Sold $2,500,888 $2,599,000 Closed
1119 Lucerne Way
Incline Village, NV 89451

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SOLD 2026-04-24
Sold for $2,500,888 (listed at $2,599,000)
4 Beds
·
3.5 Baths
·
2,718 Sq Ft

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It sold for $2,500,888 on 2026-04-24, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Top quality, extreme attention to detail. In floor radiant heating, extra storage in garage level, open beamed ceilings in living area and master bedroom with filtered lake views over USFS owned lot. Near level access to two car garage. Mid level is three large bedrooms (one ensuite), 2 baths and laundry room. Upper floor is open floor plan living area with corner gas fireplace and a large deck facing the lake. Also has walk-out access to small landscaped back yard area. Kitchen has breakfast bar and dining area. Half bath adjacent to living area. Master on the main level features spacious bath and direct deck access and filtered lake views. You will not find higher quality and master craftsmanship like this at any price! Recent new LVP floors and appliances. Full IVGID privileges. Home has never been rented/leased. STR is permitted. Additionally, HOA includes pool/spa, tennis/pickle ball, trash, water, sewer and snow removal.

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Closed
MLS # 260002305
Sold Date 2026-04-24
Sold Price $2,500,888
Price/Sq Ft $956

Property History

Mar 03, 2026
Listed for sale
$2,599,000
Current
Sold
$2,500,888
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 2,718
Lot Size 0.04 acres
Stories 2
Year Built 2004
Property Type Single Family Residence
Subdivision Tyrolian Village 7
County Washoe
STR Jurisdiction Washoe County
APN 126-082-65
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Gentle Sloping
View Mountain(s)
Construction Frame
Roof Asphalt
Foundation Crawl Space
Utilities & Systems
Heating Radiant Floor
Cooling Wall/Window Unit(s)
Financial
Annual Tax $9,169
HOA Fee $300 / Monthly
HOA / Community T7 Tyrolia Incline
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
HOA & Community
Community Amenities Clubhouse, Pool, Spa/Hot Tub, Tennis Court(s)

STR Investment Summary — 1119 Lucerne Way, Incline Village

Est. Gross Annual Revenue
$90K – $135K
typically ~$110,000
Avg Nightly Rate
$670
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 71 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (262 comparable 4-bedroom rentals, 2026-10); 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

Over coverage limit
1,584 sq ft covered of 16 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,600 sq ft
Allowed Coverage
16 sq ft · 1%
Existing Coverage
1,584 sq ft · 99%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a
Existing Units
1

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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$5,100 – $7,500/yr
about $525/mo
Est. Rebuild Cost (Coverage A)
$1,494,900

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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