$9,500,000 Active
984 Sand Iron Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
7 Beds
·
6.5 Baths
·
5,594 Sq Ft
Virtual Tour

About This Property

Set along the 13th green of Incline Village’s Championship Golf Course, this newly remodeled estate is one of the area’s most unique and captivating properties. Open living, kitchen and dining spaces frame the beautifully landscaped grounds and sweeping golf course views. A creek winds through the front yard, surrounded by mature landscaping and crossed by a charming footbridge. The main residence offers six bedrooms, including two spacious primary suites. One features an adjoining office, while an open bonus room currently serves as an exercise suite. A separate game room and four additional bedrooms complete the living spaces. An oversized 5 car garage provides exceptional storage and parking. A detached guest residence offers a private bedroom and living space above its own 3 car garage. With seven total bedrooms and garage parking for up to six cars, this remarkable property offers exceptional space, privacy and versatility.

Listed by Chris Plastiras — Lakeshore Realty

Listing Details

Status Active
MLS # 1019102
Days on Market 1
Price/Sq Ft $1,698

Property History

Aug 05, 2026
Listed for sale
$9,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2021 · county record $2,800,000 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 7
Baths 6.5
Sq. Ft. 5,594
Lot Size 0.58 acres
Stories 1
Year Built 1978
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 131-261-28
Parking
Garage Spaces 4
Parking Features Attached,Detached,Four Car Garage,Four or more Spaces,Garage,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Landscaping,Patio
Lot Features On Golf Course,Stream/Creek,Level
View Golf Course,Mountain(s),Creek/Stream,Trees/Woods
Construction Frame,Stone Veneer
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $12,670
📊

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 — 984 Sand Iron Drive, Incline Village

Est. Annual Revenue
$257,598
Avg Nightly Rate
$2602
Projected Occupancy
27.0%
Cap Rate
1.1%
Structural Score: 72 / 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
9,078 sq ft covered of 7,508 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
25,028 sq ft
Allowed Coverage
7,508 sq ft · 30%
Existing Coverage
9,078 sq ft · 36%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 6
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% ($1,900,000)
Home price
$9,500,000
Loan details
30-yr fixed, 6.5%
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