REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 3,550,000
Est. payment /mo
New
347 Cottonwood Court Incline Village, CA 89451-8378
4,872 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type 4+ Units
Listing Status Active
Purchase Type For Sale
Square Footage 4,872 sqft
Price per Sqft $728
MLS Listing ID 20251054
Year Built 1973
Lot Size 0.321 Acres
Acres 0.321
Property Sub-Type 4+ Units
Property Description
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!
Location
State CA
County Incline Village
Area Incline Village-11N
Interior
Heating CFAH, Natural Gas, Electric
Exterior
Parking Features Black Top
View Lake, Peek
Roof Type Composition
Topography Level,Upslope
Building
Lot Description STREET
Story 2
Sewer Utility District
Water Utility District
Listed by John Eppolito • Coldwell Banker Select Real Es