About This Property
Discover a rare opportunity in Incline Village’s desirable Mill Creek neighborhood. Extensively renovated in 2025–2026, 248 Tramway blends modern mountain style with classic Tahoe character. This 3-bedroom, 3-bath home features warm wood ceilings, exposed beams, wide-plank flooring, contemporary finishes and a striking fireplace. Set on .41 acres among towering pines, the property offers exceptional privacy, with adjacent parcels owned by the State of Nevada and United States. Extensive stone and gravel work enhances the grounds and ongoing BMP improvements. A completed TRPA site assessment recognizes significant existing legal coverage, offering intriguing future potential. Survey and site documentation are available; buyers to independently verify development possibilities. Defensible space inspection completed and pre-listing home inspection underway. Move in, enjoy Tahoe today and imagine what tomorrow could bring.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2025 | $1,695,000 | Lonny ParsonsColdwell Banker Select | Colleen KrausenRE/MAX Gold |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 248 Tramway Road, Incline Village
Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
