$3,500,000 Active
751 Allison Drive
Incline Village, NV 89451

Get homes like this by email

When a home like this lists in Incline Village at a similar price and size, we email you the same day. No account needed.

✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
2,919 Sq Ft
Virtual Tour

Our data on this home

About This Property

Perched above a picturesque canyon with expansive views and the soothing sounds of a year-round creek, this beautifully remodeled mountain retreat offers exceptional privacy on nearly an acre, bordered on three sides by U.S. Forest Service land. Soaring cathedral ceilings, natural stone, and warm wood accents complement the open-concept great room and updated kitchen. Featuring 4 bedrooms and 4.5 baths, including a main-level primary suite, this home offers flexible living spaces throughout. The reimagined lower level includes a spacious bonus room, kitchenette, gas stove, and additional bathroom. Extensive upgrades include remodeled bathrooms, updated flooring, electrical improvements, and a Tesla EV charger. Relax in the outdoor hot tub while taking in the spectacular canyon setting. Enjoy Incline Village's private beaches, golf courses, Diamond Peak Ski Resort, tennis, pickleball, and recreation center amenities, subject to applicable access requirements.

Listed by Denise Bremer — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019245
Days on Market 1
Price/Sq Ft $1,199

Property History

Oct 29, 2026
Listed for sale
$3,500,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2015 · county record $1,110,000 Deed record — brokerage sides not reported
Oct 2020 · county record $1,825,000 (+64%) Deed record — brokerage sides not reported

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 4
Baths 4.5
Sq. Ft. 2,919
Lot Size 0.82 acres
Stories 3
Year Built 1982
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-051-04
Parking
Garage Spaces 2
Parking Features Attached,Door-Multi,Front Entry,Garage,Two Car Garage,Electric Vehicle Charging Station(s),Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Patio
Lot Features Cul-De-Sac,Backs to Greenbelt/Park,Wooded,Level
View Mountain(s),Panoramic,Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $9,448
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
71
PROJECTED GROSS ANNUAL REVENUE
$75K – $110K typically ~$90,000
~$7,500 per month
Avg Nightly
$771
Occupancy
32%
Cap Rate
1.0%

STR Investment Summary — 751 Allison Drive, Incline Village

Est. Gross Annual Revenue
$75K – $110K
typically ~$90,000
Avg Nightly Rate
$771
Projected Occupancy
32.0%
Cap Rate
1.0%
Structural Score: 71 / 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
2,100 sq ft covered of 356 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
35,564 sq ft
Allowed Coverage
356 sq ft · 1%
Existing Coverage
2,100 sq ft · 6%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1c
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

$5,500 – $8,000/yr
about $562/mo
Est. Rebuild Cost (Coverage A)
$1,605,450

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$19,048 per month
Principal & interest
$17,698/mo
Property taxes
$787/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$563/mo
Estimated ~$5,500–$8,000/yr — get a local broker quote for accuracy.
Down payment
20% ($700,000)
Home price
$3,500,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message