$3,400,000 Active Under Contract
1075 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
·
3.0 Baths
·
2,568 Sq Ft

About This Property

Beautifully remodeled mountain home in the Millcreek area. Situated on a low-elevation, level, landscaped lot, this property offers convenient access to IVGID beaches and the Hyatt. The updated kitchen features granite countertops, built-in oven, and microwave. The large living room features vaulted ceilings, gas fireplace, and expansive decks off the kitchen and living room for outdoor entertaining and relaxation. The lower-level family room opens to a large patio, firepit, and expansive grassy backyard, perfect for family fun and entertaining. A dedicated gym provides a private workout space. The home features 3 full bathrooms, one on each level, including a primary suite with marble flooring. An office with deck access creates an ideal work-from-home setting. Additional highlights include a paver driveway, finished garage with epoxy flooring, and large storage area beneath the kitchen deck. This exceptional property combines mountain charm, modern updates, and a prime location.

Listed by Devin Kegel — Dickson Realty - Caughlin

Listing Details

Status Active Under Contract
MLS # 260006985
Days on Market 46
Price/Sq Ft $1,324

Property History

Jun 02, 2026
Listed for sale
$3,400,000
Current
Pending
$3,400,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,568
Lot Size 0.35 acres
Stories 3
Year Built 1977
Property Type Single Family Residence
Subdivision Mill Creek Estates
County Washoe
STR Jurisdiction Washoe County
APN 130-202-25
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation None
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $8,394
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
📊

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 — 1075 Mill Creek Road, Incline Village

Est. Annual Revenue
$129,402
Avg Nightly Rate
$1106
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 72 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
1,880 sq ft covered of 4,561 sq ft allowed
2,680 sq ft of coverage still available to add.
Parcel Size
15,202 sq ft
Allowed Coverage
4,561 sq ft · 30%
Existing Coverage
1,880 sq ft · 12%
Addable Coverage
2,680 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($680,000)
Home price
$3,400,000
Loan details
30-yr fixed, 6.5%
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