$1,775,000 $1,850,000 ↓ $75,000 reduced Active
1008 Galaxy Way
Incline Village, NV 89451

Get homes like this by email

When a home like this lists in Incline Village at a similar price and size, we email you the same day. No account needed.

✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,428 Sq Ft
Virtual Tour

Our data on this home

About This Property

Set among the trees near a year-round creek, this inviting 4-bedroom, 2.5-bath single-family home offers a blend of mountain charm & everyday functionality. The main level features new flooring throughout the kitchen, dining, & living areas. The updated kitchen showcases newer appliances & a tasteful backsplash, while expansive windows fill the home with natural light & frame the surrounding greenery. Step outside to an expansive deck overlooking the creek & Forest Service land, with a level yard area ideal for outdoor living, entertaining, or relaxing. The fourth bedroom offers flexibility as a bedroom, office, or additional living space. A 2-car garage provides ample storage for Tahoe gear & daily needs, with easy access to town for everyday convenience. A great family home or investment opportunity. Enjoy all that Incline Village has to offer, including private beaches, Diamond Peak Ski Resort, golf, tennis & pickleball, hiking & mountain biking trails, & year-round recreation.

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019094
Days on Market 93
Price/Sq Ft $731

Property History

Aug 04, 2026
Listed for sale
$1,850,000
Aug 31, 2026
Price reduced
$1,825,000 $1,850,000 ↓ $25,000
Sep 22, 2026
Price reduced
$1,775,000 $1,825,000 ↓ $50,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $849,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 2.5
Sq. Ft. 2,428
Lot Size 0.20 acres
Stories 2
Year Built 1976
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-431-02
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Open Lot,Stream/Creek,Wooded
View Mountain(s),Creek/Stream,Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $6,265
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$50K – $95K typically ~$75,000
~$6,250 per month
Avg Nightly
$457
Occupancy
45%
Cap Rate
1.7%

STR Investment Summary — 1008 Galaxy Way, Incline Village

Est. Gross Annual Revenue
$50K – $95K
typically ~$75,000
Avg Nightly Rate
$457
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 69 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (260 comparable 4-bedroom rentals, 2026-11); 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

Above base allowance
Parcel Size
9,164 sq ft
Allowed Coverage · verified classes
92–1,833 sq ft
Existing Coverage · est.
3,104 sq ft · 34%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 4
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

Home Insurance Estimate

Standard homeowners policy for this home

$3,500 – $5,100/yr
about $358/mo
Est. Rebuild Cost (Coverage A)
$1,019,760

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$9,855 per month
Principal & interest
$8,975/mo
Property taxes
$522/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$358/mo
Estimated ~$3,500–$5,100/yr — get a local broker quote for accuracy.
Down payment
20% ($355,000)
Home price
$1,775,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message