$15,900,000 Closed
260 Northlake Circle
Crystal Bay, NV 89402
SOLD 2026-06-08
Sold for $13,800,000 (listed at $15,900,000)
5 Beds
·
4.5 Baths
·
4,218 Sq Ft

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About This Property

AVAILABLE TO SHOW AND TAKING BACK UP OFFERS Located in a private gated community in Crystal Bay, NV, Boulder Shores is the quintessential expression of classic Tahoe style, surrounded by towering pines and rugged granite boulders. Sheltered on a quiet cul-de-sac, Boulder Shores offers a rare sense of privacy. Situated on a .571ac lot, this property provides the ultimate in tranquility and exclusivity. The 5-bed, 4.5-bath lakefront retreat is designed to accommodate both relaxing private moments and lavish entertaining. The open floor plan is accentuated by natural light streaming through its large windows, revealing panoramic views of sparkling waters and vast mountains. Relaxing on the home’s two decks or exploring the expansive outdoor space, you will revel in the serenity of nature. The community deck, dock and pier offer easy access to the lake along with 2 private buoys! Purchase includes adjacent lot which adds privacy!

Listed by Ryan Mitchell — Compass

Listing Details

Status Closed
MLS # 1018737
Sold Date 2026-06-08
Sold Price $13,800,000
Price/Sq Ft $3,770

Property History

Mar 20, 2026
Listed for sale
$15,900,000
Current
Sold
$13,800,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,218
Lot Size 0.57 acres
Stories 2
Year Built 1980
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 123-161-06
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dock
Lot Features Lake Front
View Lake,Panoramic
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $44,451
HOA Fee $2,500 / Quarterly
HOA / Community NLPOA
HOA & Community
Community Amenities Pier

STR Investment Summary — 260 Northlake Circle, Crystal Bay

Est. Gross Annual Revenue
$50K – $75K
typically ~$60,000
Avg Nightly Rate
$514
Projected Occupancy
32.0%
Cap Rate
0.2%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Crystal Bay market data (150 comparable 3-bedroom rentals, 2026-08); seasonality from comparable Tahoe rentals. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Estimates vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,560 sq ft covered of 247 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
24,747 sq ft
Allowed Coverage
247 sq ft · 1%
Existing Coverage
3,560 sq ft · 14%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1b
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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