$1,999,000 Active
818 Jennifer Street
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.
3 Beds
·
2.0 Baths
·
1,424 Sq Ft
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Our data on this home

About This Property

Reimagine your lake-view Tahoe retreat in this quiet forested setting. A future build or redevelopment opportunity with permanently unobstructed lake and ski-area views, bordering Forest Service land — the land in front is Forest Service land on a steep slope, so the view can never be blocked. Set back on a shared cul-de-sac with few neighbors, this 9,108 sq ft lot carries 3,929 sq ft of land coverage. For development use, a site assessment is in process with the TRPA. Enjoy the existing house while exploring the possibilities (subject to approvals). A sunny, south-facing deck overlooks the forest toward the lake; Diamond Peak views greet you from the front. Inside: cathedral beamed ceilings, a stone-surround wood-burning fireplace, and a wall of windows. Upgraded appliances, hardwood, stone and tile floors, two remodeled bathrooms, a flexible loft, oversized two-car garage, and 240 SF of unfinished basement. Minutes to Incline Village beaches and Diamond Peak Ski Resort.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active
MLS # 1019217
Days on Market 11
Price/Sq Ft $1,404

Property History

Oct 13, 2026
Listed for sale
$1,999,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2014 · county record $550,000 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 3
Baths 2.0
Sq. Ft. 1,424
Lot Size 0.21 acres
Stories 2
Year Built 1973
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 125-201-15
Parking
Garage Spaces 2
Parking Features Door-Multi,Detached,Front Entry,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Acreage,Cul-De-Sac,Backs to Greenbelt/Park,Sloped,Wooded,Level
View Lake,Mountain(s),Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $5,786
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$40K – $60K typically ~$50,000
~$4,167 per month
Avg Nightly
$304
Occupancy
45%
Cap Rate
1.0%

STR Investment Summary — 818 Jennifer Street, Incline Village

Est. Gross Annual Revenue
$40K – $60K
typically ~$50,000
Avg Nightly Rate
$304
Projected Occupancy
45.0%
Cap Rate
1.0%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (182 comparable 3-bedroom rentals, 2026-10); 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

Over coverage limit
2,861 sq ft covered of 91 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,111 sq ft
Allowed Coverage
91 sq ft · 1%
Existing Coverage
2,861 sq ft · 31%
Addable Coverage
0 sq ft
Existing Units
1

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

$2,000 – $3,000/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$598,080

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

$10,798 per month
Principal & interest
$10,108/mo
Property taxes
$482/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
$208/mo
Estimated ~$2,000–$3,000/yr — get a local broker quote for accuracy.
Down payment
20% ($399,800)
Home price
$1,999,000
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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