$3,449,000 $3,599,000 ↓ $150,000 reduced Active
553 Silvertip 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
·
5.0 Baths
·
4,654 Sq Ft
Virtual Tour

About This Property

Experience Lakeview Tahoe living at its finest in this 5-bedroom, 5-bathroom low-elevation retreat offering filtered views of Lake Tahoe from nearly every room. Set on a quiet street in prestigious Incline Village, this expansive home masterfully blends grand mountain lodge charm with upscale finishes and modern amenities. From the moment you enter, dramatic stone & hardwood floors, soaring beamed cathedral ceilings lead into a vast great room with floor-to-ceiling windows designed for gathering & gazing at the lake. The chef’s kitchen is a culinary dream, outfitted with professional stainless steel appliances, slab granite counters, & custom cabinetry, seamlessly flowing into the elegant dining area and fireside living space. This home offers privacy & comfort, complemented by a separate game room, family room, yoga room, and a den/private office. A true entertainer’s haven with room for all. Great for large families or multiple families. Welcome home to your own Tahoe...

Listed by Scott Willers — Compass

Listing Details

Status Active
MLS # 1018995
Days on Market 46
Price/Sq Ft $741

Property History

Jun 19, 2026
Listed for sale
$3,449,000
Jul 28, 2026
Price changed
$3,449,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $1,970,000 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.

Property Overview
Beds 5
Baths 5.0
Sq. Ft. 4,654
Lot Size 0.43 acres
Year Built 1985
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-113-02
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue
View Lake
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $14,169
📊

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 — 553 Silvertip Drive, Incline Village

Est. Annual Revenue
$158,886
Avg Nightly Rate
$1358
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 60 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
3,274 sq ft covered of 3,852 sq ft allowed
577 sq ft of coverage still available to add.
Parcel Size
19,258 sq ft
Allowed Coverage
3,852 sq ft · 20%
Existing Coverage
3,274 sq ft · 17%
Addable Coverage
577 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 ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($689,800)
Home price
$3,449,000
Loan details
30-yr fixed, 6.5%
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