$1,100,000 Active
1032 Lucerne Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
1,759 Sq Ft
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About This Property

Soaring vaulted ceilings, bright skylights, and a Heat & Glo gas fireplace create a warm, inviting atmosphere in this sun-filled 4-bedroom, 3-bath Tyrolia retreat in the heart of Incline Village. Southwest exposure fills the open living and dining areas with natural light, seamlessly connecting to a spacious two-tiered deck ideal for entertaining. The updated kitchen features granite countertops and built-in pantry cabinetry. Upstairs, two beautifully renovated bathrooms with bubble glass and subway tile complement bedrooms that open to a private deck. A flexible split floor plan offers two spacious lower-level bedrooms, laundry area, and ample storage, while a functional mudroom is perfect for Tahoe gear. HOA includes water, sewer, trash, snow removal, access to a pool, hot tub, tennis courts, and Clubhaus. Enjoy IVGID amenities including three private beaches, Diamond Peak Ski Resort, and two championship golf courses. This isn't just a great home, it's a full Lake Tahoe lifestyle.

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Active
MLS # 1018840
Price/Sq Ft $625

Property History

May 02, 2026
Listed for sale
$1,100,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,759
Lot Size 0.04 acres
Year Built 1979
Property Type Single Family Residence
Style Mountain,Split Level
County Washoe
STR Jurisdiction Washoe County
APN 126-081-39
Parking
Parking Features No Garage,Off Street
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio,Tennis Court(s)
Lot Features Wooded,Level
View Mountain(s),Trees/Woods
Construction Stucco
Roof Composition,Pitched
Pool & Spa
Pool Heated,In Ground
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling 1 Unit
Financial
Annual Tax $2,164
HOA Fee $300 / Monthly
HOA / Community CRMG
HOA & Community
Community Amenities Clubhouse,Pool,Tennis Court(s)
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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 — 1032 Lucerne Way, Incline Village

Est. Annual Revenue
$51,321
Avg Nightly Rate
$486
Projected Occupancy
29.3%
Cap Rate
1.9%
Structural Score: 57 / 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% ($220,000)
Home price
$1,100,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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