$18,500,000 Active
487 Eagle Drive
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
·
7,108 Sq Ft
Virtual Tour

About This Property

The Moment House takes its name from the engineering that defines it — moment frames, the steel that frees each wall of glass from bracing, opening the architecture fully to mountains and lake. Built to hold a moment: of light, of view, of arrival. This is the preeminent residence on Eagle Drive, the only one of its kind in Incline Village. Set on a rare .64-acre street-to-street homesite, it offers privacy and commanding presence. Dramatic volumes feel generous and alive; walls of glass draw the landscape inward from nearly every room. Indoor-outdoor living flows across expansive decks with fireplace and heaters for year-round use. A glass elevator, two offices, gym, bonus space, salon, and indoor sauna complete a private world. Fenced grounds include a hot tub set for privacy, plus a four-car garage with lifts. A one-of-one property — not in the language of marketing, but in the truest sense. Homes of this architectural integrity, on this land, simply do not come to market.

Listed by Jennifer Pearsall Kobert — Tahoe Mountain Realty

Listing Details

Status Active
MLS # 1019054
Days on Market 1
Price/Sq Ft $2,603

Property History

Jul 15, 2026
Listed for sale
$18,500,000
Property Overview
Beds 5
Baths 6.5
Sq. Ft. 7,108
Lot Size 0.64 acres
Stories 2
Year Built 2020
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-224-07
Parking
Garage Spaces 4
Parking Features Four Car Garage,Four or more Spaces,Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Lot Features Sloped,Wooded
View Lake
Roof Composition,Metal
Utilities & Systems
Heating Radiant,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $54,434
📊

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 — 487 Eagle Drive, Incline Village

Est. Annual Revenue
$486,486
Avg Nightly Rate
$4158
Projected Occupancy
32.0%
Cap Rate
1.1%
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
6,618 sq ft covered of 270 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
27,013 sq ft
Allowed Coverage
270 sq ft · 1%
Existing Coverage
6,618 sq ft · 24%
Addable Coverage
0 sq ft
IPES Score
872.0
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% ($3,700,000)
Home price
$18,500,000
Loan details
30-yr fixed, 6.5%
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