Sold $3,700,000 $3,900,000 Closed
701 CRISTINA Drive
Incline Village, NV 89451

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SOLD 2026-05-26
Sold for $3,700,000 (listed at $3,900,000)
4 Beds
·
3.5 Baths
·
4,356 Sq Ft
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It sold for $3,700,000 on 2026-05-26, 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

Eastern Slope beautifully remodeled mountain home with peeks of Lake Tahoe. Street level entry with entry level office and stairs down to main living area. The gourmet kitchen and breakfast nook opens to a family room with gas fireplace and deck, with a dining room and 1/2 bath on this level. Stairs down to the great room with newly vaulted ceilings, skylights, wood burning fireplace, and large deck. The primary suite is down a private staircase, boasting a gorgeous tiled bath with freestanding garden tub and heated floors, a walk-in closet, study/gym, laundry room, and covered deck. The guest quarters are in a private wing with 3 bedrooms (1 en-suite) and deck to rear yard. Owners did an extensive remodel to the kitchen, baths, flooring, decks and finishes. New split system AC in upstairs living areas and primary suite. The property is fully fenced, and abuts forest service land to the south, and a large estate to the west, mid-elevation with easy access to Village and Mt. Rose Hwy.

Listed by Alexis Cerretti — Compass

Listing Details

Status Closed
MLS # 1018687
Sold Date 2026-05-26
Sold Price $3,700,000
Price/Sq Ft $895

Property History

Feb 24, 2026
Listed for sale
$4,675,000
Current
Sold
$3,700,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 4,356
Lot Size 0.37 acres
Stories 3
Year Built 1979
Property Type Single Family Residence
Style Mountain,Split Level
County Washoe
STR Jurisdiction Washoe County
APN 126-251-12
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Fence
Lot Features No Backyard Grass
View Lake
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Passive Solar,Forced Air,Gas,Solar
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $21,989

STR Investment Summary — 701 CRISTINA Drive, Incline Village

Est. Gross Annual Revenue
$85K – $120K
typically ~$105,000
Avg Nightly Rate
$899
Projected Occupancy
32.0%
Cap Rate
1.1%
Structural Score: 75 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (262 comparable 4-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
3,381 sq ft covered of 160 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
16,050 sq ft
Allowed Coverage
160 sq ft · 1%
Existing Coverage
3,381 sq ft · 21%
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

$8,100 – $12,000/yr
about $838/mo
Est. Rebuild Cost (Coverage A)
$2,395,800

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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