$3,998,000 Active
656 14th Green Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
2.5 Baths
·
3,288 Sq Ft
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About This Property

This classic traditional residence is located on a beautiful, shy half acre lot w/120 ft of golf course frontage, on one of Incline's most coveted streets. The gated drive w/extra parking leads to lushly landscaped grounds surrounding this enticing 4 bedroom, 2.5 bath home, which showcases spectacular south-facing views of the 5th fairway from almost every room. With all living spaces on the entry level, the convenient floor plan provides easy access to the rear deck w/spa tub, completely fenced rear yard, & golf course. The second level primary suite offers a luxury bath w/jetted tub & separate shower. The 4th bedroom provides a great office & exercise space. The two-car garage w/new epoxy flooring is just steps from the spacious & inviting kitchen w/breakfast area & island seating. Including the entry level family room, this meticulously maintained home is perfect for entertaining family and guests. The timeless, quality remodel enhances the desirability of this outstanding property.

Listed by Christine Ferris — Lakeshore Realty

Listing Details

Status Active
MLS # 1019125
Days on Market 2
Price/Sq Ft $1,216

Property History

Aug 15, 2026
Listed for sale
$3,998,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jun 1999 · county record $800,000 Deed record — brokerage sides not reported

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.

Property Overview
Beds 4
Baths 2.5
Sq. Ft. 3,288
Lot Size 0.49 acres
Stories 2
Year Built 1968
Property Type Single Family Residence
Style Traditional
County Washoe
STR Jurisdiction Washoe County
APN 131-012-42
Parking
Garage Spaces 2
Parking Features Attached,Door-Multi,Front Entry,Garage,Two Car Garage,Outside,Boat,Garage Door Opener,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence,Hot Tub/Spa,Sprinkler/Irrigation,Landscaping
Lot Features On Golf Course,Sloped,Wooded
View Golf Course,Mountain(s),Trees/Woods
Construction Frame,Shingle Siding,Stone,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $13,019
📊

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 — 656 14th Green Drive, Incline Village

Est. Annual Revenue
$150,345
Avg Nightly Rate
$1285
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
4,884 sq ft covered of 6,355 sq ft allowed
1,471 sq ft of coverage still available to add.
Parcel Size
21,183 sq ft
Allowed Coverage
6,355 sq ft · 30%
Existing Coverage
4,884 sq ft · 23%
Addable Coverage
1,471 sq ft
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 ↗

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% ($799,600)
Home price
$3,998,000
Loan details
30-yr fixed, 6.5%
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