$47,500,000 Active
1011 Lakeshore Blvd
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. 1000 Lakeshore BL. HOA allows short-term rentals.
6 Beds
·
5.5 Baths
·
4,530 Sq Ft
Virtual Tour

About This Property

Situated along the prestigious Lakeshore Boulevard, Sandy Shores welcomes you with well-manicured grounds and towering pines behind a decorative wrought-iron front gate. Set on approximately 1.85 acres, the residence is thoughtfully positioned well back from the road, offering privacy and tranquility. With a sandy beach, on 106 feet of Nevada lake frontage, this property embodies picturesque lakefront living. With coveted southern exposure, sunlight pours through the expansive windows throughout most of the day, seamlessly bringing the outside in. The home features a spacious family room and living room, formal dining area, and a casual breakfast nook. Six well-appointed bedrooms provide ample space for multigenerational living, guests, and large gatherings. The upstairs primary suite offers a spacious sitting area, while the entry-level king suite opens directly to the patio. This home features a lush lawn, hot tub, sauna, and a wood-burning fireplace, creating a year-round retreat.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 1018818
Price/Sq Ft $10,486

Property History

May 04, 2026
Listed for sale
$47,500,000
Property Overview
Beds 6
Baths 5.5
Sq. Ft. 4,530
Lot Size 1.85 acres
Year Built 1975
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-230-34
Parking
Garage Spaces 3
Parking Features Three Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence,Landscaping
Lot Features Level
View Lake,Panoramic
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $107,726
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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 — 1011 Lakeshore Blvd, Incline Village

Est. Annual Revenue
$980,640
Avg Nightly Rate
$9080
Projected Occupancy
29.5%
Cap Rate
0.8%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. 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% ($9,500,000)
Home price
$47,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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