$4,675,000
475 Lakeshore Boulevard #13
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Crystal Bay Cove HOA does not allow short-term rentals.
3 Beds
·
3.0 Baths
·
2,450 Sq Ft
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About This Property

Rarely does a true lakefront residence of this caliber become available. Nestled within the enclave of Crystal Bay Cove, this exquisitely remodeled condominium captures unobstructed panoramic views of Lake Tahoe & offers direct lake access, a private pier, & a buoy field serving just 36 residences. Taken to the studs in 2022, the home reflects the quality of new construction with timeless, refined design. The open-concept living area is bathed in natural light, with expansive sliders framing the water, & a built-in gas grill. A chef’s kitchen showcases premium appliances, custom cabinetry, stone surfaces, & a Miele espresso station. Spacious lake-view bedrooms, a serene primary retreat, air conditioning, EV charging, & a one-car garage complete the offering. Ownership includes access to Incline Village’s private beaches, & all recreation amenities—a bonus to truly live Lake Tahoe. NV tax friendly status makes this a fantastic vacation home, or primary residence! Welcome to Tahoe!

Listed by Grant Meyer — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018689
Days on Market 13
Price/Sq Ft $1,908

Property History

Feb 25, 2026
Listed for sale
$4,675,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,450
Stories 2
Year Built 1970
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 122-530-13
Parking
Garage Spaces 1
Parking Features Attached,Garage,One Car Garage
Attached Garage Yes
Exterior & Lot
Lot Features Lake Front
View Lake,Mountain(s),Panoramic
Roof Composition
Utilities & Systems
Heating Baseboard,Hot Water
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $11,219
HOA Fee $1,193 / Monthly
HOA / Community Canopy
HOA & Community
Community Amenities Pier
📊

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 — 475 Lakeshore Boulevard #13, Incline Village

Est. Annual Revenue
$249,912
Avg Nightly Rate
$2136
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 74 / 100 (Premium) · STR Zone: Yellow

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($935,000)
Home price
$4,675,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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