$1,498,000
1088 Lucerne Way
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
·
1,783 Sq Ft
·
1598 Lot
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About This Property

Ideally located in the sought-after Tyrolia neighborhood near Diamond Peak, this 3-bedroom, 2-bath chalet-style residence offers a refined blend of alpine character and modern comfort. The setting is enhanced by a serene wooded backdrop and adjacent 3 US Forest Service parcels, providing added privacy. The interior features an open floor plan with open beamed ceilings and warm wood finishes, creating an inviting space for both entertaining and everyday living. A separate lower-level living area offers flexibility for guests or a private retreat. Community amenities include a pool, tennis courts, spa & a clubhouse with panoramic lake views. Positioned on the ski shuttle route and one block from Big Water Grill for lake view fine dining. This is an exceptional year-round mountain offering. Full Incline beach privileges and low HOA dues.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018768
Price/Sq Ft $840

Property History

Apr 02, 2026
Listed for sale
$1,498,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,783
Lot Size 0.04 acres
Stories 2
Year Built 1991
Property Type Single Family Residence
Style Mountain
APN 126-081-16
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
View Lake,Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $5,357
HOA Fee $300 / Monthly
HOA / Community CRMG
HOA & Community
Community Amenities Clubhouse,Pool,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 Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($299,600)
Home price
$1,498,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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