Sold $9,250,000 Closed
539 Cole Circle
Incline Village, NV 89451

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SOLD 2026-07-14
Sold for $9,250,000
6 Beds
·
6.5 Baths
·
4,935 Sq Ft

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It sold for $9,250,000 on 2026-07-14, 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

Brand new construction with breathtaking Lake Tahoe views, this architectural standout blends contemporary alpine design with elevated luxury. With 6 bedrooms, 6.5 baths & approximately 4,900 sq ft of thoughtfully curated living space, every detail feels custom & considered. Soaring ceilings, walls of glass, sculptural fireplaces & rich natural textures create a warm yet dramatic atmosphere. Multiple view decks invite seamless indoor/outdoor living, while a chef’s kitchen & spa-like baths deliver resort-level comfort. Set on a .43-acre lot with a rare 3-car garage, this home is designed for both grand entertaining & quiet retreats—with full IVGID privileges for beaches, skiing & recreation. A rare opportunity to own a truly one-of-a-kind Lakeview sanctuary

Listed by Ryan Mitchell — Compass

Listing Details

Status Closed
MLS # 1019051
Sold Date 2026-07-14
Sold Price $9,250,000
Price/Sq Ft $1,874

Property History

Jul 15, 2026
Listed for sale
$9,250,000
Current
Sold
$9,250,000
Property Overview
Beds 6
Baths 6.5
Sq. Ft. 4,935
Lot Size 0.43 acres
Stories 3
Year Built 2025
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-135-19
Parking
Garage Spaces 3
Parking Features Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Heated Driveway,Sprinkler/Irrigation
View Lake
Roof Composition
Utilities & Systems
Heating Hot Water
Cooling 1 Unit
Financial
Annual Tax $30,569

STR Investment Summary — 539 Cole Circle, Incline Village

Est. Gross Annual Revenue
$115K – $160K
typically ~$140,000
Avg Nightly Rate
$1300
Projected Occupancy
29.5%
Cap Rate
0.6%
Structural Score: 79 / 100 (Luxury) · 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

Room to build
1,575 sq ft covered of 3,694 sq ft allowed
2,119 sq ft of coverage still available to add.
Parcel Size
18,471 sq ft
Allowed Coverage
3,694 sq ft · 20%
Existing Coverage
1,575 sq ft · 9%
Addable Coverage
2,119 sq ft
Land Capability · TRPA-verified
1a
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

$9,200 – $13,600/yr
about $950/mo
Est. Rebuild Cost (Coverage A)
$2,714,250

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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