$3,550,000 Closed
501 Lakeshore Boulevard #33
Incline Village, NV 89451
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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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
0.4%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,723 sq ft covered of 349 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,744 sq ft
Allowed Coverage
349 sq ft · 20%
Existing Coverage
1,723 sq ft · 99%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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