$6,000,000 $6,988,000 ↓ $988,000 reduced Active
887 S Dyer Circle
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·
6.0 Baths
·
5,842 Sq Ft
Virtual Tour

About This Property

Experience a private estate on nearly half an acre in low-elevation Incline Village, newly completed in October 2025 with in-floor heating and cooling. This modern, elegant home offers soaring ceilings, gated entry, and full fencing for privacy. The lower level features a luxurious main bedroom with vaulted ceilings, gas fireplace, and direct access to the expansive back deck. A massive great room showcases a floor-to-ceiling fireplace and chic bar with wine refrigerator framing views of the forested yard. The kitchen and dining area include top-tier appliances, quartzite counters, and white oak floors. A maid’s ensuite sits privately opposite another ensuite with an office space. Upstairs are three additional bedrooms, a large loft, and three bathrooms, and a backup generator provides added peace of mind.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018710
Days on Market 138
Price/Sq Ft $1,027

Property History

Mar 06, 2026
Listed for sale
$6,000,000
Jun 19, 2026
Price changed
$6,488,000
Jun 25, 2026
Price changed
$6,000,000
Property Overview
Beds 6
Baths 6.0
Sq. Ft. 5,842
Lot Size 0.49 acres
Stories 2
Year Built 2024
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 124-083-33
Parking
Garage Spaces 3
Parking Features Door-Multi,Garage,Three Car Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence
Lot Features Irregular Lot
View Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $35,074
📊

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 — 887 S Dyer Circle, Incline Village

Est. Annual Revenue
$191,808
Avg Nightly Rate
$1776
Projected Occupancy
29.5%
Cap Rate
1.3%
Structural Score: 59 / 100 (Premium) · STR Zone: Green

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
5,758 sq ft covered of 6,639 sq ft allowed
881 sq ft of coverage still available to add.
Parcel Size
22,130 sq ft
Allowed Coverage
6,639 sq ft · 30%
Existing Coverage
5,758 sq ft · 26%
Addable Coverage
881 sq ft
Existing Units
1

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% ($1,200,000)
Home price
$6,000,000
Loan details
30-yr fixed, 6.5%
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