$7,750,000 Pending
932 Lakeshore Boulevard
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
5.5 Baths
·
4,925 Sq Ft
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About This Property

Experience luxury Lake Tahoe living on prestigious Lakeshore Blvd, one of Incline Village’s most coveted addresses. Just steps from Incline Beach and Ski Beach, this turnkey mountain retreat offers beautiful lake views, exceptional privacy, and refined mountain elegance with every modern convenience. Designed for effortless entertaining and comfortable year-round living, the main level features a private en-suite guest bedroom opening to a beautifully landscaped courtyard complete with a cozy outdoor fireplace and relaxing hot tub. The gourmet chef’s kitchen showcases premium finishes and flows seamlessly to a spacious lake-view deck with BBQ, creating the perfect setting for indoor/outdoor living. Upstairs, the luxurious primary suite is a true sanctuary, featuring beautiful lake views, a private viewing deck, spa-inspired bath with soaking tub and oversized walk in shower, plus an expansive walk in closet. The lower level provides three additional bedrooms, including a versatile family room or media space, along with a large workshop ideal for hobbies, storage, or future customization. Professionally landscaped grounds are fully automated for effortless maintenance and include a convenient dog run. Premium upgrades include central air conditioning, a new high-efficiency furnace, Tesla EV charger, whole-house generator, illuminated designer kitchen island, and an oversized three-car garage with abundant storage. Offering the perfect combination of luxury, privacy, lake views, and an unbeatable location just moments from Lake Tahoe's finest beaches, world-class skiing, golf, hiking, dining, and the tax advantages of Nevada, this exceptional residence embodies the very best of the Lake Tahoe lifestyle.

Listed by Alex Min — Sierra Sotheby's Int Realty TC

Listing Details

Status Pending
MLS # 20261375
Days on Market 24
Sold Date 2026-08-04
Price/Sq Ft $1,574

Property History

Jul 03, 2026
Listed for sale
$7,750,000
Current
Pending
$7,750,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2017 · county record $3,275,100 Deed record — brokerage sides not reported
Dec 2024 $6,650,000 (+103%) Philipp ReedCompass Philipp ReedCompass

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.

Property Overview
Beds 5
Baths 5.5
Sq. Ft. 4,925
Lot Size 0.46 acres
Year Built 1988
Property Type Single Family Residence
Style Mountain
Subdivision SurroundingArea
County Washoe
STR Jurisdiction Washoe County
APN 12225204
Parking
Garage Spaces 3
Parking Features Three, Attached, Insulated, Garage Door Opener, Oversized, Parking Pad
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped
View Lake, Filtered, Panoramic-Lake, Trees/Woods, Mountain(s)
Construction Frame, Masonry
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH
Cooling Air Conditioning
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 932 Lakeshore Boulevard, Incline Village

Est. Annual Revenue
$325,494
Avg Nightly Rate
$2782
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 73 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
6,280 sq ft covered of 6,006 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
20,021 sq ft
Allowed Coverage
6,006 sq ft · 30%
Existing Coverage
6,280 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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($1,550,000)
Home price
$7,750,000
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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