$2,595,000 Active
997 Dorcey 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
·
2.5 Baths
·
2,984 Sq Ft
Virtual Tour

About This Property

This magnificent light & bright, 4 bed, 3 bath residence offers a harmonious blend of luxurious space & breathtaking surroundings with hiking/biking/skiing trails just steps out your front door. Remodeled in 2023, nothing was left untouched, from a brand new roof, exterior sealing & paint to gorgeous kitchen & baths with custom vanities, bedrooms with custom closet systems, etc..This impressive design includes a monstrous 400+ sq ft master bedroom, a gorgeous en- suite bath featuring dual sinks, a soaking tub & a generous walk-in closet that caters to every storage need. The gourmet kitchen has granite counter tops, stainless steel appliances, breakfast bar & provides ample storage with a walk-in pantry. The open floor concept showcases a floor to ceiling fireplace and soaring ceilings, where light pours in from the expansive windows. The oversized garage is a car enthusiast's dream w/ additional room for a workshop/storage, complementing the functionality of this exceptional property.

Listed by Sarah Clark — Dickson Realty

Listing Details

Status Active
MLS # 1019022
Days on Market 25
Price/Sq Ft $870

Property History

Jul 01, 2026
Listed for sale
$2,595,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2022 · county record $1,850,000 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 2.5
Sq. Ft. 2,984
Lot Size 0.24 acres
Stories 2
Year Built 1999
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 125-185-24
Parking
Garage Spaces 3
Parking Features Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run
Lot Features Corner Lot,Backs to Greenbelt/Park
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $10,029
📊

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 — 997 Dorcey Drive, Incline Village

Est. Annual Revenue
$60,126
Avg Nightly Rate
$348
Projected Occupancy
47.4%
Cap Rate
0.9%
Structural Score: 74 / 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

Room to build
2,934 sq ft covered of 3,089 sq ft allowed
154 sq ft of coverage still available to add.
Parcel Size
10,295 sq ft
Allowed Coverage
3,089 sq ft · 30%
Existing Coverage
2,934 sq ft · 29%
Addable Coverage
154 sq ft
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% ($519,000)
Home price
$2,595,000
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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