About This Property
Walking distance to Ski Beach and Incline Beach, two blocks from Lakeshore Boulevard, location doesn't get better than this in Lake Tahoe. The property is remarkably versatile, it is single level living. Live in it full time, use it as a vacation home, Airbnb it as a turnkey rental, or build new. The lot has 3,555 SF of allowable coverage with architectural plans on file. The 1,152 SF single-level home features over $100,000 in upgrades, three bedrooms, two baths including a primary ensuite, private backyard with a deck, and a hot tub. Move-in ready. Rental-ready. Nothing to do but enjoy it. Incline Village residents enjoy access to three resident only beaches, two golf courses, Diamond Peak Ski Resort, tennis and pickle ball center, and a recreation center. Forty minutes to Reno-Tahoe Airport. Approximately 3 1/2 hours from the Bay Area.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2022 · county record | $2,000,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1064 Mill Creek Road, Incline Village
Nightly rates and occupancy from Incline Village market data (190 comparable 3-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
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
