$7,500,000
545 Alpine View 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
·
4.5 Baths
·
4,752 Sq Ft
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About This Property

Panoramic Lake Tahoe Views, Framed From Every Room! This luxury home offers 4 bedrooms and an office, all perfectly positioned to capture exceptional lake and mountain views. Walls of windows invite the lakeview directly into the main living spaces, and oversized skylights fill the interior with natural light. The main level is ideal for entertaining, featuring a spacious great room, gourmet kitchen, dining area, cozy den, two fireplaces, and wraparound deck. The mid-level includes a luxurious primary suite with a private deck, an oversized second bedroom with a dry sauna, and a spacious office/potential 5th bedroom. The lower level offers two bedrooms with backyard access and a recreation room with a wet bar. With over 2000 sq. ft. of TRPA coverage newly available, the site offers an opportunity for further hardscaping or even expansion. Set on a street-to-street 2/3-acre parcel on the coveted Eastern Slope, this home offers a sunny, private setting that lets you enjoy Tahoe living.

Listed by Peg Augustus — Lakeshore Realty

Listing Details

Status Withdrawn
MLS # 260006485
Days on Market 66
Price/Sq Ft $1,578

Property History

May 21, 2026
Listed for sale
$7,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2022 · county record $5,995,000 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.

Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,752
Lot Size 0.64 acres
Stories 3
Year Built 1978
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-212-03
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Down
View Mountain(s)
Roof Metal
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $21,391
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 — 545 Alpine View Drive, Incline Village

Est. Annual Revenue
$308,880
Avg Nightly Rate
$2640
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 62 / 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
2,844 sq ft covered of 279 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
27,864 sq ft
Allowed Coverage
279 sq ft · 1%
Existing Coverage
2,844 sq ft · 10%
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% ($1,500,000)
Home price
$7,500,000
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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