Sold $11,709,000 $10,700,000 Closed
701 Fairview Boulevard
Incline Village, NV 89451

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SOLD 2026-05-15
Sold for $11,709,000 (listed at $10,700,000)
4 Beds
·
5.0 Baths
·
5,827 Sq Ft

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It sold for $11,709,000 on 2026-05-15, 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

Contemporary estate by Doc Gelso completed in 2015 and set on a private 5-acre street-to-street parcel with gated entry & exceptional seclusion. The exterior is clad in reclaimed 100-year-old barnwood, blending warmth with refined modern design. Expansive southwest-facing glass, clean architectural lines, & high-gloss cabinetry define the interior, complemented by a striking wine wall & a primary suite featuring a mirrored bath positioned to capture lake views. The main level offers seamless, step-free access & includes the living room, dining area, primary suite, office, & family room with panoramic doors opening to an expansive deck. Designed for indoor-outdoor living, the grounds feature extensive landscaping, water feature, spa, built-in BBQ, and generous entertaining areas overlooking the private acreage. Amenities include geothermal heating, air conditioning throughout, a three-car garage, and additional guest parking. Excess land coverage allows for a future casita or expansion.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1018753
Sold Date 2026-05-15
Sold Price $11,709,000
Price/Sq Ft $1,836

Property History

Apr 01, 2026
Listed for sale
$10,700,000
Current
Sold
$11,709,000
Property Overview
Beds 4
Baths 5.0
Sq. Ft. 5,827
Lot Size 5.00 acres
Stories 2
Year Built 2013
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 126-241-01
Parking
Garage Spaces 3
Parking Features Door-Multi,Garage,Three Car Garage,Garage Door Opener,Gated,Off Street
Attached Garage Yes
Exterior & Lot
Lot Features Irregular Lot,Wooded
View Lake,Panoramic,Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Radiant,Hot Water,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $74,458

STR Investment Summary — 701 Fairview Boulevard, Incline Village

Est. Gross Annual Revenue
$85K – $120K
typically ~$105,000
Avg Nightly Rate
$899
Projected Occupancy
32.0%
Cap Rate
0.4%
Structural Score: 74 / 100 (Premium) · 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
11,684 sq ft covered of 2,183 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
218,342 sq ft
Allowed Coverage
2,183 sq ft · 1%
Existing Coverage
11,684 sq ft · 5%
Addable Coverage
0 sq ft
IPES Score
660.0
Land Capability · TRPA-verified
IPES
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

$10,900 – $16,000/yr
about $1,121/mo
Est. Rebuild Cost (Coverage A)
$3,204,850

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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