$3,799,890 Active
577 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.
4 Beds
·
4.5 Baths
·
4,278 Sq Ft

About This Property

Offered for the first time by the original owners, this exceptional 4,278-sqft residence is nestled in Incline Villages highly sought-after Ponderosa neighborhood. Meticulously maintained since 1995, the home offers four bedrooms, four and a half bathrooms, Den/Office, soaring ceilings, expansive living spaces, and rich reclaimed tobacco factory wood flooring that adds warmth and character throughout. Designed for gathering, the expansive lower level features a spacious re room, wet bar, and temperature controlled wine room. Three patios extend the living space, including one with hot tub and another with built in bbq. Offered furnished, this home is ready to be enjoyed from day one. Forestry lots to the East and across the street, give added privacy and space, bonus! For those who know Incline Village, they understand the value of a premier low-elevation location, timeless quality, and a home ready for its next chapter, with FULL IVGID Privileges! See private remarks!

Listed by Jena Lanini — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019093
Days on Market 1
Price/Sq Ft $888

Property History

Aug 04, 2026
Listed for sale
$3,799,890

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 1995 · county record $870,000 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 4
Baths 4.5
Sq. Ft. 4,278
Lot Size 0.42 acres
Stories 2
Year Built 1995
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-126-07
Parking
Garage Spaces 3
Parking Features Three Car Garage,Off Street
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Landscaping,Patio,Private Yard,Rain Gutters
Lot Features Sloped
View Trees/Woods
Construction Frame,Shingle Siding,Stone Veneer
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $16,757
📊

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 — 577 Silvertip Drive, Incline Village

Est. Annual Revenue
$171,756
Avg Nightly Rate
$1468
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 56 / 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

Over coverage limit
4,626 sq ft covered of 3,674 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
18,372 sq ft
Allowed Coverage
3,674 sq ft · 20%
Existing Coverage
4,626 sq ft · 25%
Addable Coverage
0 sq ft
IPES Score
848.0
Land Capability · TRPA-verified
IPES
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% ($759,978)
Home price
$3,799,890
Loan details
30-yr fixed, 6.5%
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