$13,888,888 Active
708 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.
6 Beds
·
6.5 Baths
·
7,344 Sq Ft

About This Property

A rare expression of craftsmanship & character, this one-of-a-kind Tahoe estate delivers a level of detail & design seldom seen. Set on 1+ acre, the arrival is unforgettable with a winding cobblestone drive imported from Italy, flanked by glowing gas lanterns & lush gardens with fruit trees. A water feature gracefully surrounds the home, while a heart-shaped rose garden creates a setting that feels intimate, romantic & entirely transportive. Inside, every element is intentional, from hand-carved millwork & custom ironwork to rich imported stone. Dramatic living spaces unfold with soaring ceilings, exposed beams & walls of glass framing sweeping lake & mountain views. Seamless indoor-outdoor flow invites year-round enjoyment, whether hosting or unwinding in total privacy. Refined entertaining spaces, layered textures & bespoke finishes create an atmosphere of quiet luxury throughout. Distinctive, timeless & impossible to replicate, this is a home that lingers long after you leave.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1018929
Days on Market 58
Price/Sq Ft $1,891

Property History

May 29, 2026
Listed for sale
$13,888,888

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2013 · county record $2,800,000 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 6
Baths 6.5
Sq. Ft. 7,344
Lot Size 1.07 acres
Stories 2
Year Built 1992
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 126-263-01
Parking
Garage Spaces 4
Parking Features Four Car Garage,Four or more Spaces,Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Barbecue,Fence,Garden,Heated Driveway,Hot Tub/Spa,Landscaping,Patio,Private Yard,Security Lighting,Storage,Water Feature
View Lake,Mountain(s),Panoramic
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $36,100
📊

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 — 708 Champagne Road, Incline Village

Est. Annual Revenue
$460,188
Avg Nightly Rate
$4261
Projected Occupancy
29.5%
Cap Rate
1.3%
Structural Score: 58 / 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
10,727 sq ft covered of 2,318 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
46,568 sq ft
Allowed Coverage
2,318 sq ft · 5%
Existing Coverage
10,727 sq ft · 23%
Addable Coverage
0 sq ft
IPES Score
579.0
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($2,777,778)
Home price
$13,888,888
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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