$2,200,000 $2,490,000 ↓ $290,000 reduced Active
557 Knotty Pine Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
2,418 Sq Ft
Virtual Tour

About This Property

Build the Tahoe dream you've always envisioned. This rare Incline Village offering includes prepared plans for a custom residence designed to expand and elevate—ready to tailor to your needs and desires. Best of all, it captures substantial, sweeping views of Tahoe in one of Nevada's most coveted, tax-advantaged communities. As an owner you'll enjoy resident access: two private beaches (one with a brand-new outdoor pool), a deep-water boat ramp, and resident rates at two gorgeous 18-hole golf courses. Carve fresh tracks at Diamond Peak ski resort, play tennis and pickleball, and recharge at the full-size recreation center with indoor pool—all just minutes from your door. Lake, slopes, and fairways at your fingertips. Bring your vision and make it yours.

Listed by Trevor Anderson — Lakeshore Realty

Listing Details

Status Active
MLS # 1018960
Days on Market 97
Price/Sq Ft $910

Property History

Jun 08, 2026
Listed for sale
$2,490,000
Aug 11, 2026
Price reduced
$2,375,000 $2,490,000 ↓ $115,000
Aug 28, 2026
Price reduced
$2,200,000 $2,375,000 ↓ $175,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2025 $1,700,000 Marion LedsonColdwell Banker Select Trevor AndersonLakeshore Realty

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 4
Baths 2.5
Sq. Ft. 2,418
Lot Size 0.41 acres
Stories 3
Year Built 1973
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-115-03
Parking
Parking Features No Garage,See Remarks
Attached Garage Yes
Exterior & Lot
View Lake,Mountain(s)
Utilities & Systems
Heating Baseboard
Financial
Annual Tax $10,957
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$35K – $80K typically ~$60,000
~$5,000 per month
Avg Nightly
$365
Occupancy
45%
Cap Rate
1.1%

STR Investment Summary — 557 Knotty Pine Drive, Incline Village

Est. Gross Annual Revenue
$35K – $80K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.1%
Structural Score: 53 / 100 (Standard) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-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

Room to build
1,444 sq ft covered of 3,588 sq ft allowed
2,145 sq ft of coverage still available to add.
Parcel Size
17,942 sq ft
Allowed Coverage
3,588 sq ft · 20%
Existing Coverage
1,444 sq ft · 8%
Addable Coverage
2,145 sq ft
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% ($440,000)
Home price
$2,200,000
Loan details
30-yr fixed, 6.5%
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