Sold $1,230,000 $1,399,000 Closed
898 Peepsight Circle #898
Incline Village, NV 89451

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SOLD 2026-01-29
Sold for $1,230,000 (listed at $1,399,000)
3 Beds
·
2.5 Baths
·
1,886 Sq Ft
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It sold for $1,230,000 on 2026-01-29, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Low elevation. 898 Peepsight Court is part of the original 4 of the Lake Country Estates. 2 stories with the open floor plan. Primary bedroom on main living level. Cathedral ceilings, open kitchen, living and dining. Gas fireplace, two car attached garage, 1,886 square feet, built in 1999, great condition. Deck in the front faces the beautifully landscaped common area. Rentals are 30 days minimum.

Listed by Janet Pahl — Coldwell Banker Select

Listing Details

Status Closed
MLS # 1018149
Sold Date 2026-01-29
Sold Price $1,230,000
Price/Sq Ft $742

Property History

May 15, 2025
Listed for sale
$1,599,000
Current
Sold
$1,230,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,886
Lot Size 0.01 acres
Stories 2
Year Built 1999
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 129-650-42
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage
Attached Garage Yes
Exterior & Lot
Lot Features Level
View Trees/Woods
Construction Frame
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $6,798
HOA Fee $320 / Monthly
HOA / Community IPM

STR Investment Summary — 898 Peepsight Circle #898, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 65 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Incline Village market data (182 comparable 3-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
670 sq ft covered of 201 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
671 sq ft
Allowed Coverage
201 sq ft · 30%
Existing Coverage
670 sq ft · 100%
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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$1,900 – $2,800/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$565,800

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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