$1,849,000 Active
923 Michael CT
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
2,270 Sq Ft

About This Property

Tucked into Incline Village’s Upper Tyner neighborhood, 923 Michael Court offers the space and comfort to enjoy the Lake Tahoe lifestyle in every season. This 3-bedroom, 2.5-bath home features approximately 2,270 square feet with a bright great room, soaring ceilings, hardwood floors, abundant natural light, and a private mountain setting. The open center-island kitchen includes generous counter space, a breakfast bar, and a walk-in pantry, creating an easy flow for everyday living and entertaining. Step onto the deck to enjoy the fresh Tahoe air and a peek of Lake Tahoe. A level lot, dedicated laundry room, ample storage, and an attached two-car garage provide added convenience for mountain living. Located on the Nevada side of Lake Tahoe, the home is close to IVGID private beaches, golf, hiking, skiing, and dining. Whether used as a full-time residence or Tahoe retreat, 923 Michael Court offers comfort, functionality, and an exceptional Incline Village location.

Listed by Michelle Seeley — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019106
Price/Sq Ft $815

Property History

Aug 06, 2026
Listed for sale
$1,849,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2020 · county record $950,000 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 2.5
Sq. Ft. 2,270
Lot Size 0.16 acres
Stories 2
Year Built 1996
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-161-31
Parking
Garage Spaces 2
Parking Features Two Car Garage,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Fence
Lot Features Corner Lot,Cul-De-Sac,Level
View Lake,Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $9,487
📊

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 — 923 Michael CT, Incline Village

Est. Annual Revenue
$53,770
Avg Nightly Rate
$299
Projected Occupancy
49.2%
Cap Rate
1.2%
Structural Score: 74 / 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

Over coverage limit
2,502 sq ft covered of 2,096 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
6,987 sq ft
Allowed Coverage
2,096 sq ft · 30%
Existing Coverage
2,502 sq ft · 36%
Addable Coverage
0 sq ft
IPES Score
750.0
Land Capability · TRPA-verified
IPES
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% ($369,800)
Home price
$1,849,000
Loan details
30-yr fixed, 6.5%
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