$1,995,000 $2,049,000 ↓ $54,000 reduced Active
1064 Lucerne Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. The listing description states short-term rentals are allowed.
4 Beds
·
3.0 Baths
·
2,538 Sq Ft
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About This Property

Light, bright, & beautifully maintained, this 4-bed, 3-bath single-family home in the Tyrolia community offers the perfect blend of mountain comfort & year-round recreation. Soaring ceilings & expansive windows fill the home with natural light, while new white oak flooring adds timeless style. The spacious floor plan provides comfortable living for family & guests, & the rare 4-car tandem garage offers exceptional storage for vehicles & all your Tahoe gear. Step outside to a spacious deck overlooking the surrounding forest, the perfect place to relax, entertain, or enjoy the peaceful mountain setting. Tyrolia residents enjoy access to community tennis & pickleball courts, an in-ground pool, & spa, with short-term rentals allowed for added investment potential. Ideally located near Diamond Peak Ski Resort, residents also enjoy private beaches, golf courses, recreation center, & miles of scenic hiking & biking trails. A wonderful opportunity to enjoy the Tahoe lifestyle year-round.

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019047
Days on Market 45
Price/Sq Ft $786

Property History

Jul 11, 2026
Listed for sale
$2,049,000
Aug 19, 2026
Price reduced
$1,995,000 $2,049,000 ↓ $54,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $1,146,500 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.

Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,538
Lot Size 0.04 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 126-081-28
Parking
Garage Spaces 4
Parking Features Four Car Garage,Four or more Spaces,Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Wooded,Level
View Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $6,707
HOA Fee $300 / Monthly
HOA / Community CRMG
HOA & Community
Community Amenities Clubhouse,Controlled Access,Pool,Spa/Hot Tub,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 Premium
70
PROJECTED GROSS ANNUAL REVENUE
$68K – $107K typically ~$87,533
~$7,294 per month
Avg Nightly
$533
Occupancy
45%
Cap Rate
1.8%

STR Investment Summary — 1064 Lucerne Way, Incline Village

Est. Gross Annual Revenue
$68K – $107K
typically ~$87,533
Avg Nightly Rate
$533
Projected Occupancy
45.0%
Cap Rate
1.8%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-bedroom rentals, 2026-08); 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

Over coverage limit
1,108 sq ft covered of 16 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,601 sq ft
Allowed Coverage
16 sq ft · 1%
Existing Coverage
1,108 sq ft · 69%
Addable Coverage
0 sq ft
IPES Score
724.0
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 ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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