About This Property
Modern Tahoe Luxury. Designed for Every Season. Completely remodeled in 2024, this exceptional 4-bedroom, 3.5-bath residence offers 2,255 sq. ft. of beautifully designed living space on a fully landscaped corner lot. The bright, open floor plan features lake views, abundant natural light, custom cabinetry, high-end appliances, A/C, refined modern finishes, and new Western windows and doors. Enjoy the convenience of single-level living with the primary suite, kitchen, and main living area on one level. The primary suite features heated bathroom floors, a curbless shower, and an air-jetted tub. Built for year-round Tahoe living with a heated driveway, whole-home generator, and private sauna. North- and south-facing decks provide excellent outdoor living, including a built-in fire pit and custom water feature that create an inviting setting for entertaining or relaxing while enjoying the surrounding views. Privacy, comfort, and thoughtful design throughout.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2021 · county record | $1,728,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 574 Fallen Leaf Way, Incline Village
Nightly rates and occupancy from Incline Village market data (265 comparable 4-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
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