Sold $10,300,000 $11,950,000 Closed
1042 Lakeshore Boulevard
Incline Village, NV 89451

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SOLD 2025-10-20
Sold for $10,300,000 (listed at $11,950,000)
6 Beds
·
6.5 Baths
·
6,902 Sq Ft
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Our data on this home

About This Property

A Legacy of Luxury on Iconic Lakeshore Boulevard. This Elise Fett-designed architectural gem sits on a .61-acre parcel in one of Lake Tahoe’s most prestigious settings. The 6-bed, 8-bath residence balances grand entertaining spaces with quiet retreats, offering a lifestyle defined by elegance, comfort & intention. The main level features a chef’s kitchen, walk-in pantry, living room, game room with wet bar, dining room with 300+ bottle wine cellar, den & guest suite. Upstairs, the primary suite is a serene haven with a spa-like bath & custom dressing room, plus four guest suites, a climbing wall playroom, snack bar & gym. Finishes include Hammerton lighting, Lutron system, four fireplaces, DuChâteau floors & beautiful stonework. Outside, enjoy a fire pit, bocce court & hot tub beneath the pines. With hydronic heating, two laundry rooms, EV charging & RV/boat parking, this is refined mountain living—just moments from Tahoe’s beaches, dining & recreation.

Listed by Mary Kleingartner — Compass

Listing Details

Status Closed
MLS # 1016946
Sold Date 2025-10-20
Sold Price $10,300,000
Price/Sq Ft $1,731

Property History

Feb 20, 2025
Listed for sale
$11,950,000
Current
Sold
$10,300,000
Property Overview
Beds 6
Baths 6.5
Sq. Ft. 6,902
Lot Size 0.61 acres
Stories 2
Year Built 2013
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-170-24
Parking
Garage Spaces 3
Parking Features Three Car Garage,Boat,Garage Door Opener,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Fence,Hot Tub/Spa,Sprinkler/Irrigation,Landscaping,Patio,Private Yard
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Financial
Annual Tax $45,685

STR Investment Summary — 1042 Lakeshore Boulevard, Incline Village

Est. Gross Annual Revenue
$110K – $155K
typically ~$135,000
Avg Nightly Rate
$1254
Projected Occupancy
29.5%
Cap Rate
0.5%
Structural Score: 64 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (70 comparable 5-bedroom rentals, 2026-10); 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

Room to build
7,230 sq ft covered of 7,964 sq ft allowed
734 sq ft of coverage still available to add.
Parcel Size
26,547 sq ft
Allowed Coverage
7,964 sq ft · 30%
Existing Coverage
7,230 sq ft · 27%
Addable Coverage
734 sq ft
IPES Score
913.0
Land Capability · TRPA-verified
IPES
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. 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

$12,900 – $19,000/yr
about $1,329/mo
Est. Rebuild Cost (Coverage A)
$3,796,100

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

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