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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.
Listing Details
Property History
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 524 Sugarpine Drive, Incline Village
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
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 comparesHome Insurance Estimate
Standard homeowners policy for this home
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 paymentCost Segregation Tax Savings
Estimated first-year bonus depreciation savings