Sold $8,200,000 Closed
579 Fallen Leaf Way
Incline Village, NV 89451

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SOLD 2026-10-08
Sold for $8,200,000
5 Beds
·
6.5 Baths
·
4,574 Sq Ft
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It sold for $8,200,000 on 2026-10-08, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

From the moment you step foot into this completely rebuilt residence on the coveted, quiet court of Fallen Leaf Way, the sparkling blue waters of Lake Tahoe capture the gaze and all is at peace. The sense of arrival is undeniable—natural light pours through a 50' wall of floor-to-ceiling windows, flamed basalt grounds the 18' grand ceilings, custom steel and white oak railings create striking contrast, and rift white oak cabinetry surrounds an 11' x 5' double-waterfall Taj Mahal quartzite island. This ultra-refined yet relaxed feeling is no accident. Meticulous craftsmanship and a no-expense-spared approach have created a serenity that must be experienced. Five ensuite bedrooms, Finnish cedar sauna, conditioned wine room, media room, wet bar, hot tub, gym and elevator elevate the experience, while heated floors, heated garage, Lutron lighting control and shades, Sonos audio, and a backup generator deliver the next level of Lake Tahoe luxury.

Listed by Kaili Sanchez — Compass

Listing Details

Status Closed
MLS # 1019160
Sold Date 2026-10-08
Sold Price $8,200,000
Price/Sq Ft $1,793

Property History

Sep 03, 2026
Listed for sale
$8,200,000
Sep 06, 2026
Pending
$8,200,000
Oct 08, 2026
Sold
$8,200,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2024 · county record $2,750,000 Deed record — brokerage sides not reported
Oct 2026 · this listing $8,200,000 (+198%) Kaili SanchezCompass Todd DisbrowEngel & Volkers

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 5
Baths 6.5
Sq. Ft. 4,574
Lot Size 0.67 acres
Stories 3
Year Built 1988
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-523-05
Parking
Garage Spaces 2
Parking Features Attached,Front Entry,Garage,Two Car Garage,Private,Electric Vehicle Charging Station(s)
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Hot Tub/Spa,Patio,Private Yard,Security Lighting
View Lake,Mountain(s),Panoramic,Creek/Stream,Trees/Woods
Roof Metal
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $10,410
HOA & Community
Community Amenities Beach Rights,Clubhouse,Controlled Access,Fitness Center,Pier,Pool,Sauna,Spa/Hot Tub,Tennis Court(s)

STR Investment Summary — 579 Fallen Leaf Way, Incline Village

Est. Gross Annual Revenue
$130K – $185K
typically ~$160,000
Avg Nightly Rate
$1370
Projected Occupancy
32.0%
Cap Rate
0.8%
Structural Score: 79 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (70 comparable 5-bedroom rentals, 2026-10); 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
3,849 sq ft covered of 1,451 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
29,023 sq ft
Allowed Coverage
1,451 sq ft · 5%
Existing Coverage
3,849 sq ft · 13%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1b, 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

Home Insurance Estimate

Standard homeowners policy for this home

$8,600 – $12,600/yr
about $883/mo
Est. Rebuild Cost (Coverage A)
$2,515,700

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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