$1,895,000 Active Under Contract
671 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
·
3.0 Baths
·
2,690 Sq Ft

About This Property

Beautiful lake views and exceptional privacy define 671 Saddlehorn Drive, a remodeled Incline Village home surrounded by open space and forest. Bordering Nevada state land on one side, with IVGID and Forest Service land behind and three Forest Service lots across the street, the setting offers rare seclusion and peaceful mountain living. Inside, the updated kitchen features rustic beech cabinetry, stainless steel appliances, slab soapstone counters, a breakfast bar island, and walk-in pantry. Upgrades include a heated driveway, dual-pane windows, hardwood and tile flooring, front and rear decks, and newer boiler system. The flexible floor plan offers one bedroom and bath on each level, plus versatile spaces for guests, work, or recreation. The upper-level primary suite captures lake views and includes a remodeled bath with Jacuzzi tub, laundry access, and walk-in closet. A deep finished two-car garage, terraced landscaping, and automatic sprinklers complete this serene Tahoe retreat.

Listed by Cole Mizak — Compass

Listing Details

Status Active Under Contract
MLS # 1018948
Days on Market 45
Price/Sq Ft $704

Property History

Jun 04, 2026
Listed for sale
$1,895,000
Current
Pending
$1,895,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,690
Lot Size 0.55 acres
Stories 3
Year Built 1984
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-561-06
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Heated Driveway
Lot Features Backs to Greenbelt/Park,Stream/Creek,Wooded
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Metal,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $7,562
📊

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 — 671 Saddlehorn Drive, Incline Village

Est. Annual Revenue
$56,790
Avg Nightly Rate
$304
Projected Occupancy
51.2%
Cap Rate
1.2%
Structural Score: 69 / 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
2,814 sq ft covered of 240 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
23,968 sq ft
Allowed Coverage
240 sq ft · 1%
Existing Coverage
2,814 sq ft · 12%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($379,000)
Home price
$1,895,000
Loan details
30-yr fixed, 6.5%
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