About This Property
Set among towering pines in Incline Village’s Mill Creek neighborhood, 248 Tramway Road offers a rare combination of a beautifully renovated Tahoe home and exceptional future potential. A completed TRPA site assessment recognizes 8,567 sq ft of verified existing legal coverage, creating a compelling opportunity for future expansion or redevelopment. Survey & site documentation are available; buyers to independently verify development options and requirements with TRPA. Extensively renovated in 2025–2026, this 3-bed, 3-bath home offers 1,656 sq ft of thoughtfully updated living space with warm wood ceilings, exposed beams, wide-plank flooring, contemporary finishes & a striking fireplace. Set on approximately 0.41 acres, the property enjoys exceptional privacy with adjoining parcels owned by the State of Nevada & United States. Mature pines, stone & gravel work, and a peaceful wooded setting complete the retreat. Enjoy the home today while exploring the possibilities for tomorrow.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jun 2025 | $1,695,000 | Lonny ParsonsColdwell Banker Select | Colleen KrausenRE/MAX Gold |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 248 Tramway Road, Incline Village
Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
Payment calculator
We'll contact you soon.
