$4,250,000 Active
985 Driver
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
·
3,786 Sq Ft

About This Property

A rare opportunity in Incline Village, this beautifully appointed 3-bedroom, 2.5-bath single-family residence sits on a level .582-acre parcel with captivating mountain, tree, golf course, and creek views. Built in 1980, the 3,786-square-foot home showcases beautiful wood and rock craftsmanship throughout, soaring ceilings, and two fireplaces. The property is bordered by a year-round creek as well as the property line includes the creek to the golf course, creating a truly unique natural setting. A large two-car tandem garage provides ample parking and storage. Surrounded by mature trees and nature, this special property offers privacy, tranquility, and an exceptional Tahoe setting with the opportunity to enjoy the home as it is or create your own vision for the future.

Listed by Sandra Haupt — Elite Properties

Listing Details

Status Active
MLS # 1019114
Price/Sq Ft $1,123

Property History

Aug 08, 2026
Listed for sale
$4,250,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 3,786
Lot Size 0.58 acres
Stories 2
Year Built 1980
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-080-11
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck
Lot Features Level
View Golf Course,Mountain(s),Creek/Stream,Trees/Woods
Roof Composition
Utilities & Systems
Heating Baseboard,Hot Water
📊

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 — 985 Driver, Incline Village

Est. Annual Revenue
$157,482
Avg Nightly Rate
$1346
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 62 / 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
3,875 sq ft covered of 7,308 sq ft allowed
3,432 sq ft of coverage still available to add.
Parcel Size
24,359 sq ft
Allowed Coverage
7,308 sq ft · 30%
Existing Coverage
3,875 sq ft · 16%
Addable Coverage
3,432 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 ↗

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% ($850,000)
Home price
$4,250,000
Loan details
30-yr fixed, 6.5%
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