$1,995,000 $2,048,000 ↓ $53,000 reduced Active
685 Wilson Way #4
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.5 Baths
·
2,561 Sq Ft
Virtual Tour

About This Property

Welcome to 685 Wilson Way #4 — a spacious multi-level home set directly on the Mountain Golf Course, bordered by Nevada State land and a tranquil creek. No neighbors behind you, just privacy, nature, and resort-style living. Two gas fireplaces, two private decks, and a high-end kitchen with premium appliances make this a true Tahoe retreat. Step outside and unwind to the soothing sounds of the creek that winds through the property — a rare natural feature that adds a sense of serenity you simply can't find everywhere. The generous floor plan is perfect for entertaining, with a cozy family room and a primary suite tucked away on the upper level — your quiet sanctuary after a day on the slopes or the fairway. A two-car garage rounds out this exceptional package. Minutes from Diamond Peak Ski Resort, IVGID private beaches on Lake Tahoe, tennis courts, and world-class trails. No state income tax. All the best of Incline Village, ready for you.

Listed by Michelle Seeley — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018886
Days on Market 88
Price/Sq Ft $779

Property History

May 20, 2026
Listed for sale
$1,995,000
Aug 06, 2026
Price changed
$1,995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2018 · county record $985,000 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 4
Baths 3.5
Sq. Ft. 2,561
Year Built 1979
Property Type Condominium
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 128-290-04
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Cul-De-Sac,Level
View Golf Course,Creek/Stream,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Financial
Annual Tax $6,988
HOA Fee $2,990 / Quarterly
HOA / Community Wolden Woods
📊

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%

STR Investment Summary — 685 Wilson Way #4, Incline Village

Est. Annual Revenue
$51,272
Avg Nightly Rate
$295
Projected Occupancy
47.7%
Cap Rate
1.0%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
835 sq ft covered of 232 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,162 sq ft
Allowed Coverage
232 sq ft · 20%
Existing Coverage
835 sq ft · 72%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 4
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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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