$5,000,000 Active
447 Lakeshore Boulevard
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Crystal Tower HOA does not allow short-term rentals.

About This Property

Set along one of Lake Tahoe’s most coveted addresses, this property presents a rare opportunity to bring your vision of a luxury lakefront retreat to life. Located on Lakeshore Boulevard in Incline Village, this parcel offers the perfect canvas to design and build a legacy estate in the heart of one of Tahoe’s most sought-after communities on the Nevada side. Just moments from Incline’s private beaches, world-class golf courses, and year-round recreation, the setting blends tranquility with convenience. Whether you imagine a contemporary architectural masterpiece or a timeless Tahoe lodge, this lot invites you to create a residence that reflects your style and showcases the beauty of Lake Tahoe. Opportunities of this caliber on Lakeshore Boulevard are exceedingly rare. Build the home you’ve always envisioned — and make Tahoe your forever escape. Plans for a 10,000 sq ft home were approved in 2020. The permits need to resurrected but the plans and engineering are available to a buyer.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active
MLS # 1018417
Days on Market 287

Property History

Aug 22, 2025
Listed for sale
$5,000,000
Property Overview
Lot Size 1.19 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-250-07
Exterior & Lot
View Lake,Panoramic
Financial
Annual Tax $6,099
📊

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 — 447 Lakeshore Boulevard, Incline Village

Est. Annual Revenue
$193,752
Avg Nightly Rate
$1656
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 42 / 100 (Standard) · 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% ($1,000,000)
Home price
$5,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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