$179,000
517 Lucille Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.0 Baths
·
1,826 Sq Ft

About This Property

**Shared Ownership Opportunity in Beautiful Incline Village, NV** Experience luxury living at an affordable price with this rare opportunity in Incline Village, located on Lake Tahoe's North Shore. This turn-key vacation property allows you to enjoy your getaway without the hassle of maintenance or cleaning. The spacious house features three bedrooms, two full bathrooms, and 1,826 square feet of living space. It comfortably accommodates up to six people, making it ideal for family gatherings or gatherings with friends. Additionally, there is garage space for your recreational toys, creating an ideal retreat from daily life.

Listed by Tom Abbott — Engel & Volkers

Listing Details

Status Active
MLS # 1018562
Days on Market 131
Price/Sq Ft $98

Property History

Nov 12, 2025
Listed for sale
$179,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,826
Lot Size 0.62 acres
Year Built 1979
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 12406106
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
View Trees/Woods
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $7,223
HOA Fee $1,250 / Quarterly
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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 — 517 Lucille Drive, Incline Village

Est. Annual Revenue
$46,472
Avg Nightly Rate
$384
Projected Occupancy
33.1%
Cap Rate
10.4%
Structural Score: 58 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($35,800)
Home price
$179,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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Email 9166671444

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