About This Property
Classic Tahoe charm in one of Incline Village’s most coveted neighborhoods. Nestled in the prestigious Lakeview subdivision, this warm and inviting home offers timeless design, inviting interiors, and beautiful lake views from the expansive deck, perfect for morning coffee or sunset evenings. Inside, hardwood floors, a wood-burning fireplace, and beautifully updated interiors create a comfortable mountain retreat ready to enjoy today. Just steps from the beach, this rare offering also presents exceptional future potential with 3,617 sq. ft. of verified allowable coverage and proposed plans by renowned architect Phil Gilanfarr. Enjoy it now as the quintessential Tahoe getaway, or create a legacy property in an irreplaceable location.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jul 2020 · county record | $180,488 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 628 Martis Peak Road, Incline Village
Nightly rates and occupancy from Incline Village market data (190 comparable 3-bedroom rentals, 2026-08); 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
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
