$1,725,000 Closed
655 Saddlehorn Drive
Incline Village, NV 89451
SOLD 2026-09-15
Sold for $1,699,000 (listed at $1,725,000)
3 Beds
·
2.5 Baths
·
2,108 Sq Ft
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About This Property

Enjoy direct access to scenic views and forested trails at this updated Incline Village retreat. Situated on a flat, corner lot bordering USFS land—with storage galore—this split-level home is ideal for all the Tahoe seasons. The living, dining, and kitchen areas feature vaulted ceilings, abundant natural light, a cozy stone fireplace, and a large deck ideal for dining among the pines. The kitchen is made for gathering with bar seating, wine fridge, granite countertops, and stainless-steel appliances. The primary suite is a sanctuary boasting two walk-in closets & spa-inspired ensuite bath. Downstairs, a versatile 2nd living area, two generous bedrooms, full bath and laundry room offer a functional layout. The 2-car garage is great for mountain living. A large flat lot and wide driveway make winter access a breeze, and the home is located on a school bus route for priority snow plowing. NO HOA, full IVGID privileges & amenities like private beaches, discount golf and skiing.

Listed by Kendra Clark — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1019076
Sold Date 2026-09-15
Sold Price $1,699,000
Price/Sq Ft $818

Property History

Jul 23, 2026
Listed for sale
$1,725,000
Jul 27, 2026
Pending
$1,725,000
Jul 31, 2026
Relisted
$1,725,000
Aug 17, 2026
Pending
$1,725,000
Sep 15, 2026
Sold
$1,699,000
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 Split Level
County Washoe
STR Jurisdiction Washoe County
APN 125-541-02
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping
Lot Features Corner Lot,Wooded,Level
View Lake,Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $7,582

STR Investment Summary — 655 Saddlehorn Drive, Incline Village

Est. Gross Annual Revenue
$50K – $75K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.3%
Structural Score: 73 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,458 sq ft covered of 490 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,796 sq ft
Allowed Coverage
490 sq ft · 5%
Existing Coverage
2,458 sq ft · 25%
Addable Coverage
0 sq ft
IPES Score
769.0
Land Capability · TRPA-verified
IPES
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares
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