Sold $1,750,000 $1,895,000 Closed
698 Saddlehorn Drive
Incline Village, NV 89451

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SOLD 2026-04-20
Sold for $1,750,000 (listed at $1,895,000)
3 Beds
·
3.0 Baths
·
2,198 Sq Ft
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It sold for $1,750,000 on 2026-04-20, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

This beautifully designed A-frame is perched on a quiet hillside in tax-friendly Nevada. This 3-bedroom, 3-bathroom retreat offers the perfect blend of mountain charm, comfort, and access to Lake Tahoe's world-class amenities. Surrounded by trees and filtered lake views, this home invites nature in from every angle. The trailhead is just steps away, perfect for year-round hikes. The main living space, located on the second level, features vaulted ceilings, dramatic cathedral windows, and a wood-burning fireplace, creating a warm and inviting great room. Two sets of glass doors open to a semi-circular deck, perfect for dining, relaxing, or entertaining. The chef’s kitchen has cherry cabinetry, double ovens, 6-burner cooktop with an indoor grill. Upstairs, the private primary suite offers breathtaking lake views—even from the shower. On the lower level, two bedrooms each open to their deck and an inviting hot tub. Seller will be installing new driveway. A Perfect Cozy Mountain Cabin.

Listed by Khal Pluckhan — Sierra Sotheby's International

Listing Details

Status Closed
MLS # 1018230
Sold Date 2026-04-20
Sold Price $1,750,000
Price/Sq Ft $862

Property History

Jun 06, 2025
Listed for sale
$1,995,000
Current
Sold
$1,750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2026 $1,750,000 Khalmanie PluckhanSierra Sothebys Intl. Realty Sabrina BelleciCasa Tua

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,198
Lot Size 0.23 acres
Stories 3
Year Built 1984
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-551-01
Parking
Garage Spaces 2
Parking Features Front Entry,Garage,Two Car Garage,Open,Off Street,Outside,Public,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Hot Tub/Spa,Sprinkler/Irrigation,Landscaping,Patio,Private Yard
Lot Features Wooded
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Metal
Utilities & Systems
Heating Electric,Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $5,695

STR Investment Summary — 698 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: 67 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-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
2,288 sq ft covered of 97 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,699 sq ft
Allowed Coverage
97 sq ft · 1%
Existing Coverage
2,288 sq ft · 24%
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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$3,100 – $4,600/yr
about $321/mo
Est. Rebuild Cost (Coverage A)
$923,160

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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