$1,935,000 Closed
558 Valley Drive
Incline Village, NV 89451
SOLD 2026-03-18
Sold for $1,800,000 (listed at $1,935,000)
3 Beds
·
2.0 Baths
·
1,960 Sq Ft
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About This Property

7 minutes from town with full IVGID privileges! This beautifully updated mountain home offers peace and privacy on a quiet cul-de-sac in tax-friendly Incline Village, Nevada, with filtered lake views and forested land to the west. The open great room features vaulted ceilings, expansive sun-drenched windows, and seamless access to a spacious deck—ideal for entertaining. A bright kitchen and dining area enhance the indoor-outdoor living experience. Two guest bedrooms and a full bath are on the main level, while the private primary suite and loft above provide a quiet retreat. Recent improvements include updated lighting, a resealed deck, storm-ready rolling wood shutters, a newer gas furnace, and more. A level, south-facing driveway, two-car garage, fenced backyard, and ample storage add convenience. Sold fully furnished, this turnkey home blends comfort, style, and functionality in one of Incline’s most tranquil and sought-after low-elevation neighborhoods.

Listed by Amie Quirarte — Chase International

Listing Details

Status Closed
MLS # 1018344
Sold Date 2026-03-18
Sold Price $1,800,000
Price/Sq Ft $987

Property History

Jul 23, 2025
Listed for sale
$2,100,000
Current
Sold
$1,800,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,960
Lot Size 0.18 acres
Stories 2
Year Built 1981
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-521-11
Parking
Garage Spaces 2
Parking Features Two Car Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Sprinkler/Irrigation,Landscaping
Lot Features Corner Lot,Level
View Lake
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $5,688

STR Investment Summary — 558 Valley Drive, Incline Village

Est. Gross Annual Revenue
$40K – $65K
typically ~$55,000
Avg Nightly Rate
$335
Projected Occupancy
45.0%
Cap Rate
1.1%
Structural Score: 74 / 100 (Premium) · 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
3,803 sq ft covered of 408 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,153 sq ft
Allowed Coverage
408 sq ft · 5%
Existing Coverage
3,803 sq ft · 47%
Addable Coverage
0 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 ↗ How the Basin compares
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