$7,500,000 Active
250 Estates Drive
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
·
5.5 Baths
·
5,799 Sq Ft

About This Property

Set at the end of a private cul-de-sac within the gated 7-home enclave of Estates Drive, 250 Estates Drive offers rare scale, privacy, and single-level living in Incline Village. Set on 1.171 acres, one of the largest non-lakefront lots south of Highway 28, this 5,799-square-foot estate is surrounded by mature landscaping. The residence features 4 bedrooms, 4 full bathrooms, and 3 half bathrooms, with a single-level primary for comfort and ease. Exceptional engineering, in-floor radiant heat, and three fireplaces bring warmth and substance, while a theater adds space for entertaining. A nearly 1,000-square-foot garage provides room for vehicles, gear, and Tahoe storage. Outdoor spaces throughout the grounds allow for gathering, dining, and relaxing in privacy. Engineered plans are in place for an addition that would expand the home to approximately 6,738 square feet. With its rare lot size, gated setting, mature grounds, and expansion potential, this is an exceptional rare offering.

Listed by Cole Mizak — Compass

Listing Details

Status Active
MLS # 1018893
Price/Sq Ft $1,293

Property History

May 17, 2026
Listed for sale
$7,500,000
Property Overview
Beds 4
Baths 5.5
Sq. Ft. 5,799
Lot Size 1.17 acres
Stories 2
Year Built 1991
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 130-163-29
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fence,Sprinkler/Irrigation,Landscaping,Patio,Private Yard,Rain Gutters
Lot Features Cul-De-Sac,Level
View Mountain(s),Trees/Woods
Roof Metal,Pitched
Utilities & Systems
Heating Natural Gas,Radiant,Gas,Hot Water,Radiant Floor
Financial
Annual Tax $29,351
HOA Fee $600 / Monthly
HOA / Community IPM
HOA & Community
Community Amenities Controlled Access
📊

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 — 250 Estates Drive, Incline Village

Est. Annual Revenue
$291,213
Avg Nightly Rate
$2489
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 71 / 100 (Premium) · STR Zone: Green

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,500,000)
Home price
$7,500,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373