$16,900,000 Active
250 Northlake Circle
Crystal Bay, NV 89402
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
4.5 Baths
·
3,017 Sq Ft

About This Property

Nestled along the pristine shoreline of Lake Tahoe within a gated enclave of just eight residences, this exceptional Nevada lakefront home captures breathtaking panoramic lake views while offering the privacy and serenity that define North Shore living. Recently remodeled throughout, the residence features four bedrooms, four and a half bathrooms, a dedicated office, and a versatile loft. The kitchen has been fully redesigned with Thermador Masterpiece appliances. Soaring vaulted ceilings and walls of glass frame the lake, showcasing spectacular water views from nearly every room. Experience the ultimate lakefront lifestyle with a private lakeside sundeck, two deeded buoys, and access to a private community pier featuring watercraft hoists and storage. A striking water feature enhances the beautiful natural landscaped grounds. Just moments from the newly restored Cal Neva Resort, world-class skiing, championship golf, fine dining, and endless year-round recreation.

Listed by Susan Lowe — Chase International

Listing Details

Status Active
MLS # 1019079
Price/Sq Ft $5,602

Property History

Jul 30, 2026
Listed for sale
$16,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2012 · county record $3,490,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 5
Baths 4.5
Sq. Ft. 3,017
Lot Size 0.52 acres
Year Built 1975
Property Type Single Family Residence
Style Split Level
County Washoe
STR Jurisdiction Washoe County
APN 123-161-05
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Water Feature
Lot Features Lake Front
View Lake
Construction Shingle Siding,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $40,227
HOA Fee $2,500 / Quarterly
HOA / Community Incline Property Mngmt
HOA & Community
Community Amenities Controlled Access,Pier
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 250 Northlake Circle, Crystal Bay

Est. Annual Revenue
$640,107
Avg Nightly Rate
$5471
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Crystal Bay. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,975 sq ft covered of 223 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
22,281 sq ft
Allowed Coverage
223 sq ft · 1%
Existing Coverage
3,975 sq ft · 18%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($3,380,000)
Home price
$16,900,000
Loan details
30-yr fixed, 6.5%
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