$7,888,888
714 Champagne Road
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
·
6,923 Sq Ft
Virtual Tour

About This Property

Discover a sanctuary of luxury & privacy at this remarkable Tahoe estate, where timeless elegance meets natural beauty on over an acre of meticulously landscaped grounds. This exceptional residence boasts seven spacious bedrooms, including a charming bunk room, seven bathrooms & a separate pool house—offering an idyllic retreat for those who appreciate refined living. Meander through lush gardens and winding pathways that evoke a sense of tranquility at every turn. The pool area is a private oasis, perfect for basking in the Tahoe sunshine or gathering under starlit skies. Inside, the home theater promises cinematic indulgence with cutting-edge technology and plush seating. Every detail reflects impeccable craftsmanship and thoughtful design—from soaring ceilings and grand fireplaces to the effortless integration of indoor and outdoor spaces. Whether hosting elegant gatherings or savoring quiet moments in nature, this alpine retreat captures the very essence of elevated Tahoe living.

Listed by Mary Kleingartner — Compass

Listing Details

Status Off Market
MLS # 1018286
Days on Market 444
Price/Sq Ft $1,140

Property History

Jun 26, 2025
Listed for sale
$7,888,888
Property Overview
Beds 7
Baths 6.5
Sq. Ft. 6,923
Lot Size 1.01 acres
Stories 2
Year Built 1979
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 126-263-02
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Fence,Heated Driveway,Landscaping,Patio,Water Feature
View Lake
Roof Composition
Pool & Spa
Pool Heated,In Ground,Pool
Utilities & Systems
Heating Forced Air
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $22,856
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$80K – $120K typically ~$100,000
~$8,333 per month
Avg Nightly
$1015
Occupancy
27%
Cap Rate
0.5%

STR Investment Summary — 714 Champagne Road, Incline Village

Est. Gross Annual Revenue
$80K – $120K
typically ~$100,000
Avg Nightly Rate
$1015
Projected Occupancy
27.0%
Cap Rate
0.5%
Structural Score: 58 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (68 comparable 5-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

Over coverage limit
13,036 sq ft covered of 2,224 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
44,476 sq ft
Allowed Coverage
2,224 sq ft · 5%
Existing Coverage
13,036 sq ft · 29%
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% ($1,577,778)
Home price
$7,888,888
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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