Sold $3,575,000 $3,700,000 Closed
689 Tyner Way
Incline Village, NV 89451

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SOLD 2026-02-02
Sold for $3,575,000 (listed at $3,700,000)
6 Beds
·
6.5 Baths
·
5,966 Sq Ft
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About This Property

Call Listing Agent in regards to the Up Coming Property Auction. Starts December 29, 2025, Start Bid 2,296,000. A Rare Opportunity in Incline Village — Panoramic Lakeview Estate Welcome to an exceptional bank-owned estate in the heart of Incline Village, Nevada — a true gem offering nearly 6,000 square feet of luxurious mountain living with sweeping, unobstructed views of Lake Tahoe. This six-bedroom, six-bathroom architectural masterpiece effortlessly combines timeless elegance with income-generating potential, making it ideal as either a high-end vacation rental or an extraordinary multigenerational family retreat. Designed with craftsmanship in mind, the home features intricate inlaid flooring, rich custom woodwork, and hand-selected granite finishes throughout. Every corner reflects attention to detail, from the spacious entertaining areas to the serene, spa-like bathrooms complete with saunas — perfect for unwinding after a day on the lake or slopes. The floor plan offers remarkable flexibility: the main living level is accessible via a level entry, while two fully independent guest quarters with private exterior entrances lie tucked beneath the garage — ideal for extended family, guests, or rental occupants seeking both comfort and privacy. The expansive windows and open-concept design frame a dramatic, full panorama of Lake Tahoe, creating an immersive natural experience from nearly every room. Step onto the generous decks to enjoy al fresco dining, morning coffee, or sunset reflections over the water — all in absolute tranquility. Whether you envision a luxury short-term rental with strong income history or the ultimate lake house to gather family and friends in every season, this one-of-a-kind home delivers. Properties of this caliber, size, and setting rarely become available — schedule your private showing today and experience Lake Tahoe living at its finest.

Listed by John Green — Advance Realty Professionals

Listing Details

Status Closed
MLS # 250053222
Sold Date 2026-02-02
Sold Price $3,575,000
Price/Sq Ft $620

Property History

Jul 17, 2025
Listed for sale
$4,524,000
Current
Sold
$3,575,000
Property Overview
Beds 6
Baths 6.5
Sq. Ft. 5,966
Lot Size 0.36 acres
Stories 3
Year Built 1980
Property Type Single Family Residence
Subdivision Incline Village 2
County Washoe
STR Jurisdiction Washoe County
APN 125-134-08
Parking
Garage Spaces 3
Total Parking 3
Parking Features Additional Parking, Detached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters, None
Lot Features Sloped Down
View Peek, Trees/Woods
Construction Unknown
Roof Asphalt
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Baseboard, Forced Air
Financial
Annual Tax $17,005
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village

STR Investment Summary — 689 Tyner Way, Incline Village

Est. Gross Annual Revenue
$115K – $160K
typically ~$140,000
Avg Nightly Rate
$1300
Projected Occupancy
29.5%
Cap Rate
1.5%
Structural Score: 79 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (70 comparable 5-bedroom rentals, 2026-10); 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
3,431 sq ft covered of 3,033 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
15,167 sq ft
Allowed Coverage
3,033 sq ft · 20%
Existing Coverage
3,431 sq ft · 23%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4
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

Home Insurance Estimate

Standard homeowners policy for this home

$11,200 – $16,400/yr
about $1,150/mo
Est. Rebuild Cost (Coverage A)
$3,281,300

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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