$2,675,000 Active
1064 Mill Creek Road
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,152 Sq Ft

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 4,152 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.

Listed by Tracy Johnston — Compass

Listing Details

Status Active
MLS # 1018926
Price/Sq Ft $2,322

Property History

May 28, 2026
Listed for sale
$2,675,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,152
Lot Size 0.34 acres
Stories 1
Year Built 1978
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-203-11
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence
Lot Features Level
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $9,800
📊

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 — 1064 Mill Creek Road, Incline Village

Est. Annual Revenue
$61,250
Avg Nightly Rate
$491
Projected Occupancy
33.4%
Cap Rate
0.9%
Structural Score: 50 / 100 (Standard) · 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
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% ($535,000)
Home price
$2,675,000
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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