$1,849,000 Active Under Contract
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
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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. This 3-bedroom, 2.5-bath home features approximately 2,270 square feet with a bright great room, soaring ceilings, hardwood floors, and abundant natural light. The open center-island kitchen includes generous counter space, a breakfast bar, and a walk-in pantry for easy 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, an attached two-car garage, and boat or RV parking add convenience for mountain living. A new roof with a 50-year warranty provides peace of mind. 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 Under Contract
MLS # 1019106
Days on Market 45
Price/Sq Ft $815

Property History

Aug 06, 2026
Listed for sale
$1,849,000
Sep 17, 2026
Pending
$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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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 Luxury
75
PROJECTED GROSS ANNUAL REVENUE
$55K – $80K typically ~$65,000
~$5,417 per month
Avg Nightly
$396
Occupancy
45%
Cap Rate
1.4%

STR Investment Summary — 923 Michael CT, Incline Village

Est. Gross Annual Revenue
$55K – $80K
typically ~$65,000
Avg Nightly Rate
$396
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 75 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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
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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