$5,995,000 Closed
998 Third Green Court
Incline Village, NV 89451
SOLD 2026-05-27
Sold for $5,700,000 (listed at $5,995,000)
4 Beds
·
4.5 Baths
·
5,398 Sq Ft
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About This Property

Perfectly positioned along the 11th fairway of the renowned Incline Village Championship Golf Course, this grand estate offers an exceptional blend of privacy, elegance, and potential. The level lot, framed by mature pines and manicured greens, provides a serene setting in one of Tahoe’s most coveted neighborhoods. Classic in design, the home showcases fine cherrywood, natural stone, and timeless architectural details — a testament to craftsmanship and scale. A soaring great room with floor-to-ceiling windows captures sweeping golf course views, while the open layout unites formal dining, a chef’s kitchen, and warm gathering spaces ideal for entertaining. Seamless indoor-outdoor living defines the experience here. Expansive glass doors open to beautifully landscaped gardens and generous patios — perfect for summer barbecues, evening cocktails, and stargazing under Tahoe’s crystal mountain skies.

Listed by David Gemme — Sierra Sotheby's International

Listing Details

Status Closed
MLS # 1018702
Sold Date 2026-05-27
Sold Price $5,700,000
Price/Sq Ft $1,111

Property History

Mar 20, 2026
Listed for sale
$5,995,000
Current
Sold
$5,700,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 5,398
Lot Size 0.66 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-250-17
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage,Outside,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Fence,Garden,Rain Gutters
Lot Features Corner Lot,Cul-De-Sac,On Golf Course,Stream/Creek,Level
View Golf Course,Mountain(s),Creek/Stream,Trees/Woods
Construction Frame
Roof Metal
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $20,364

STR Investment Summary — 998 Third Green Court, Incline Village

Est. Gross Annual Revenue
$80K – $110K
typically ~$95,000
Avg Nightly Rate
$813
Projected Occupancy
32.0%
Cap Rate
0.6%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-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

Room to build
6,742 sq ft covered of 8,898 sq ft allowed
2,156 sq ft of coverage still available to add.
Parcel Size
29,659 sq ft
Allowed Coverage
8,898 sq ft · 30%
Existing Coverage
6,742 sq ft · 23%
Addable Coverage
2,156 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 ↗ How the Basin compares
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