$1,495,000 $1,575,000 ↓ $80,000 reduced Active
637 Lariat Circle #4
Incline Village, NV 89451

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⚠ STR — Verify HOA Rules
Washoe County has no STR permit caps, but we have no record of Point, The's rental rules. Check the CC&Rs before counting on rental income.
3 Beds
·
3.0 Baths
·
2,231 Sq Ft

Our data on this home

About This Property

637 Lariat #4...your journey for a peaceful, spacious condominium in the highly desired Nevada community of Incline Village ends here. With three bedrooms, three full baths, a great room, kitchen and dining area, this home enjoys an abundance of natural light and scenic Tahoe outlook. The Great Room's focus is a beautiful stone fireplace. This home includes a large room off the main living area. This room is complete with built-in's and is currently used as an office; however, the room could be a game room, a playroom, a fourth bedroom, or ? Please refer to floorplans in the photo section to gain information on room size and each level's use.The home has just been deep cleaned to offer original finishes ready to use or to re-imagine. Incline's current inventory in this price range does not include a property with a serene location, great floorplan, and scenic outlook as does 637 Lariat. All Incline Village amenities are included.

Listed by Sharon Peplau — Lakeshore Realty

Listing Details

Status Active
MLS # 1018973
Days on Market 112
Price/Sq Ft $670

Property History

Jul 03, 2026
Listed for sale
$1,575,000
Jul 13, 2026
Pending
$1,575,000
Jul 17, 2026
Relisted
$1,575,000
Aug 07, 2026
Price reduced
$1,495,000 $1,575,000 ↓ $80,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 1999 · county record $448,500 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,231
Stories 3
Year Built 1992
Property Type Condominium
County Washoe
STR Jurisdiction Washoe County
APN 125-840-04
Parking
Garage Spaces 1
Parking Features One Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
Lot Features Backs to Greenbelt/Park,Level
View Trees/Woods
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $6,638
HOA Fee $615 / Monthly
HOA / Community IPM
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
58
PROJECTED GROSS ANNUAL REVENUE
$45K – $70K typically ~$60,000
~$5,000 per month
Avg Nightly
$365
Occupancy
45%
Cap Rate
1.7%

STR Investment Summary — 637 Lariat Circle #4, Incline Village

Est. Gross Annual Revenue
$45K – $70K
typically ~$60,000
Avg Nightly Rate
$365
Projected Occupancy
45.0%
Cap Rate
1.7%
Structural Score: 58 / 100 (Premium) · STR Zone: Yellow

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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.

Home Insurance Estimate

Standard homeowners policy for this home

$2,300 – $3,300/yr
about $233/mo
Est. Rebuild Cost (Coverage A)
$669,300

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$8,961 per month
Principal & interest
$7,560/mo
Property taxes
$553/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$615/mo
From MLS listing data.
Home insurance
$233/mo
Estimated ~$2,300–$3,300/yr — get a local broker quote for accuracy.
Down payment
20% ($299,000)
Home price
$1,495,000
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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