$695,000 Closed
400 Wassou Road
Crystal Bay, NV 89402
SOLD 2025-12-26
Sold for $685,000 (listed at $695,000)
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It sold for $685,000 on 2025-12-26, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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About This Property

Breathtaking Panoramic Views of Lake Tahoe! Fantastic opportunity to build your own dream home with one of the few remaining buildable lots with lake views in the basin; offering close to 1/3 acre lot surrounded by US and State of Nevada forest land. A TRPA IPES score of 622 allows for close to 3000 sq ft of impervious coverage (footprint) on this site. Renderings show planned future development: 4 bedrooms (all en-suite), 4.5 bathrooms, 2 car garage and 4100+ sq ft of living space! Use completed architectural and structural plans or modify to your desired layout. Crystal Bay property owners have local privileges to access tons of IVGID recreational amenities, including: golf, tennis, skiing, bocce, pickleball, recreation center, and more! Plus Nevada residency provides amazing tax friendly savings! Welcome to your future Lake Tahoe dream home!

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1018576
Sold Date 2025-12-26
Sold Price $685,000

Property History

Nov 21, 2025
Listed for sale
$695,000
Current
Sold
$685,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2025 $685,000 Grant MeyerColdwell Banker Select Incline Grant MeyerColdwell Banker Select Incline

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.28 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-143-04
Exterior & Lot
View Lake,Panoramic
Financial
Annual Tax $2,336

STR Investment Summary — 400 Wassou Road, Crystal Bay

Est. Gross Annual Revenue
$45K – $85K
typically ~$65,000
Avg Nightly Rate
$396
Projected Occupancy
45.0%
Cap Rate
3.8%
Structural Score: 58 / 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.

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