$9,995,000 $10,250,000 ↓ $255,000 reduced Active
527 Sugarpine Drive
Incline Village, NV 89451

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✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
5.5 Baths
·
6,877 Sq Ft
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Our data on this home

About This Property

Extensively reimagined with a spectacular new primary bath, beautifully redesigned kitchen, refined bar, updated laundry rooms & thoughtful enhancements throughout, this extraordinary estate pairs timeless craftsmanship with inspired design. Sweeping Lake Tahoe views, soaring rafters approaching 30' & a dramatic stone fireplace create a grand yet welcoming setting designed for unforgettable gatherings. A sweeping split staircase leads to a private primary suite with breathtaking lake views, one of 5 ensuite bedrooms thoughtfully designed for comfort, privacy & effortless hosting. Outside, beautifully curated gardens, terraces, water features & heated approaches blend seamlessly with the surrounding landscape, while hand-hewn beams, artisan finishes & exceptional craftsmanship create an estate of remarkable scale, enduring elegance & timeless Tahoe living designed for unforgettable entertaining, peaceful mornings & memories that last a lifetime, crafted to be admired for years to come.

Listed by Mary Kleingartner — Compass

Listing Details

Status Active
MLS # 1019036
Days on Market 126
Price/Sq Ft $1,453

Property History

Jul 03, 2026
Listed for sale
$10,250,000
Aug 14, 2026
Price reduced
$9,995,000 $10,250,000 ↓ $255,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2009 · county record $2,608,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 5
Baths 5.5
Sq. Ft. 6,877
Lot Size 0.49 acres
Stories 3
Year Built 2006
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-116-08
Parking
Garage Spaces 3
Parking Features Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Hot Tub/Spa
View Lake
Utilities & Systems
Heating Natural Gas,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $32,534
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$135K – $190K typically ~$165,000
~$13,750 per month
Avg Nightly
$1413
Occupancy
32%
Cap Rate
0.7%

STR Investment Summary — 527 Sugarpine Drive, Incline Village

Est. Gross Annual Revenue
$135K – $190K
typically ~$165,000
Avg Nightly Rate
$1413
Projected Occupancy
32.0%
Cap Rate
0.7%
Structural Score: 68 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (72 comparable 5-bedroom rentals, 2026-11); 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.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Above base allowance
5,474 sq ft covered of 4,261 sq ft allowed
Existing coverage is above the base allowance for this parcel's verified land class. Coverage built before TRPA's rules is often legally existing; adding more typically means removing or transferring coverage.
Parcel Size
21,303 sq ft
Allowed Coverage · verified
4,261 sq ft · 20%
Existing Coverage · est.
5,474 sq ft · 26%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Existing coverage is TRPA's satellite estimate; allowed coverage uses TRPA's verified land class when one is on file, otherwise TRPA's estimate — data: TRPA GIS / Tahoe Open Data, LT Info. 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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$12,900 – $18,900/yr
about $1,325/mo
Est. Rebuild Cost (Coverage A)
$3,782,350

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

$54,576 per month
Principal & interest
$50,540/mo
Property taxes
$2,711/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$1,325/mo
Estimated ~$12,900–$18,900/yr — get a local broker quote for accuracy.
Down payment
20% ($1,999,000)
Home price
$9,995,000
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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