$950,000 Active Under Contract
360 Wassou Road
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.
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Our data on this home

About This Property

Skip years of design and permitting. This beautiful Crystal Bay lot with gorgeous views of Lake Tahoe has fully approved architectural plans by Tahoe Architect Elise Fett, stamped by Washoe County & TRPA. The design:a striking 3-story home with 2,798 sqft of living space, a primary suite plus two more bedrooms and two baths, a flex room doubling as a home theater, an office, gym, oversized laundry, elevator, two electric fireplaces, and a 486-square-foot attached garage. The .172-acre parcel delivers sweeping Lake Tahoe views, with partial IVGID recreation privileges granting access to a huge amenities package including golf, tennis, recreation center gym and pool and ski amenities and Nevada Tax Benefits. An official address and Residential Unit Use Permit are already secured;no further development rights required. One step remains before ground can break: securing additional TRPA coverage. Ask for details on coverage and requirements to build your Lake Tahoe home. Borders USA Lands.

Listed by Bruce Soli — Engel & Volkers

Listing Details

Status Active Under Contract
MLS # 1019153
Days on Market 57

Property History

Aug 28, 2026
Listed for sale
$950,000
Sep 14, 2026
Pending
$950,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2025 $650,000 Tom AbbottEngel & Volkers Bruce SoliEngel & Volkers

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 0.17 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-152-03
Exterior & Lot
Lot Features Backs to Greenbelt/Park,Wooded
View Lake,Mountain(s),Trees/Woods
Financial
Annual Tax $4,671
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
55
PROJECTED GROSS ANNUAL REVENUE
$45K – $90K typically ~$65,000
~$5,417 per month
Avg Nightly
$339
Occupancy
53%
Cap Rate
2.7%

STR Investment Summary — 360 Wassou Road, Crystal Bay

Est. Gross Annual Revenue
$45K – $90K
typically ~$65,000
Avg Nightly Rate
$339
Projected Occupancy
52.6%
Cap Rate
2.7%
Structural Score: 55 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Crystal Bay. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
105 sq ft covered of 74 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,381 sq ft
Allowed Coverage
74 sq ft · 1%
Existing Coverage
105 sq ft · 1%
Addable Coverage
0 sq ft
IPES Score
695.0
Land Capability · TRPA-verified
1a, 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

$1,900 – $2,800/yr
about $196/mo
Est. Rebuild Cost (Coverage A)
$570,000

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

$5,389 per month
Principal & interest
$4,804/mo
Property taxes
$389/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
$196/mo
Estimated ~$1,900–$2,800/yr — get a local broker quote for accuracy.
Down payment
20% ($190,000)
Home price
$950,000
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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