Question 1

Can I run a short-term rental at Coeur Du Lac in Incline Village?

Accepted Answer

Yes — Coeur Du Lac is one of the confirmed STR-permitted complexes in Incline Village. The source documentation explicitly states that "short-term rentals are allowed by HOA; subject to Washoe County STR permitting standards." The TA_IVR (Tourist Area / Incline Village Residential Overlay) zoning designation is one of the most STR-favorable zoning categories in Incline Village — it was specifically designed to accommodate tourist and vacation rental use. The high secondary/vacation rental occupancy mix confirms this is an active STR community. However, HOA permission is only one layer: you must also obtain and maintain a valid Washoe County STR permit. Verify current permit availability at 136 Juanita Dr with IPM at (866) 744-1230 before closing and before underwriting STR income projections. Confirm the specific HOA rental rules, any owner-presence requirements, and the current county permit cap status for this address.

Question 2

What makes Coeur Du Lac stand out among Incline Village condo complexes?

Accepted Answer

Coeur Du Lac has three defining differentiators in the Incline Village condo market. First, beach proximity: at 0.3 miles from Ski/Incline Beach, Coeur Du Lac is among the closest condo complexes to IVGID beach access in Incline Village — owners can walk to the beach. Second, STR-permitted status with TA_IVR zoning: the Tourist Area overlay zoning combined with confirmed HOA STR permission makes Coeur Du Lac one of the most investment-viable condo addresses in Incline Village. Third, on-site amenity package: a heated outdoor pool, hot tub/spa, indoor sauna, clubhouse, and fitness center in a single complex is one of the strongest on-site amenity combinations among STR-permitted complexes — a meaningful differentiator for vacation rental operators who can market these amenities to guests. The HOA at $795/month flat also includes cable TV and internet — unusual inclusions that reduce owner overhead for rental operations. The tradeoffs: no covered garages (surface parking only), a 1974–1979 vintage with flat/low-pitch roofs that require careful reserve review, and Diamond Peak at 2.4 miles requires a drive.

Question 3

What should I know about Coeur Du Lac's HOA before making an offer?

Accepted Answer

Coeur Du Lac's HOA runs a flat $795/month, managed by Incline Property Management (IPM) at (866) 744-1230. The HOA covers exterior/structure maintenance, common area maintenance, snow removal, grounds maintenance, water, sewer, trash, insurance, cable TV, internet, and parking facilities. The cable TV and internet inclusion is unusual in the Incline Village condo market and reduces owner overhead for vacation rental operations. At $795/month flat, the HOA is on the higher end for Incline Village — but the comprehensive inclusions make the effective cost competitive. The 1974–1979 vintage is the key due-diligence flag: flat/low-pitch composition roofs require more frequent inspection and maintenance than pitched roofs, and building envelope components are approaching or past typical replacement cycles. Before closing, request the reserve study, last two years of board minutes, and current insurance declarations. Confirm reserve adequacy for roof capital items specifically, and verify current wildfire insurance policy and premium with IPM.

Question 4

What unit types and floor plans are available at Coeur Du Lac?

Accepted Answer

Coeur Du Lac offers three floor plan tiers across 60 units. The 1BD/1–1.5BA at 753 sq ft is the compact entry-level option — open living area, gas log fireplace, private deck/patio overlooking the greenbelt. The 3BD/2BA at 1,200 sq ft is the mid-tier layout — open living area, gas log fireplace, private deck/patio, available in single-story or multi-story loft-style configurations. The 4BD/2BA at 1,506 sq ft is the largest floor plan and the strongest STR configuration — larger groups command higher nightly rates, and the 1,506 sq ft layout accommodates more guests. All units feature private decks/patios overlooking lush greenbelts and mature pine groves. The $580K–$1.145M price range reflects variation across all three tiers, interior remodel level, greenbelt vs. view orientation, and unit position. Verify floor plan tier and specific unit configuration before making an offer.

Question 5

What type of buyer is Coeur Du Lac best suited for in today's Incline Village market?

Accepted Answer

Coeur Du Lac fits two buyer profiles exceptionally well. STR investors: the confirmed STR-permitted status, TA_IVR Tourist Area zoning, 0.3-mile walk to Ski/Incline Beach, on-site heated pool/spa/sauna/clubhouse/fitness amenity package, HOA-included cable TV and internet, and high vacation rental occupancy mix make Coeur Du Lac one of the most complete STR investment positions in the Incline Village condo market. The 4BD/2BA at 1,506 sq ft is particularly strong for STR — larger groups, higher nightly rates, and the amenity package supports premium pricing. Beach-priority vacation-home buyers: the 0.3-mile walk to Ski/Incline Beach and 0.4-mile walk to the Rec Center are among the best beach-proximity metrics in the Incline Village condo market. Where Coeur Du Lac requires extra diligence: the 1974–1979 vintage with flat/low-pitch roofs demands thorough reserve review; no covered garages; Diamond Peak at 2.4 miles requires a drive (not ideal for ski-primary buyers); and Washoe County STR permit availability must be verified before closing.

Coeur Du Lac

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