$2,750,000 Active
650 Martis Peak Rd.
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
·
2,315 Sq Ft

About This Property

Your Tahoe dream starts here! This RARE SINGLE-LEVEL gem in the coveted Lakeview subdivision blends comfort, charm, and endless potential. Sunlight fills the interior through abundant windows, and even a peek view of the lake. Set on over half an acre, this corner lot offers room to relax, entertain, or possibly even build an ADU. Three stone fireplaces; two are gas, and one is wood burning with a gas starter. Recent updates shine with red light therapy sauna; new granite slab countertops; slate, and hardwood flooring; new light fixtures; fresh paint; and some newer appliances and faucets. Enjoy morning coffee on the front deck, summer evenings in your private fenced backyard with patio, let pets roam in the fenced yard. A short walk to Lake Tahoe’s Burnt Cedar Beach. An oversized two-car garage adds convenience. Keep it as your mountain retreat, turn it into a smart investment, or build something entirely new—the choice is yours!

Listed by John Eppolito — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018832
Price/Sq Ft $1,188

Property History

May 01, 2026
Listed for sale
$2,750,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,315
Lot Size 0.52 acres
Stories 1
Year Built 1967
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-192-05
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Fence,Handicap Accessible,Private Yard
Lot Features Level
View Trees/Woods
Utilities & Systems
Heating Hot Water
Financial
Annual Tax $7,354
📊

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 — 650 Martis Peak Rd., Incline Village

Est. Annual Revenue
$81,991
Avg Nightly Rate
$645
Projected Occupancy
34.6%
Cap Rate
1.2%
Structural Score: 70 / 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% ($550,000)
Home price
$2,750,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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