$4,000,000 Closed
555 Valley Dr
Incline Village, NV 89451
SOLD 2026-10-07
Sold for $4,000,000
3 Beds
·
3.5 Baths
·
4,050 Sq Ft

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About This Property

comp purposes only

Listed by Lana Nelson — Lakeshore Realty

Listing Details

Status Closed
MLS # 1019210
Sold Date 2026-10-07
Sold Price $4,000,000
Price/Sq Ft $988

Property History

Oct 07, 2026
Listed for sale
$4,000,000
Current
Sold
$4,000,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 4,050
Lot Size 1.50 acres
Year Built 1985
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 12550301
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
View Lake
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $12,500

STR Investment Summary — 555 Valley Dr, Incline Village

Est. Gross Annual Revenue
$35K – $55K
typically ~$45,000
Avg Nightly Rate
$385
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 52 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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
2,898 sq ft covered of 1,583 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
62,184 sq ft
Allowed Coverage
1,583 sq ft · 3%
Existing Coverage
2,898 sq ft · 5%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1c, 3
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
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