$6,495,000 Active
623 Tyner Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
📋 STR Permit on File
Washoe County's public short-term-rental registry shows a permit on file for this home. Permits never transfer with a sale — a buyer applies for their own.
5 Beds
·
5.5 Baths
·
7,402 Sq Ft
Virtual Tour

About This Property

Where Tahoe architecture & nature become one. Set along the rushing waters of Second Creek, this extraordinary retreat pairs dramatic scale, warm mountain character & an exceptional connection to its setting. Walls of glass & soaring beams frame the interiors, while decks on every level invite life outdoors, including a newly expanded lower deck over the creek & a cedar sauna tucked beside the water. The chef’s kitchen opens to a striking great room anchored by a stone fireplace, while a glass-enclosed wine room creates a dramatic focal point for the collector. Built for fabulous entertaining, the fun unfolds from floor to floor. Gather for pool & poker on one level, then head downstairs for a dedicated theater, shuffleboard & expansive flex space ready for a gym, studio or more. Sophisticated yet never too serious, every level offers something to discover. Lush surroundings & the sound of flowing water complete a luxurious Tahoe retreat made for gathering & relaxing in every season.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1019202
Days on Market 1
Price/Sq Ft $877

Property History

Sep 30, 2026
Listed for sale
$6,495,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2020 · county record $2,990,000 Deed record — brokerage sides not reported
Jan 2023 · county record $4,100,000 (+37%) 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 5.5
Sq. Ft. 7,402
Lot Size 0.34 acres
Stories 3
Year Built 2005
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-482-30
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Heated Driveway,Sprinkler/Irrigation,Patio
Lot Features Backs to Greenbelt/Park,Stream/Creek,Wooded
View Creek/Stream
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $34,856
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
67
PROJECTED GROSS ANNUAL REVENUE
$125K – $175K typically ~$150,000
~$12,500 per month
Avg Nightly
$1284
Occupancy
32%
Cap Rate
0.9%

STR Investment Summary — 623 Tyner Way, Incline Village

Est. Gross Annual Revenue
$125K – $175K
typically ~$150,000
Avg Nightly Rate
$1284
Projected Occupancy
32.0%
Cap Rate
0.9%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (68 comparable 5-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
4,324 sq ft covered of 1,153 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
14,392 sq ft
Allowed Coverage
1,153 sq ft · 8%
Existing Coverage
4,324 sq ft · 30%
Addable Coverage
0 sq ft
IPES Score
762.0
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 ↗ How the Basin compares

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

$37,172 per month
Principal & interest
$32,842/mo
Property taxes
$2,905/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$1,425/mo
Estimated ~$13,800–$20,400/yr — get a local broker quote for accuracy.
Down payment
20% ($1,299,000)
Home price
$6,495,000
Loan details
30-yr fixed, 6.5%
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