$8,900,000 $9,400,000 ↓ $500,000 reduced Active
1585 Pine Cone Circle
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
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Our data on this home

About This Property

Tucked just off Lakeshore Boulevard in one of Incline Village’s most private and time-honored neighborhoods, this level .247-acre parcel with 30% base allowable coverage (or 2,356 sq ft!) offers a rare opportunity to design and build a 5,000+ sq ft mountain retreat. Within the private Pine Cone Circle HOA, owners enjoy access to a gated sandy beach with pier, buoys, kayak storage, and lakeside BBQ amenities—reserved solely for homeowners and their guests. A serene 2+-acre common meadow adds to the peaceful, park-like setting. Utilities are at the street; water and power are in place, and a 2025 plot map survey on file with TRPA. A short stroll leads to dining, shopping, and recreation, with Sand Harbor and the East Shore Trail nearby. Acquire the adjacent home at 1575 Pine Cone and have the rare advantage of purchasing the lot at a discounted price—an instant equity play with long-term upside. Nevada’s favorable tax climate helps create a truly refined and lasting legacy residence.

Listed by Scott Beenk — Compass

Listing Details

Status Active
MLS # 1018280
Days on Market 485

Property History

Jun 23, 2025
Listed for sale
$9,400,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 1999 · county record $599,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Lot Size 0.25 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-241-34
Exterior & Lot
Lot Features Open Lot,Wooded,Level
View Mountain(s),Trees/Woods
Financial
Annual Tax $15,053
HOA Fee $1,000 / Semi-Annually
HOA / Community Pine Cone Circle HOA
HOA & Community
Community Amenities Beach Rights,Controlled Access,Pier
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
401 sq ft covered of 3,329 sq ft allowed
2,928 sq ft of coverage still available to add.
Parcel Size
11,096 sq ft
Allowed Coverage
3,329 sq ft · 30%
Existing Coverage
401 sq ft · 4%
Addable Coverage
2,928 sq ft
Land Capability · TRPA-verified
IPES

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

$18,200 – $26,700/yr
about $1,871/mo
Est. Rebuild Cost (Coverage A)
$5,340,000

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

See it in the monthly payment

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

$48,295 per month
Principal & interest
$45,003/mo
Property taxes
$1,254/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$167/mo
From MLS listing data.
Home insurance
$1,871/mo
Estimated ~$18,200–$26,700/yr — get a local broker quote for accuracy.
Down payment
20% ($1,780,000)
Home price
$8,900,000
Loan details
30-yr fixed, 6.5%
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