Sold $3,525,000 $3,550,000 Closed
501 Lakeshore Boulevard #33
Incline Village, NV 89451

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SOLD 2026-08-28
Sold for $3,525,000 (listed at $3,550,000)
3 Beds
·
3.5 Baths
·
1,944 Sq Ft
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Our data on this home

About This Property

Rarely available end-unit townhome in the coveted gated lakefront community of Lakeshore Terrace. Nestled beside a serene creek and offering panoramic views of Lake Tahoe, this 3-bedroom, 3.5-bath residence features approximately 1,944 square feet of living space, a spacious 2-car garage, and a prime location within one of Incline Village's most desirable waterfront communities. Expansive windows and outdoor living spaces capture stunning lake and mountain views, while the end-unit setting provides added privacy and natural light. The property includes an HOA-assigned buoy for convenient boating access. Ideally situated across from the community clubhouse and private pier. Perfect for gathering with family and friends or enjoying a quiet morning overlooking the lake. Located minutes from Incline Village's golf courses, dining, shopping, hiking and biking trails, and world-class skiing.

Listed by Denise Bremer — Sierra Sotheby's International

Listing Details

Status Closed
MLS # 1019055
Sold Date 2026-08-28
Sold Price $3,525,000
Price/Sq Ft $1,826

Property History

Jul 15, 2026
Listed for sale
$3,550,000
Jul 16, 2026
Pending
$3,550,000
Aug 31, 2026
Sold
$3,525,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 1,944
Stories 2
Year Built 1970
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 122-510-33
Parking
Garage Spaces 2
Parking Features Attached,Door-Multi,Front Entry,Garage,Two Car Garage,Gated,Private
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dock,Landscaping,Patio,Rain Gutters
Lot Features Lake Front,Stream/Creek,Level
View Lake,Mountain(s),Panoramic,Creek/Stream
Construction Frame,Shingle Siding,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $7,808
HOA Fee $2,400 / Quarterly
HOA / Community IPM
HOA & Community
Community Amenities Clubhouse,Controlled Access,Pier

STR Investment Summary — 501 Lakeshore Boulevard #33, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$342
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-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

$2,000 – $2,900/yr
about $204/mo
Est. Rebuild Cost (Coverage A)
$583,200

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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