$3,900,000 Active
178 Tramway Road
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
3,404 Sq Ft

About This Property

Tucked into the beloved low-elevation Mill Creek neighborhood of Incline Village, this beautifully remodeled mountain residence offers comfort, function, and easy Tahoe living. The main level features an open great room with hardwood floors, stunning gas fireplace, and walk-out access to the backyard patio. The spacious kitchen includes stainless steel appliances, slab granite counters, large center island with breakfast bar and built-in dining. The beautifully landscaped and fenced backyard is designed for indoor-outdoor living with patio space, a tranquil water feature, built in gas fire pit, hot tub, and additional storage shed. Upstairs offers four bedrooms or flexible spaces, three bathrooms, and secondary-family room. The spacious primary suite includes a spa-style bath with separate tub and shower, dual vanities, and walk-in closet. Additional highlights include fresh paint throughout, new carpet, upgraded vanities, large laundry room, and a rare drive-through four-car+ garage.

Listed by Cole Mizak — Compass

Listing Details

Status Active
MLS # 1018968
Price/Sq Ft $1,146

Property History

Jun 12, 2026
Listed for sale
$3,900,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,404
Lot Size 0.41 acres
Stories 2
Year Built 1980
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-212-18
Parking
Garage Spaces 4
Parking Features Attached,Four Car Garage,Four or more Spaces,Garage,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Lot Features Wooded,Level
View Mountain(s),Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Floor Furnace,Gas
Financial
Annual Tax $6,707
📊

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 — 178 Tramway Road, Incline Village

Est. Annual Revenue
$146,250
Avg Nightly Rate
$1250
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 66 / 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
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% ($780,000)
Home price
$3,900,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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