Sold $2,100,000 $2,025,000 Closed
988 Wander Way
Incline Village, NV 89451

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SOLD 2026-05-07
Sold for $2,100,000 (listed at $2,025,000)
4 Beds
·
3.0 Baths
·
2,192 Sq Ft
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It sold for $2,100,000 on 2026-05-07, 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

Lakeviews and Tahoe setting creekside.Tucked into the peaceful Apollo Subdivision, this classic Tahoe cabin delivers the mountain living experience you've been searching for. Filtered lake views and the soothing sounds of a year-round creek set the scene, while knotty pine interiors bring that timeless cabin warmth inside. The sunny, southern-facing deck is a great place to relax. The home offers main level living for primary rooms. The oversized two-car garage offers more than just parking — a dedicated workspace and generous storage area make it ideal for gear, projects, and all of your mountain gear. Peace and quiet are a highlight here, with an adjacent Forest Service lot to the east ensuring your serene surroundings stay that way. Incline Village, Nevada, is connected conveniently to Mt Rose HWY -- easy access to Reno, the slopes, and Incline's spectacular amenities, golf/skiing/hiking/biking/parks/beaches—Its the quiet and secluded feel that makes this neighborhood so special.

Listed by Kevin Donovan — Chase International

Listing Details

Status Closed
MLS # 1018781
Sold Date 2026-05-07
Sold Price $2,100,000
Price/Sq Ft $924

Property History

Apr 28, 2026
Listed for sale
$2,025,000
Current
Sold
$2,100,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,192
Lot Size 0.27 acres
Stories 3
Year Built 1980
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-441-05
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Level
View Lake,Mountain(s),Creek/Stream
Roof Composition
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $6,824

STR Investment Summary — 988 Wander Way, Incline Village

Est. Gross Annual Revenue
$75K – $125K
typically ~$100,000
Avg Nightly Rate
$609
Projected Occupancy
45.0%
Cap Rate
2.0%
Structural Score: 75 / 100 (Luxury) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (262 comparable 4-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
2,278 sq ft covered of 113 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,286 sq ft
Allowed Coverage
113 sq ft · 1%
Existing Coverage
2,278 sq ft · 20%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 1b
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

$4,100 – $6,000/yr
about $421/mo
Est. Rebuild Cost (Coverage A)
$1,205,600

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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