$11,900,000 Active
547 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.
The remarks mention an ADU or guest unit: in Truckee, much of Placer and Washoe’s Tahoe area, and parts of Nevada County an ADU can’t be a short-term rental, so count on the main house only.
5 Beds
·
6.5 Baths
·
8,316 Sq Ft
Virtual Tour

Our data on this home

About This Property

On a well maintained half-acre street-to-street lot, this low-elevation Lake Tahoe home balances mountain practicality with refined style. Six fireplaces, a generator, two new Lochinvar boilers, a heated driveway, and a four-car garage prepare the property for winter, while radiant-heated decks and a hot tub welcome evenings under the stars. Wood-encased steel beams rise to soaring ceilings in the great room. An elevator serves every level, linking a second primary suite for main-level living with private in-law quarters that include a separate entrance. Lake-view office supports remote work, and open living spaces flow into a theater and a family/game room with bar, pool table, card table, and sauna. Landscaped grounds hold custom water features, a fire pit, and bocce and corn hole courts. Panoramic lake views extend from nearly every room of this five-bedroom, seven-bath residence. Some furniture could be made available as part of the sale. Video Tour: https://tinyurl.com/42nvbrj5

Listed by Donna Ruthe — Today's Realty Inc.

Listing Details

Status Active
MLS # 1019256
Days on Market 1
Price/Sq Ft $1,431

Property History

Nov 05, 2026
Listed for sale
$11,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 2022 · county record $11,500,000 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 5
Baths 6.5
Sq. Ft. 8,316
Lot Size 0.49 acres
Stories 3
Year Built 2001
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-114-06
Parking
Garage Spaces 4
Parking Features Attached,Door-Multi,Four Car Garage,Front Entry,Four or more Spaces,Garage,Garage Faces Side
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Deck,Heated Driveway,Hot Tub/Spa,Irrigation Sprinklers,Landscaping,Patio,Private Yard,Water Feature
View Lake,Panoramic
Construction Frame,Steel
Roof Composition,Flat,Pitched
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Hot Water,Radiant Floor
Financial
Annual Tax $41,759
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Luxury
78
PROJECTED GROSS ANNUAL REVENUE
$135K – $190K typically ~$165,000
~$13,750 per month
Avg Nightly
$1413
Occupancy
32%
Cap Rate
0.5%

STR Investment Summary — 547 Sugarpine Drive, Incline Village

Est. Gross Annual Revenue
$135K – $190K
typically ~$165,000
Avg Nightly Rate
$1413
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 78 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (72 comparable 5-bedroom rentals, 2026-11); 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

Above base allowance
Parcel Size
21,182 sq ft
Allowed Coverage · verified classes
212–4,236 sq ft
Existing Coverage · est.
6,384 sq ft · 30%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
2, 4
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$15,600 – $22,900/yr
about $1,604/mo
Est. Rebuild Cost (Coverage A)
$4,573,800

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

$65,257 per month
Principal & interest
$60,173/mo
Property taxes
$3,480/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
$1,604/mo
Estimated ~$15,600–$22,900/yr — get a local broker quote for accuracy.
Down payment
20% ($2,380,000)
Home price
$11,900,000
Loan details
30-yr fixed, 6.5%
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