$950,000 Active
360 Wassou Road
Crystal Bay, NV 89402
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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About This Property

Skip years of design and permitting. This beautiful Crystal Bay lot with gorgeous views of Lake Tahoe has fully approved architectural plans by Tahoe Architect Elise Fett, stamped by Washoe County & TRPA. The design:a striking 3-story home with 2,798 sqft of living space, a primary suite plus two more bedrooms and two baths, a flex room doubling as a home theater, an office, gym, oversized laundry, elevator, two electric fireplaces, and a 486-square-foot attached garage. The .172-acre parcel delivers sweeping Lake Tahoe views, with partial IVGID recreation privileges granting access to a huge amenities package including golf, tennis, recreation center gym and pool and ski amenities and Nevada Tax Benefits. An official address and Residential Unit Use Permit are already secured;no further development rights required. One step remains before ground can break: securing additional TRPA coverage. Ask for details on coverage and requirements to build your Lake Tahoe home. Borders USA Lands.

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Active
MLS # 1019153
Days on Market 16

Property History

Aug 28, 2026
Listed for sale
$950,000
Property Overview
Lot Size 0.17 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-152-03
Exterior & Lot
Lot Features Backs to Greenbelt/Park,Wooded
View Lake,Mountain(s),Trees/Woods
Financial
Annual Tax $4,671
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$45K – $90K typically ~$65,000
~$5,417 per month
Avg Nightly
$339
Occupancy
53%
Cap Rate
2.7%

STR Investment Summary — 360 Wassou Road, Crystal Bay

Est. Gross Annual Revenue
$45K – $90K
typically ~$65,000
Avg Nightly Rate
$339
Projected Occupancy
52.6%
Cap Rate
2.7%
Structural Score: 55 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Crystal Bay. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

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% ($190,000)
Home price
$950,000
Loan details
30-yr fixed, 6.5%
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