$1,800,000 Closed
637 Lariat Circle #1
Incline Village, NV 89451
SOLD 2025-10-06
Sold for $1,650,000 (listed at $1,800,000)
4 Beds
·
3.0 Baths
·
2,467 Sq Ft

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It sold for $1,650,000 on 2025-10-06, 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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About This Property

Situated on a quiet, low-elevation loop in Incline Village, this updated mountain view condo combines comfort and convenience. New luxury vinyl flooring and carpet add a fresh, modern touch. Enjoy filtered lake views and natural light from windows in the south-facing great room, which flows into the dining area and kitchen with slab granite counters and a breakfast bar. A rock-accented fireplace adds warmth and charm. A versatile den or fourth bedroom with full bath is also on the main level. The spacious primary suite features direct garage access and a remodeled bath with a brand new walk-in shower, and large closet. Downstairs includes two bedrooms, a full bath, laundry, and walk-out paver patio overlooking forested open space. Highlights include two new water heaters, a backup generator, and a private side yard. This 4-unit HOA covers exterior upkeep and is managed by IPM. A private, quiet location and great value!

Listed by Trevor Anderson — Lakeshore Realty

Listing Details

Status Closed
MLS # 1018407
Sold Date 2025-10-06
Sold Price $1,650,000
Price/Sq Ft $730

Property History

Aug 17, 2025
Listed for sale
$1,800,000
Current
Sold
$1,650,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2024 $1,500,000 M Trevor SmithColdwell Banker Select —Nevada Licensee
Oct 2025 · this listing $1,650,000 (+10%) Trevor AndersonLakeshore Realty Suzie McSherryChase International

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 4
Baths 3.0
Sq. Ft. 2,467
Lot Size 0.00 acres
Stories 3
Year Built 1992
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 125-840-01
Parking
Garage Spaces 1
Parking Features One Car Garage
Attached Garage Yes
Exterior & Lot
View Lake,Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Financial
Annual Tax $5,238
HOA Fee $615 / Monthly

STR Investment Summary — 637 Lariat Circle #1, Incline Village

Est. Gross Annual Revenue
$65K – $105K
typically ~$85,000
Avg Nightly Rate
$518
Projected Occupancy
45.0%
Cap Rate
1.9%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Incline Village market data (265 comparable 4-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.

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