$4,400,000 Active
445 1st Green Drive
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
·
4.5 Baths
·
5,014 Sq Ft
Virtual Tour

About This Property

NO SHOWINGS UNTIL AFTER TUESDAY TOUR JULY 21, 2026 This large family home is located in the prestigious Eastern slope neighborhood. There are two primary en-suites bedrooms and 2 other en-suite bedrooms. There is an open concept living room, dining room on the entry level along with primary bedroom, kitchen and great room. Off the back of the house there is an over 800 sq. ft. deck. Downstairs is the family room and the other primary en-suite and 2 more bedrooms, also on this level is a flex space area and aprox. 700-bottle wine cellar and laundry room. OWNER OCCUPIED PLEASE MAKE APPOINTMENT. OWNER IS A LICENSED NV REAL ESTATE AGENT.

Listed by Michael Chamberlain — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019064
Days on Market 1
Price/Sq Ft $878

Property History

Jul 17, 2026
Listed for sale
$4,400,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 5,014
Lot Size 0.46 acres
Stories 2
Year Built 1993
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-226-04
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Dog Run,Rain Gutters
View Lake,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $15,155
📊

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 — 445 1st Green Drive, Incline Village

Est. Annual Revenue
$158,301
Avg Nightly Rate
$1353
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 55 / 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

Room to build
3,541 sq ft covered of 3,939 sq ft allowed
397 sq ft of coverage still available to add.
Parcel Size
20,201 sq ft
Allowed Coverage
3,939 sq ft · 19%
Existing Coverage
3,541 sq ft · 18%
Addable Coverage
397 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% ($880,000)
Home price
$4,400,000
Loan details
30-yr fixed, 6.5%
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