$1,899,000
655 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
·
2.5 Baths
·
2,108 Sq Ft
Virtual Tour

About This Property

Enjoy tranquility and the adventure of direct access to scenic views and trails at this thoughtfully updated Incline Village retreat. Situated on a flat, corner-lot bordering Forest Service land, with storage galore, this split-level home is ideal for all Tahoe seasons. The living and dining area welcomes with vaulted ceilings, the positivity of natural light, and a cozy gas fireplace surrounded in classic Tahoe stone. A gathering kitchen updated with elegant granite countertops and open space leads to dining, living, and a large upstairs deck ideal for dining among the pines. The primary suite is a sanctuary boasting dual walk-in closets and spa-inspired ensuite bath. Downstairs, a versatile second living area, two generous bedrooms, a full bath and laundry room offer privacy, comfort, and function: ideal for guests or family. Bonus oversized garage with additional side storage. No HOA, full IVGID privileges, enjoy access to Incline Village private beaches, discount golf and skiing.

Listed by Kendra Clark — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018161
Days on Market 195
Price/Sq Ft $901

Property History

May 21, 2025
Listed for sale
$1,899,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,108
Lot Size 0.23 acres
Year Built 1991
Property Type Single Family Residence
Style Traditional,Split Level
County Washoe
STR Jurisdiction Washoe County
APN 125-541-02
Parking
Garage Spaces 2
Parking Features Two Car Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Corner Lot,Wooded,Level
View Lake,Mountain(s),Trees/Woods
Construction Shingle Siding
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $5,800
📊

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 — 655 Saddlehorn Drive, Incline Village

Est. Annual Revenue
$58,838
Avg Nightly Rate
$508
Projected Occupancy
30.5%
Cap Rate
1.2%
Structural Score: 73 / 100 (Premium) · STR Zone: Yellow

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% ($379,800)
Home price
$1,899,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
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License #CA 02235314
Email 9166671444

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