upslope
    Details
    • Parcel number: 12492122
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: MOUNTAIN
    • Property subtype: Multi Family
    Materials
    • Frame
    • Roof: Composition
    Condition
    • New construction: No
    • Year built: 1973

    Utilities & green energy

    • Sewer: Utility District
    • Water: Utility District
    • Utilities for property: Natural Gas Available

    Community & HOA

    Community
    • Subdivision: SurroundingArea
    Location
    • Region: Incline Village

    Financial & listing details

    • Price per square foot: $729/sqft
    • Tax assessed value: $519,403
    • Annual tax amount: $7,680
    • Price range: $3.6M - $3.6M
    • Date on market: 5/23/2025
    • Listing agreement: EXCLUSIVE RIGHT
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