$2,700,000 Active
524 Sugarpine Drive
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
3,207 Sq Ft

Our data on this home

About This Property

Lake views and the opportunity to bring a fresh vision to an original Tahoe home. Located in Incline Village’s Ponderosa neighborhood, this three-story residence offers over 3,200 square feet with three bedrooms, two and a half bathrooms, and a two-car garage that sits on a 0.512-acre elevated parcel. Built in 1985, the home presents an opportunity to update its original character or explore a more extensive transformation. A new roof was installed in June of 2026 that includes a transferable warranty to the new homeowner. With full IVGID privileges, this property offers a compelling starting point for creating your own Lake Tahoe retreat.

Listed by Joel Baker — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019216
Price/Sq Ft $842

Property History

Oct 20, 2026
Listed for sale
$2,700,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 1988 · county record $315,000 Deed record — brokerage sides not reported

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 3,207
Lot Size 0.51 acres
Stories 3
Year Built 1985
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-115-11
Parking
Garage Spaces 2
Parking Features Two Car Garage,Boat,Garage Door Opener,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Sloped
View Lake
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Passive Solar,Baseboard,Gas,Hot Water,Solar
Financial
Annual Tax $5,038
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
69
PROJECTED GROSS ANNUAL REVENUE
$50K – $75K typically ~$65,000
~$5,417 per month
Avg Nightly
$396
Occupancy
45%
Cap Rate
0.9%

STR Investment Summary — 524 Sugarpine Drive, Incline Village

Est. Gross Annual Revenue
$50K – $75K
typically ~$65,000
Avg Nightly Rate
$396
Projected Occupancy
45.0%
Cap Rate
0.9%
Structural Score: 69 / 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
4,665 sq ft covered of 4,666 sq ft allowed
0 sq ft of coverage still available to add.
Parcel Size
23,328 sq ft
Allowed Coverage
4,666 sq ft · 20%
Existing Coverage
4,665 sq ft · 20%
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

Home Insurance Estimate

Standard homeowners policy for this home

$6,000 – $8,800/yr
about $617/mo
Est. Rebuild Cost (Coverage A)
$1,763,850

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

See it in the monthly payment

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

$14,690 per month
Principal & interest
$13,653/mo
Property taxes
$420/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$617/mo
Estimated ~$6,000–$8,800/yr — get a local broker quote for accuracy.
Down payment
20% ($540,000)
Home price
$2,700,000
Loan details
30-yr fixed, 6.5%
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