$1,700,000 Active
436 State Route 28
Crystal Bay, NV 89402

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✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

Our data on this home

About This Property

A rare offering along Tahoe’s fabled north shore, 436 State Route 28 presents a generational opportunity to build an architectural legacy on the Nevada side of the lake. Set just steps from the water’s edge in Crystal Bay, this vacant lot spans approximately .28 acres, with favorable topography and sweeping views of Lake Tahoe’s cobalt expanse. Zoned for residential development and free of existing structures, the parcel offers a blank canvas in one of Tahoe’s most coveted, tax-advantaged lakeside enclaves. Whether you envision a dramatic estate or a sleek modern retreat tucked into the pines, this is where vision meets possibility. With direct access from Highway 28 and proximity to world-class skiing, golf, and the dining and entertainment of Incline Village, 436 State Route 28 places you at the center of it all—yet a world away.

Listed by Ryan Mitchell — Compass

Listing Details

Status Active
MLS # 1019061
Days on Market 99

Property History

Jul 17, 2026
Listed for sale
$1,700,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2009 · county record $440,000 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
Lot Size 0.28 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-133-12
Exterior & Lot
View Lake
Financial
Annual Tax $921
📊

STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 121 sq ft allowed
121 sq ft of coverage still available to add.
Parcel Size
12,112 sq ft
Allowed Coverage
121 sq ft · 1%
Existing Coverage
0 sq ft
Addable Coverage
121 sq ft
IPES Score
798.0
Land Capability · TRPA-verified
IPES

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. 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

$3,500 – $5,100/yr
about $358/mo
Est. Rebuild Cost (Coverage A)
$1,020,000

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

$9,031 per month
Principal & interest
$8,596/mo
Property taxes
$77/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
$358/mo
Estimated ~$3,500–$5,100/yr — get a local broker quote for accuracy.
Down payment
20% ($340,000)
Home price
$1,700,000
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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