$2,220,750 $2,286,000 ↓ $65,250 reduced Active
581 Chico Court
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
3.0 Baths
·
2,538 Sq Ft
Virtual Tour

About This Property

Nestled among the trees and bordered by Forest Service land on two sides, this beautifully updated mountain retreat offers privacy, tranquility, and filtered lake views. With 2,538 square feet, 3 bedrooms, and 3 full bathrooms, the home blends modern upgrades with classic Tahoe charm. Inside, vaulted ceilings, skylights, and a gorgeous stone fireplace create a warm and inviting atmosphere. The updated kitchen and bathrooms feature tasteful finishes, while the spacious living area includes a gas fireplace with circulating fan. Additional highlights include a wet bar, built-in wine refrigerators, soaking tub, ceiling fans, and LED lighting throughout. Designed for year-round comfort, the home also features central air conditioning, an emergency generator, tankless water heater, new roof, fresh exterior stain/paint, and freshly sealed driveway. Plus NV Tax advantages and full Rec privileges. Great Home for Entertaining.

Listed by John Cook — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018867
Days on Market 91
Price/Sq Ft $875

Property History

May 14, 2026
Listed for sale
$2,220,750
Jun 20, 2026
Price changed
$2,220,750

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $1,025,000 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 3
Baths 3.0
Sq. Ft. 2,538
Lot Size 0.21 acres
Stories 3
Year Built 1981
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 125-564-04
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $7,409
📊

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 — 581 Chico Court, Incline Village

Est. Annual Revenue
$53,862
Avg Nightly Rate
$288
Projected Occupancy
51.1%
Cap Rate
1.0%
Structural Score: 55 / 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
2,466 sq ft covered of 149 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,522 sq ft
Allowed Coverage
149 sq ft · 2%
Existing Coverage
2,466 sq ft · 26%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
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 ↗

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% ($444,150)
Home price
$2,220,750
Loan details
30-yr fixed, 6.5%
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