$8,925,000
527 Sugarpine Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
5.5 Baths
·
6,877 Sq Ft
Virtual Tour

About This Property

A residence of rare stature and enduring elegance, this extraordinary estate commands attention through its sheer scale, architectural presence, and sweeping Lake Tahoe views. Monumental spaces unfold beneath soaring rafters nearing 30 feet, anchored by a dramatic stone fireplace and a grand main living area conceived for unforgettable moments. The exceptional grounds feel both curated and expansive, where gardens, terraces, water features, and heated approaches create a seamless dialogue between nature and design. Throughout the home, hand-crafted elements, time-honored details, and bespoke finishes speak to a level of craftsmanship seldom achieved in today’s construction. A sweeping split staircase ascends to a private primary sanctuary, offering warmth, privacy, and a spa-like sense of retreat. Designed to accommodate generations and gatherings alike, the estate delivers an experience of refined luxury, quiet grandeur, and permanence—an offering that transcends trend and time.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1018298
Days on Market 242
Price/Sq Ft $1,298

Property History

Jul 01, 2025
Listed for sale
$8,925,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 6,877
Lot Size 0.49 acres
Stories 3
Year Built 2006
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-116-08
Parking
Garage Spaces 3
Parking Features Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Heated Driveway,Hot Tub/Spa
View Lake
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $32,534
📊

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 — 527 Sugarpine Drive, Incline Village

Est. Annual Revenue
$274,014
Avg Nightly Rate
$2342
Projected Occupancy
32.0%
Cap Rate
1.2%
Structural Score: 55 / 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% ($1,785,000)
Home price
$8,925,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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