$10,700,000
475 Tuscarora Road
Crystal Bay, NV 89402
✓ STR Allowed — Permit Required
Placer County STR permit required. County-wide cap of 3,900 permits — new permits available until cap is reached.
4 Beds
·
5.0 Baths
·
5,558 Sq Ft
Virtual Tour

About This Property

Architectural elegance & absolute privacy define this estate, perched atop 3.25 gated acres on a quiet cul-de-sac with iconic Lake Tahoe views. Expanded in 2014, this timeless modern home features a grand marble entry, Venetian plaster walls, 18-ft chandelier w/ 152 hand-blown lights, & radiant in-floor heating throughout. An elevator services both levels, which include four en-suite bedrooms (2 w/ steam showers), a chef’s kitchen w/ walk-in pantry & hidden appliance cabinet, & a secret wine cellar behind a library bookshelf. The living room opens to a lakeview deck via nano doors, while the garden room connects to a 30’ waterfall & pond. Entertain with a zinc bar, 2 artisan fireplaces & Savant smart home controls. Outside, discover 2 private gardens w/ original sculptures, a Burning Man neon installation, gas grill, firepit & dining terrace. Heated drive, walkways, 2-car garage, fenced dog run, back-up generator & negotiable furnishings. Includes lot for full IVGID privileges.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018621
Days on Market 74
Price/Sq Ft $1,925

Property History

Jan 05, 2026
Listed for sale
$10,700,000
Property Overview
Beds 4
Baths 5.0
Sq. Ft. 5,558
Lot Size 3.28 acres
Stories 2
Year Built 2007
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 123-122-06
Parking
Garage Spaces 2
Parking Features Attached,Door-Single,Garage,Two Car Garage,Off Street,Private,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Fence,Garden,Heated Driveway,Sprinkler/Irrigation,Landscaping,Patio,Private Yard,Water Feature
Lot Features Cul-De-Sac,Irregular Lot,Sloped,Wooded
View Lake,Mountain(s),Panoramic,Ski Area,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $43,739
📊

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 — 475 Tuscarora Road, Crystal Bay

Est. Annual Revenue
$422,370
Avg Nightly Rate
$3610
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 77 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for Crystal Bay. 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($2,140,000)
Home price
$10,700,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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