Sold $3,650,000 $3,898,000 Closed
721 Cristina Drive
Incline Village, NV 89451

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SOLD 2025-10-20
Sold for $3,650,000 (listed at $3,898,000)
5 Beds
·
3.5 Baths
·
3,308 Sq Ft
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Our data on this home

About This Property

Located on Incline Village’s sought-after Eastern Slope, this freshly renovated mountain retreat offers strong lake views, modern comforts, and direct access to U.S. Forest Service land—preserving your views and creating a natural winter playground right in your backyard. The spacious, fully fenced yard features a tranquil waterfall and plenty of room for pets and people to play. There's also plenty of space to park a boat or recreational vehicle. Inside, the sunlit open-concept living area is framed by vaulted wood-beamed ceilings and expansive windows that draw in natural light and views of the lake and pines. Newly refreshed kitchen. Ample storage and a two-car garage with copper door and custom trim. Enjoy outdoor living on two decks—ideal for entertaining or quiet mornings in the mountain air. This is more than a home—it’s a private Tahoe escape with unbeatable views and year-round recreation at your doorstep. NV tax advantages and Incline Village recreational amenities.

Listed by Karen Bruno — Dickson Realty

Listing Details

Status Closed
MLS # 1018243
Sold Date 2025-10-20
Sold Price $3,650,000
Price/Sq Ft $1,178

Property History

Jun 13, 2025
Listed for sale
$4,248,000
Current
Sold
$3,650,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 3,308
Lot Size 0.36 acres
Stories 2
Year Built 1984
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 126-251-03
Parking
Garage Spaces 2
Parking Features Two Car Garage,Outside,RV Access/Parking,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Backs to Greenbelt/Park,Pond on Lot
View Lake,Mountain(s),Trees/Woods
Construction Frame,Stone
Roof Pitched
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Radiant Floor
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $13,433

STR Investment Summary — 721 Cristina Drive, Incline Village

Est. Gross Annual Revenue
$80K – $120K
typically ~$100,000
Avg Nightly Rate
$856
Projected Occupancy
32.0%
Cap Rate
1.0%
Structural Score: 67 / 100 (Premium) · 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
3,768 sq ft covered of 152 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
15,184 sq ft
Allowed Coverage
152 sq ft · 1%
Existing Coverage
3,768 sq ft · 25%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a
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

$6,200 – $9,100/yr
about $638/mo
Est. Rebuild Cost (Coverage A)
$1,819,400

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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