$2,250,000 Active Under Contract
575 Sugarpine Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
3.0 Baths
·
2,014 Sq Ft

About This Property

Tucked into a peaceful, sun-favored pocket of Incline Village, 575 Sugar Pine Road offers the rare combination of low-elevation convenience and turn-key quality that today's Tahoe buyers are searching for. This thoughtfully updated split-level home blends everyday comfort with vacation-ready charm, all on an expansive .39-acre lot framed by towering pines and an unmistakable sense of privacy. The setting is quintessential Tahoe - quiet, sun-dappled, and tucked away - yet the location places you minutes from the lake, the lifts, and everything that makes Incline Village one of the most desirable mountain communities in the West. Inside, two distinct living areas unfold with warmth and refinement, ideal for hosting, relaxing, or accommodating extended stays. Maple hardwood floors, solid wood interior doors, and newer Milgard windows set a polished, mountain-modern tone, while Hunter Douglas window coverings add a finishing layer of detail throughout. The kitchen is the true centerpiece of the home: a Bosch gas cooktop, KitchenAid French-door refrigerator, and KitchenAid double-oven and microwave configuration come together for a setup as well-suited to quiet morning coffees as it is to elevated dinner gatherings and post-ski celebrations. Stainless finishes, ample prep space, and seamless flow into the living areas make this kitchen as functional as it is beautiful. A generous primary suite anchors the home with an oversized walk-in closet, and exceptional storage runs throughout - closets, built-ins, and dedicated space for everything Tahoe living invites in. The pass-through garage is a rare and practical touch, offering effortless access for skis, paddle boards, kayaks, and bikes, with room to spare for tools, gear, and seasonal essentials beautifully organized year-round. Step outside and the home reveals its quiet showpiece: a backyard sanctuary in the pines, where a spacious deck and hot-tub-ready patio invite morning sunshine, afternoon shade, and starlit evenings under a sky full of Sierra silence. The big, useable lot is a blank canvas for your outdoor vision - and with over 1,800 SF of remaining land coverage plus completed addition plans by Elise Fett Architects already in hand, the future of this property is wide open. Build out, expand the footprint, add a guest wing, or simply enjoy the home as it stands - the optionality is rare and genuinely valuable in today's Incline market, where buildable potential is increasingly hard to come by. Additional upgrades include a brand-new Generac generator for true peace of mind through every Tahoe season, a new thermally efficient front door, and high-end finishes rarely found at this price point. From the materials to the craftsmanship, the home has been cared for with intention at every turn - the kind of property that quietly impresses on first walk-through and continues to reveal thoughtful details with every visit. As an Incline Village property, ownership unlocks the coveted IVGID recreation privileges - discounted access to four private beaches, Diamond Peak Ski Resort, two championship golf courses, the Recreation Center, and the Tennis & Pickleball Complex. From your front door, you're just a few minutes from Burnt Cedar Beach and within 10 minutes of Diamond Peak's lifts, with Highway 28, hiking trails, and Lake Tahoe's shoreline all close at hand. The lifestyle here is genuinely four-season - ski mornings, beach afternoons, summers on the green, and quiet, snow-dusted winter evenings, all from the same address. Whether you envision a full-time primary residence, a Nevada-residency-friendly retreat, a versatile home with optionality for extended stays, or a second home with strong vacation rental potential, 575 Sugar Pine Road delivers the very best of Lake Tahoe living.

Listed by Sabrina Belleci — Casa Tua

Listing Details

Status Active Under Contract
MLS # 260005300
Days on Market 10
Price/Sq Ft $1,117

Property History

Apr 30, 2026
Listed for sale
$2,250,000
Current
Pending
$2,250,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,014
Lot Size 0.39 acres
Stories 2
Year Built 1966
Property Type Single Family Residence
Subdivision Ponderosa 4
County Washoe
STR Jurisdiction Washoe County
APN 122-124-03
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
Roof Metal, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $6,680
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
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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 — 575 Sugarpine Drive, Incline Village

Est. Annual Revenue
$66,965
Avg Nightly Rate
$652
Projected Occupancy
28.2%
Cap Rate
1.2%
Structural Score: 61 / 100 (Premium) · STR Zone: Green

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($450,000)
Home price
$2,250,000
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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