$2,500,000 $3,900,000 ↓ $1,400,000 reduced Active
720 Mays Boulevard
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Cedars East HOA does not allow short-term rentals.
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About This Property

Your chance to build your dream home in Incline Village, NV. A level, vacant lot on .42 Acres, situated on a prime location on Mays Blvd, in the popular low elevation Lakeview Subdivision. Close proximity to Burnt Cedar Beach, Village Shopping Center, and the pedestrian/bike path on Lakeshore Blvd. Residents enjoy Incline beaches, golf courses, Diamond Peak Ski Resort, tennis courts, skateboard park, mountain bike trails, hiking, and a variety community facilities for recreation and outdoor activities. Nevada residents also enjoy favorable tax advantages. This is a rare opportunity to start with a clean slate and build a fantastic property to enjoy Lake Tahoe and Incline Village amenities, and a peek view of the lake!

Listed by Kerry Donovan — Chase International

Listing Details

Status Active
MLS # 1010256
Days on Market 1522

Property History

May 20, 2022
Listed for sale
$2,500,000
Property Overview
Lot Size 0.43 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-194-19
Exterior & Lot
Lot Features Level
View Lake,Trees/Woods
Financial
Annual Tax $11,780
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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 — 720 Mays Boulevard, Incline Village

Est. Annual Revenue
$27,880
Avg Nightly Rate
$160
Projected Occupancy
47.6%
Cap Rate
0.4%
Structural Score: 45 / 100 (Standard) · STR Zone: Red

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

Room to build
13 sq ft covered of 5,574 sq ft allowed
5,561 sq ft of coverage still available to add.
Parcel Size
18,580 sq ft
Allowed Coverage
5,574 sq ft · 30%
Existing Coverage
13 sq ft · 0%
Addable Coverage
5,561 sq ft
IPES Score
859.0

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% ($500,000)
Home price
$2,500,000
Loan details
30-yr fixed, 6.5%
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