$2,188,000 Active
656 Tumbleweed Circle
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
·
3.5 Baths
·
2,063 Sq Ft

About This Property

Set within a quiet Lower Tyner enclave, bordered by US Forestry land across and behind, this mountain home offers privacy and filtered Lake Tahoe views through tall pines. A main level entry leads directly into open living and dining spaces finished with distressed hardwood floors, exposed beams, and a brick accented freestanding fireplace. The kitchen blends character and function, featuring a reclaimed wood island with butcher block surface, painted maple cabinetry, white quartz counters, stainless appliances, and a farmhouse sink. The upper level includes four bedrooms, anchored by a primary suite with private balcony, soaking tub, stall shower, and dual vanity. Downstairs, a spacious game room with bar opens to the backyard and newly built stone patio, complemented by a fully renovated bath and a custom cedar sauna that replaced the former steam shower. The exterior has been freshly painted, and an 8 person hot tub completes the outdoor setting. Furnishings & decor are negotiable.

Listed by Mark Salmon — Compass

Listing Details

Status Active
MLS # 1019107
Days on Market 1
Price/Sq Ft $1,061

Property History

Aug 06, 2026
Listed for sale
$2,188,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2018 · county record $665,000 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 3.5
Sq. Ft. 2,063
Lot Size 0.26 acres
Stories 3
Year Built 1989
Property Type Single Family Residence
Style Traditional
County Washoe
STR Jurisdiction Washoe County
APN 125-544-10
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Hot Tub/Spa,Patio
Lot Features Backs to Greenbelt/Park,Sloped
View Lake,Mountain(s),Trees/Woods
Construction Frame,Stone
Roof Metal,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $6,713
📊

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 Tumbleweed Circle, Incline Village

Est. Annual Revenue
$53,058
Avg Nightly Rate
$298
Projected Occupancy
48.9%
Cap Rate
1.0%
Structural Score: 57 / 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

Over coverage limit
1,826 sq ft covered of 565 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,298 sq ft
Allowed Coverage
565 sq ft · 5%
Existing Coverage
1,826 sq ft · 16%
Addable Coverage
0 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% ($437,600)
Home price
$2,188,000
Loan details
30-yr fixed, 6.5%
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