Sold for $1,680,000

$1,680,000

386 Cottonwood Ct, Incline Village, NV 89451

4beds

4baths

2,496sqft

Multi Family

Built in 1978

-- sqft lot

$1,681,500 Zestimate^®

$673/sqft

$4,913 Estimated rent

Home value

$1,681,500

$1.53M - $1.85M

$4,913/mo

Zestimate^® history

Owner options

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$4,913/mo

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$4,913/mo

Rent Zestimate^®

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$9,552/mo

Est. payment

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$9,552/mo

Est. payment

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What's special

Unique blend of convenience & flexibility in this charming Incline Village duplex nestled at the quiet end of a cul-de-sac. Easy access to local amenities. Walk - bike to the library, Preston Field, Comm Hospital, shop at Village Shopping Centers. Spend afternoons by the lake at Burnt Cedar Beach. Each unit features an updated 2-bedroom,1.5-bath layout. Open 1st floor plan blends the kitchen, dining, and living areas. A cozy loft upstairs provides additional space for relaxation or a home office. Both units include a 1-car garage, private deck, two balconies, garden space, and fenced yard. The rear unit backs onto IVGID open space, while the front unit includes a spacious bonus room. Flexible Living Options. Live comfortably in one unit while welcoming family or friends in the other or rent one unit for extra income. You can also rent both units as an investment property or 1031 exchg. Enjoy full IVGID beach privileges and Nevada's tax benefits. This must-see property won't last long.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 4
Bathrooms: 4

Heating

Natural Gas, Forced Air, Gas

Features

Beamed Ceilings, Bookcases, Cathedral Ceiling(s), High Ceilings, Recessed Lighting, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Laminate

Interior area

Total interior livable area: 2,496 sqft

Property

Parking

Parking features: Garage Door Opener
Has garage: Yes

Features

Stories: 2
Exterior features: Fence, Storage
Has view: Yes
View description: Trees/Woods

Lot

Size: 9,016 Square Feet
Features: Cul-De-Sac, Backs to Greenbelt/Park, Level
Topography: Level

Details

Additional structures: Storage
Parcel number: 12492119

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family

Materials

Frame
Roof: Composition,Pitched

Condition

Updated/Remodeled
Year built: 1978

Community & HOA

Community

Features: Sidewalks

Location

Region: Incline Village

Financial & listing details

Price per square foot: $673/sqft
Tax assessed value: $462,587
Annual tax amount: $4,789
Date on market: 7/3/2024
Cumulative days on market: 246 days
Listing agreement: Exclusive Right With Exception
Listing terms: Cash,Conventional

Price history

Date	Event	Price
3/6/2025	Sold	$1,680,000-4%$673/sqft
Source: INCMLS #1015561 Report a problem
2/24/2025	Pending sale	$1,750,000$701/sqft
Source: INCMLS #1015561 Report a problem
1/13/2025	Contingent	$1,750,000$701/sqft
Source: INCMLS #1015561 Report a problem
10/17/2024	Listed for sale	$1,750,000$701/sqft
Source: INCMLS #1015561 Report a problem
9/16/2024	Pending sale	$1,750,000$701/sqft
Source: NNRMLS #240009267 Report a problem
9/15/2024	Contingent	$1,750,000$701/sqft
Source: INCMLS #1015561 Report a problem
8/1/2024	Price change	$1,750,000-2.5%$701/sqft
Source: INCMLS #1015561 Report a problem
7/3/2024	Listed for sale	$1,795,000+15.8%$719/sqft
Source: INCMLS #1015561 Report a problem
8/20/2021	Sold	$1,550,000-1.6%$621/sqft
Source: INCMLS #1009774 Report a problem
8/7/2021	Contingent	$1,575,000$631/sqft
Source: INCMLS #1009774 Report a problem
8/1/2021	Listed for sale	$1,575,000+186.4%$631/sqft
Source: INCMLS #1009774 Report a problem
9/30/2015	Sold	$550,000-8.2%$220/sqft
Source: Public Record Report a problem
2/27/2015	Listing removed	$599,000$240/sqft
Source: Coldwell Banker Select Real Estate #140005714 Report a problem
10/5/2014	Price change	$599,000-5.7%$240/sqft
Source: Coldwell Banker Select Real Estate #941848 Report a problem
5/1/2014	Listed for sale	$635,000+95.4%$254/sqft
Source: Coldwell Banker Incline Village Realty #140005714 Report a problem
3/31/2000	Sold	$325,000$130/sqft
Source: Public Record Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$7,064 +44.3%	$161,905 +5.9%
2025	$4,894 +2.2%	$152,919 +7.9%
2024	$4,789 -7%	$141,784 +3.5%
2023	$5,151 +5.4%	$137,027 +21.7%
2022	$4,886 -2.5%	$112,631 +18%
2021	$5,011 +0.7%	$95,475 -0.6%
2020	$4,979 -0.6%	$96,018
2019	$5,011 +0.7%	$96,018 +0.6%
2018	$4,979 +7.1%	$95,491 -0.1%
2017	$4,651	$95,628 +8.9%
2016	$4,651	$87,847 +1.8%
2015	$4,651 +0.1%	$86,336 -1%
2014	$4,644 -0.4%	$87,198 +0.7%
2013	$4,664	$86,595 +0.4%
2012	--	$86,210 +2.5%
2011	--	$84,084 +12.6%
2004	--	$74,674 +18.8%
2003	--	$62,854