$2,999,000 Active
628 Martis Peak Road
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
·
2.0 Baths
·
1,519 Sq Ft

About This Property

Classic Tahoe charm in one of Incline Village’s most coveted neighborhoods. Nestled in the prestigious Lakeview subdivision, this warm and inviting cabin captures the essence of old Tahoe living with cozy interiors, timeless character, and beautiful lake views from the expansive deck—perfect for morning coffee or sunset evenings. Inside, hardwood floors, a gas fireplace, and an updated kitchen with granite countertops create a comfortable mountain retreat ready to enjoy today. Just steps from the beach, this rare offering also presents exceptional future potential with 3,617 sq. ft. of verified allowable coverage and proposed plans by renowned architect Phil Gilanfarr. Enjoy it now as the quintessential Tahoe getaway, or create a legacy property in an irreplaceable location.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1018836
Price/Sq Ft $1,974

Property History

Apr 30, 2026
Listed for sale
$2,999,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,519
Lot Size 0.42 acres
Stories 2
Year Built 1962
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-129-02
Parking
Parking Features Carport
Exterior & Lot
Exterior Features Deck
View Lake
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $9,342
📊

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 — 628 Martis Peak Road, Incline Village

Est. Annual Revenue
$46,474
Avg Nightly Rate
$488
Projected Occupancy
26.0%
Cap Rate
0.6%
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.

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($599,800)
Home price
$2,999,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373