$3,499,000 Active
647 Saddlehorn Drive
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
·
3.5 Baths
·
2,821 Sq Ft

About This Property

Designed for modern mountain living, this custom residence offers clean architectural lines, warm natural materials and a seamless connection to its forest setting. Expansive windows frame the surrounding pines, filling the home’s main living spaces with natural light. Radiant heated floors, walnut millwork, natural stone finishes, a dramatic steel-and-walnut staircase, and Lutron Smart Home technology define the home throughout. Near-level entry adds everyday convenience. The chef’s kitchen features custom walnut cabinetry, premium appliances, a walk-in pantry, and a handcrafted walnut waterfall bar extending from the island. Three en-suite bedrooms with private decks. A first-floor wet bar serves the lawn and outdoor entertaining areas, private rooftop terrace with interior access. Full IVGID privileges include: Private Lake Tahoe Beaches, Diamond Peak Ski Resort, Golf, Tennis, Pickleball, Fitness Facilities, and year-round recreation, all within Nevada’s favorable tax environment.

Listed by Veronica Lewis — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019017
Days on Market 1
Price/Sq Ft $1,240

Property History

Jun 30, 2026
Listed for sale
$3,499,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,821
Lot Size 0.19 acres
Stories 2
Year Built 2026
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 12554113
Parking
Garage Spaces 2
Parking Features Attached,Front Entry,Garage,Two Car Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Landscaping,Patio,Rain Gutters
Lot Features Level
View Mountain(s),Trees/Woods
Construction Frame,Steel
Roof Composition,Flat
Utilities & Systems
Heating Natural Gas,Radiant,Electric,Floor Furnace,Gas,Hot Water,Other,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $13,872
📊

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 — 647 Saddlehorn Drive, Incline Village

Est. Annual Revenue
$164,853
Avg Nightly Rate
$1409
Projected Occupancy
32.0%
Cap Rate
1.9%
Structural Score: 68 / 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
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% ($699,800)
Home price
$3,499,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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