$6,950,000 $7,950,000 ↓ $1,000,000 reduced Active Under Contract
250 Pine Cone Road
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
6.5 Baths
·
5,058 Sq Ft

About This Property

Custom-built in 2018 by respected local builder Peter Angella, this 5,100 sq ft Mill Creek home sits on a large corner lot with mature landscaping, stream, pond, and dual waterfalls. Quality details include cedar siding, Ipe decking, paver drive, 12' ceilings, and hickory hardwood throughout. The 5 ensuite bedrooms include two primary suites—one on each level—plus an office, formal dining, fitness room, theater/6th bedroom, and sealed basement storage. Chef’s kitchen features SubZero, Wolf, Miele, and natural stone finishes. Indoor/outdoor fireplaces, full wet bar, wine room, hot tub, outdoor kitchen, heated gutters, infrared deck heaters, and extensive lighting/camera systems add luxury and function. Smart home systems control lighting, HVAC, security, water, and more. A 3-car garage, RV/boat parking with hookups, and a natural gas generator complete this exceptional, tech-forward home just blocks from Lakeshore Blvd and Incline’s best amenities.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active Under Contract
MLS # 1018683
Days on Market 151
Price/Sq Ft $1,374

Property History

Feb 21, 2026
Listed for sale
$6,950,000
Current
Pending
$6,950,000
Property Overview
Beds 5
Baths 6.5
Sq. Ft. 5,058
Lot Size 0.43 acres
Stories 2
Year Built 2019
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-204-06
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage,Boat,Garage Door Opener,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Fence,Sprinkler/Irrigation,Landscaping,Patio,Rain Gutters,Storage,Water Feature
Lot Features Corner Lot,Wooded,Level,Pond on Lot
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $35,615
📊

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 — 250 Pine Cone Road, Incline Village

Est. Annual Revenue
$238,797
Avg Nightly Rate
$2041
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

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

Over coverage limit
5,948 sq ft covered of 5,710 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
19,034 sq ft
Allowed Coverage
5,710 sq ft · 30%
Existing Coverage
5,948 sq ft · 31%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($1,390,000)
Home price
$6,950,000
Loan details
30-yr fixed, 6.5%
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