$2,999,999 Active
856 Lake Country Drive
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but lake Country Estates HOA does not allow short-term rentals.
3 Beds
·
3.5 Baths
·
3,159 Sq Ft
Virtual Tour

About This Property

Rare offering in Lake Country Estates. Cul-de-sac location, and arguably the most coveted home in the development, backing to open space and Third Creek. Listed as a 3 bedroom, 856 also has a den with a private patio that could be a fourth bedroom. There are several upgrades throughout, including hard-wood floors, second en suite bedroom, and a 400 square foot loft, ideal for a gym or office. This property boasts full IVGID privileges including 3 private beaches, 2 golf courses, Rec Center, Ski Resort, and the list goes on. Only 40 minutes from the Reno-Tahoe International Airport. Nevada Residents enjoy zero state income tax.

Listed by Todd Disbrow — Engel & Volkers

Listing Details

Status Active
MLS # 1018991
Days on Market 45
Price/Sq Ft $950

Property History

Jun 18, 2026
Listed for sale
$2,999,999

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2019 · county record $1,650,000 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.

Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,159
Lot Size 0.00 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 129-650-32
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
Lot Features Stream/Creek,Level
View Creek/Stream,Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $10,541
HOA Fee $554 / Monthly
HOA / Community IPM
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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 — 856 Lake Country Drive, Incline Village

Est. Annual Revenue
$55,288
Avg Nightly Rate
$311
Projected Occupancy
48.7%
Cap Rate
0.7%
Structural Score: 57 / 100 (Premium) · 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

Over coverage limit
2,029 sq ft covered of 597 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
2,983 sq ft
Allowed Coverage
597 sq ft · 20%
Existing Coverage
2,029 sq ft · 68%
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. 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 ↗

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% ($600,000)
Home price
$2,999,999
Loan details
30-yr fixed, 6.5%
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