$8,495,000 Closed
563 Knotty Pine Drive
Incline Village, NV 89451
SOLD 2026-08-17
Sold for $8,500,000 (listed at $8,495,000)
4 Beds
·
5.5 Baths
·
6,832 Sq Ft
Virtual Tour

About This Property

Some views you look at. This one you feel. Above Lake Tahoe with views that shift from gold dawns to fiery sunsets, sweeping from Sand Harbor to Alpine Meadows, 563 Knotty Pine Drive offers 6,832 sq ft of refined mountain living with scale, serenity, and rare privacy. Thoughtfully refreshed with new flooring and interior paint, the home features expansive living and dining spaces, an open-concept great room, two lakeview offices, and walls of glass that frame the water like living art. Four en-suite bedrooms include a primary suite and junior suite with private lakeview decks. The lower level is designed for wellness and recreation with space for fitness or yoga, sauna, steam shower, indoor spa, and a flexible recreation/theater room. Practical luxury includes a heated driveway, 3 car garage, 340 sq ft of extra storage, and a new 50 year roof. Enjoy Nevada tax benefits and Incline amenities, including private beaches, golf, pickleball, recreation facilities, and skiing.

Listed by Heather Bacon — Compass

Listing Details

Status Closed
MLS # 1018965
Sold Date 2026-08-17
Sold Price $8,500,000
Price/Sq Ft $1,243

Property History

Jun 26, 2026
Listed for sale
$8,495,000
Jul 20, 2026
Pending
$8,495,000
Aug 18, 2026
Sold
$8,500,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2003 · county record $4,200,000 Deed record — brokerage sides not reported
Aug 2026 · this listing $8,500,000 (+102%) Heather BaconCompass Susan LoweChase International

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 5.5
Sq. Ft. 6,832
Lot Size 0.42 acres
Stories 3
Year Built 2001
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 122-123-06
Parking
Garage Spaces 3
Parking Features Attached,Door-Multi,Garage,Three Car Garage,Garage Door Opener,Private,Garage Faces Side
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Heated Driveway,Sprinkler/Irrigation,Landscaping,Patio,Private Yard,Rain Gutters,Water Feature
View Lake,Mountain(s),Panoramic,Trees/Woods
Construction Frame,Shingle Siding,Steel
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $35,011

STR Investment Summary — 563 Knotty Pine Drive, Incline Village

Est. Gross Annual Revenue
$80K – $110K
typically ~$95,000
Avg Nightly Rate
$813
Projected Occupancy
32.0%
Cap Rate
0.4%
Structural Score: 78 / 100 (Luxury) · 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

Over coverage limit
4,749 sq ft covered of 3,632 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
18,160 sq ft
Allowed Coverage
3,632 sq ft · 20%
Existing Coverage
4,749 sq ft · 26%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
2
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 ↗
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