$4,000,000 Active
999 Lakeshore Boulevard #21
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. 999 Lakeshore BL. HOA allows short-term rentals.
3 Beds
·
3.0 Baths
·
1,664 Sq Ft

About This Property

An extremely rare opportunity at the coveted lakefront community of 999 Lakeshore Blvd.. Set amidst beautifully manicured grounds and accessed through a private gated entrance, this property offers a combination of privacy, convenience, and exceptional lakeside amenities. A private sandy beach, provides an extraordinary location for enjoying Lake Tahoe’s beauty in a setting that is difficult to replicate. This spacious end-unit features three bedrooms and three bathrooms, offering generous living space and an abundance of natural light. The inviting living area of the residence opens to an oversized deck, creating an ideal space for outdoor dining, entertaining, or simply taking in the serene surroundings. The primary bedroom enjoys its own covered private patio. With an end-unit location, exceptional grounds, gated access, private beach and homeowner's bouy field, this presents a rare opportunity to own a piece of one of Incline Village’s most sought-after lakefront properties.

Listed by David Bardelli — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019118
Price/Sq Ft $2,404

Property History

Aug 21, 2026
Listed for sale
$4,000,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 1990 · county record $295,000 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 3
Baths 3.0
Sq. Ft. 1,664
Stories 2
Year Built 1968
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 130-221-21
Parking
Parking Features Assigned,No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Landscaping,Patio
Lot Features Level
View Trees/Woods
Construction Frame
Roof Flat
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $4,273
HOA Fee $2,505 / Quarterly
HOA / Community Incline Property Mgmt.
HOA & Community
Community Amenities Beach Rights,Controlled Access
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$141K – $293K typically ~$202,410
~$16,868 per month
Avg Nightly
$1730
Occupancy
32%
Cap Rate
2.0%

STR Investment Summary — 999 Lakeshore Boulevard #21, Incline Village

Est. Gross Annual Revenue
$141K – $293K
typically ~$202,410
Avg Nightly Rate
$1730
Projected Occupancy
32.0%
Cap Rate
2.0%
Structural Score: 56 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
877 sq ft covered of 345 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,149 sq ft
Allowed Coverage
345 sq ft · 30%
Existing Coverage
877 sq ft · 76%
Addable Coverage
0 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% ($800,000)
Home price
$4,000,000
Loan details
30-yr fixed, 6.5%
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