$4,995,000
823 Ellen Court
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
·
3.5 Baths
·
3,081 Sq Ft
·
9186 Lot

About This Property

Tucked away on a quiet cul-de-sac in Incline Village, 823 Ellen Court is a spectacular home that beautifully blends modern luxury with timeless Tahoe warmth. Built in 2019, this elegant residence features 3 bedrooms and 3.5 baths, refined designer finishes, and a light-filled open-concept layout that frames sweeping Lake Tahoe and forest views. Thoughtful craftsmanship is evident throughout—from the luxurious materials and custom details to the inviting great room anchored by a stunning fireplace. Perfectly oriented to capture both privacy and breathtaking scenery, this exceptional property offers a truly elevated mountain-living experience just minutes from world-class skiing, beaches, golf, and all of Incline Village’s premier amenities.

Listed by Ryan Mitchell — Compass

Listing Details

Status Active
MLS # 1018595
Days on Market 63
Price/Sq Ft $1,621

Property History

Dec 12, 2025
Listed for sale
$4,995,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,081
Lot Size 0.21 acres
Stories 2
Year Built 2019
Property Type Single Family Residence
APN 125-223-12
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Barbecue,Deck,Dog Run,Fence,Landscaping
Lot Features Cul-De-Sac,Level
View Lake,Trees/Woods
Construction Frame,Shingle Siding
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Cooling 1 Unit
Financial
Annual Tax $18,340
📊

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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($999,000)
Home price
$4,995,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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