$3,795,000 Active
501 Lakeshore Boulevard #15
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. Lakeshore Terrace HOA allows short-term rentals.
2 Beds
·
3.0 Baths
·
1,802 Sq Ft

About This Property

Panoramic lake views, a premier buoy location, and an exceptional setting define this beautifully maintained residence within coveted Lakeshore Terrace. Tastefully remodeled with quality craftsmanship, the home features 2 bedrooms, a spacious loft, 3 bathrooms, and an oversized 880 SF heated garage. Panoramic lake views grace the living room, dining area, kitchen, and loft. Viking appliances, a wet bar, river rock fireplace, and a dumbwaiter complement the thoughtful floor plan. Included is one assigned buoy that transfers with the property, ideally located near the community's deep-water pier and waterfront clubhouse. A rare opportunity to enjoy lock-and-leave lakefront living with the comfort, functionality, and convenience of a single-family home. Minutes from Incline Village's private beaches, golf, Diamond Peak, dining, and year-round recreation.

Listed by Ming Poon — SERHANT

Listing Details

Status Active
MLS # 1019096
Price/Sq Ft $2,106

Property History

Aug 04, 2026
Listed for sale
$3,795,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2024 $3,200,000 Ginger StonerBerkshire Hathaway HomeService Ginger StonerBerkshire Hathaway HomeService

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 2
Baths 3.0
Sq. Ft. 1,802
Stories 2
Year Built 1970
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-510-15
Parking
Garage Spaces 2
Parking Features Two Car Garage,Private,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Awning(s),Balcony,Deck,Dock,Landscaping,Patio
Lot Features Lake Front,Level
View Lake
Construction Frame
Roof Composition
Utilities & Systems
Heating Passive Solar,Baseboard,Solar
Financial
Annual Tax $7,693
HOA Fee $2,600 / Quarterly
HOA / Community Incline Property Manageme
HOA & Community
Community Amenities Beach Rights,Clubhouse,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 — 501 Lakeshore Boulevard #15, Incline Village

Est. Annual Revenue
$202,176
Avg Nightly Rate
$1728
Projected Occupancy
32.0%
Cap Rate
2.1%
Structural Score: 72 / 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
1,390 sq ft covered of 313 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,566 sq ft
Allowed Coverage
313 sq ft · 20%
Existing Coverage
1,390 sq ft · 89%
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 ↗

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% ($759,000)
Home price
$3,795,000
Loan details
30-yr fixed, 6.5%
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