$2,995,000 Active
1094 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
·
2.5 Baths
·
2,745 Sq Ft

About This Property

Nestled in Incline Village’s desirable low-elevation Mill Creek neighborhood, 1094 Mill Creek Road offers a rare combination of comfort, setting, and future potential. Set on a generous 0.337-acre interior parcel, this 2,745-square-foot property features a welcoming great room with soaring open vaulted ceilings and sunny southern exposure that brings in beautiful natural light throughout the day. The home is positioned in one of Incline’s most sought-after locations, just 0.6 miles from the East Shore Trail and 1.0 mile from Incline Beach, placing lake access, recreation, and the best of the North Shore close at hand. Exterior highlights include a paver driveway and durable metal roof, adding both curb appeal and long-term practicality. With its desirable parcel size, low-elevation setting, and excellent building potential, this Mill Creek property presents an outstanding opportunity to enjoy as-is, reimagine, or create a future Tahoe retreat in a premier Incline Village location.

Listed by Cole Mizak — Compass

Listing Details

Status Active
MLS # 1018863
Price/Sq Ft $1,091

Property History

May 11, 2026
Listed for sale
$2,995,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,745
Lot Size 0.34 acres
Stories 2
Year Built 1994
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-203-03
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Level
View Mountain(s),Trees/Woods
Roof Metal,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $10,808
📊

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 — 1094 Mill Creek Road, Incline Village

Est. Annual Revenue
$54,888
Avg Nightly Rate
$525
Projected Occupancy
27.1%
Cap Rate
0.7%
Structural Score: 62 / 100 (Premium) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($599,000)
Home price
$2,995,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373