$2,200,000 Active
433 Winding Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
The remarks mention an ADU or guest unit: in Truckee, much of Placer and Washoe’s Tahoe area, and parts of Nevada County an ADU can’t be a short-term rental, so count on the main house only.
4 Beds
·
3.5 Baths
·
2,590 Sq Ft

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About This Property

Move-in ready with the flexibility to make it your own! Set on a mostly level .413-acre lot in The Woods neighborhood, this home offers a versatile floor plan and plenty of room. Custom cabinetry adds warmth and functionality throughout, while heated kitchen and bathroom floors, a jetted tub in the primary suite, and a steam shower in the upstairs guest bath provide everyday comfort. Main-level in-law quarters offer flexibility for guests, extended family, or a potential primary suite. Outside, the spacious fenced yard invites entertaining, gardening, or relaxing in the hot tub after a day on the slopes. A large two-car garage, basement storage, and RV or boat parking provide plenty of room for Tahoe adventures. Central heating with existing ductwork offers potential for future A/C installation. With its generous, usable lot and sought-after location, this is a home to enjoy today, with possibilities for tomorrow.

Listed by Kristie Wells-Heuer — Casa Tua

Listing Details

Status Active
MLS # 1019215
Days on Market 1
Price/Sq Ft $849

Property History

Oct 10, 2026
Listed for sale
$2,200,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2011 · county record $360,250 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
Beds 4
Baths 3.5
Sq. Ft. 2,590
Lot Size 0.41 acres
Stories 2
Year Built 1965
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 124-042-12
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener,Outside,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $7,198
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
66
PROJECTED GROSS ANNUAL REVENUE
$65K – $105K typically ~$85,000
~$7,083 per month
Avg Nightly
$518
Occupancy
45%
Cap Rate
1.6%

STR Investment Summary — 433 Winding Way, Incline Village

Est. Gross Annual Revenue
$65K – $105K
typically ~$85,000
Avg Nightly Rate
$518
Projected Occupancy
45.0%
Cap Rate
1.6%
Structural Score: 66 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-bedroom rentals, 2026-08); 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

Room to build
3,585 sq ft covered of 6,296 sq ft allowed
2,710 sq ft of coverage still available to add.
Parcel Size
21,413 sq ft
Allowed Coverage
6,296 sq ft · 29%
Existing Coverage
3,585 sq ft · 17%
Addable Coverage
2,710 sq ft
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

$4,800 – $7,100/yr
about $496/mo
Est. Rebuild Cost (Coverage A)
$1,424,500

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

$12,220 per month
Principal & interest
$11,124/mo
Property taxes
$600/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$496/mo
Estimated ~$4,800–$7,100/yr — get a local broker quote for accuracy.
Down payment
20% ($440,000)
Home price
$2,200,000
Loan details
30-yr fixed, 6.5%
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