$1,995,000 $2,200,000 ↓ $205,000 reduced Active Under Contract
585 Village Boulevard
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.

About This Property

Why settle for less when you can have it all? Ready to build; we have done all the leg work for you! A rare offering of a moderate elevation and buildable lot in Incline Village on over an acre. This has been teed up for someone to build their dream home without all the delays of getting through the design and permitting processes. Rosewood Creek runs through the back of the property and there is a USFS lot behind adding to the privacy. There is in excess of 10,000 sf of base allowable coverage on this gently sloping lot. Surveys and plans are available to build a stunning contemporary single level home. Plans were designed by an award winning architect in SF (Aidlin Darling Design); purchase these separately or have your own designed. Enjoy IVGID recreational amenities and Nevada tax advantages, and please walk the lot to experience how special it is. Seller financing may be available.

Listed by Karen Bruno — Dickson Realty

Listing Details

Status Active Under Contract
MLS # 1016965
Days on Market 493

Property History

Mar 14, 2025
Listed for sale
$1,995,000
Jul 17, 2026
Pending
$1,995,000
Property Overview
Lot Size 1.17 acres
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 124-083-35
Exterior & Lot
Lot Features Stream/Creek,Wooded
View Trees/Woods
Financial
Annual Tax $6,521
📊

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%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
17 sq ft covered of 15,128 sq ft allowed
15,111 sq ft of coverage still available to add.
Parcel Size
50,427 sq ft
Allowed Coverage
15,128 sq ft · 30%
Existing Coverage
17 sq ft · 0%
Addable Coverage
15,111 sq ft
IPES Score
849.0

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% ($399,000)
Home price
$1,995,000
Loan details
30-yr fixed, 6.5%
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