$2,388,000 $2,500,000 ↓ $112,000 reduced Active Under Contract
796 Rosewood Circle
Incline Village, NV 89451
This home is under contract. See 6 similar homes for sale in and around Incline Village ↓

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✓ STR Allowed
Washoe County has no STR permit caps. Incline Creek Estates HOA allows short-term rentals.
More Lake Tahoe homes for sale where STRs are allowed →
4 Beds
·
3.5 Baths
·
2,703 Sq Ft

Our data on this home

Short-term rental income $70K – $115K/yr Est. gross · $578/night · 45.0% booked TRPA land coverage Est. above allowance 1,692 of 539 sq ft used Home insurance $5,100 – $7,400/yr Standard homeowners policy

About This Property

Newer luxury home in a private gated community nestled among towering pines. Features include 7" white oak flooring, 2 gas fireplaces, ceiling fans in Great Room and Master Bedroom, Stainless KitchenAid appliances, granite counters in luxury kitchen, large walk-in pantry, spa tub in Master Bath, upgraded carpet in bedrooms, quartz bath counters in Master, Jr. Master and laundry. Knotty alder cabinets, doors, and window trim through out. HOA covers ALL exterior maintenance and includes fire insurance. This sophisticated residence blends modern elegance with natural serenity, highlighted by rich knotty alder millwork. The chef-inspired kitchen features professional-grade appliances, while the master suite offers a tranquil retreat complete with a spa-inspired tub.

Listed by John Cook — Coldwell Banker Select

Listing Details

Status Active Under Contract
MLS # 1018792
Days on Market 204
Price/Sq Ft $883

Property History

Apr 15, 2026
Listed for sale
$2,500,000
Aug 22, 2026
Price reduced
$2,388,000 $2,500,000 ↓ $112,000
Oct 29, 2026
Pending
$2,388,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2014 · county record $1,175,000 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 3.5
Sq. Ft. 2,703
Lot Size 0.06 acres
Stories 2
Year Built 2006
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 129-292-28
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Construction Frame
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $15,409
HOA Fee $740 / Monthly
HOA / Community Swiss Time Mgt
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$70K – $115K typically ~$95,000
~$7,917 per month
Avg Nightly
$578
Occupancy
45%
Cap Rate
1.6%

STR Investment Summary — 796 Rosewood Circle, Incline Village

Est. Gross Annual Revenue
$70K – $115K
typically ~$95,000
Avg Nightly Rate
$578
Projected Occupancy
45.0%
Cap Rate
1.6%
Structural Score: 62 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (260 comparable 4-bedroom rentals, 2026-11); 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

Estimated above allowance
1,692 sq ft covered of 539 sq ft allowed
TRPA's map estimates show more existing coverage than the estimated allowance. Both are estimates, not a ruling: a Land Capability Verification sets the real allowance, and coverage built before TRPA's rules is often legally existing.
Parcel Size
2,694 sq ft
Allowed Coverage · est.
539 sq ft · 20%
Existing Coverage · est.
1,692 sq ft · 63%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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

$5,100 – $7,400/yr
about $521/mo
Est. Rebuild Cost (Coverage A)
$1,486,650

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

$14,620 per month
Principal & interest
$12,075/mo
Property taxes
$1,284/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$740/mo
From MLS listing data.
Home insurance
$521/mo
Estimated ~$5,100–$7,400/yr — get a local broker quote for accuracy.
Down payment
20% ($477,600)
Home price
$2,388,000
Loan details
30-yr fixed, 6.5%
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