Sold $8,000,000 Closed
533 Driver Way
Incline Village, NV 89451

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SOLD 2026-02-25
Sold for $8,000,000
5 Beds
·
5.5 Baths
·
5,048 Sq Ft

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It sold for $8,000,000 on 2026-02-25, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Panoramic Lake views,newly built 2023 home, nestled in the serene Eastern Slope neighborhood of tax-friendly Incline Village, Nevada. Designed to capture breathtaking panoramic views of Lake Tahoe, this 5-bedroom, 5.5-bath retreat seamlessly merges sophistication with modern comfort. The open-concept main level boasts a striking fireplace, top-tier appliances, mahogany cabinetry, and rich hardwood floors. A well-appointed butler’s pantry with an espresso machine, steam oven, and crushed ice maker ensures effortless entertaining. Expansive glass doors open to a spacious deck, blending indoor and outdoor living against Tahoe’s ever-changing skies. The primary suite is a private oasis with a double-sided fireplace, soaking tub, steam shower, and walk-in closets. A lower-level with 2 additional suites plus rec-room with a wet bar, media center, and built-in Murphy beds provides additional space for guests. This exquisite home is a true fusion of craftsmanship and stunning surroundings.

Listed by Kerry Donovan — Chase International

Listing Details

Status Closed
MLS # 1018691
Sold Date 2026-02-25
Sold Price $8,000,000
Price/Sq Ft $1,585

Property History

Feb 25, 2026
Listed for sale
$8,000,000
Current
Sold
$8,000,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 5,048
Lot Size 0.51 acres
Stories 3
Year Built 2023
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 131-214-03
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Sloped
View Lake,Panoramic
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $36,958

STR Investment Summary — 533 Driver Way, Incline Village

Est. Gross Annual Revenue
$120K – $165K
typically ~$145,000
Avg Nightly Rate
$1241
Projected Occupancy
32.0%
Cap Rate
0.7%
Structural Score: 66 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (70 comparable 5-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

Over coverage limit
2,513 sq ft covered of 226 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
22,586 sq ft
Allowed Coverage
226 sq ft · 1%
Existing Coverage
2,513 sq ft · 11%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 4
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

$9,400 – $13,900/yr
about $971/mo
Est. Rebuild Cost (Coverage A)
$2,776,400

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

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