Sold $2,075,000 $2,050,000 Closed
501 Lakeshore Boulevard #56
Incline Village, NV 89451

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SOLD 2025-10-27
Sold for $2,075,000 (listed at $2,050,000)
2 Beds
·
1.5 Baths
·
1,573 Sq Ft

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It sold for $2,075,000 on 2025-10-27, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Rare opportunity in one of Incline Village’s most sought-after lakefront complexes—this 2-bed (+ loft for extra bedroom optional), 2.5-bath, 1,573 sq. ft. townhouse offers panoramic lake views and massive upside potential. Just one building off the shoreline and caddy-corner to the private dock and pier, the residence features balconies and expansive windows on the second and third floors framing breathtaking lakefront vistas. The exceptional townhouse layout means no one above or below you, plus a rare attached 3-car garage. Inside is a true fixer-upper, ready for your vision—create a custom lake retreat with finishes and design entirely your own. The HOA allows you to reserve buoys for your boat, and the impeccably maintained grounds include a lakefront clubhouse and deck, perfect for entertaining or relaxing by the water. With its unbeatable location, unique layout, and renovation potential, this property is a blank canvas to craft your dream Incline Village lakefront getaway.

Listed by Robert Brown — Fantastik Realty

Listing Details

Status Closed
MLS # 1018376
Sold Date 2025-10-27
Sold Price $2,075,000
Price/Sq Ft $1,303

Property History

Aug 08, 2025
Listed for sale
$1,695,000
Current
Sold
$2,075,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,573
Stories 3
Year Built 1970
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 122-510-56
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage
Attached Garage Yes
Exterior & Lot
Lot Features Lake Front,Level
View Lake
Utilities & Systems
Heating Baseboard,Electric
Financial
Annual Tax $4,997
HOA Fee $2,400 / Quarterly
HOA / Community Lakeshore Terrace Associa

STR Investment Summary — 501 Lakeshore Boulevard #56, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
0.9%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (139 comparable 2-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,600 – $2,400/yr
about $167/mo
Est. Rebuild Cost (Coverage A)
$471,900

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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