$7,500,000 Active
545 Alpine View
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 Victoria Popescu — Lakeshore Realty

Listing Details

Status Active
MLS # 1018902
Price/Sq Ft $1,578

Property History

May 21, 2026
Listed for sale
$7,500,000
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
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
View Lake,Mountain(s),Panoramic
Roof Metal
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $21,391
📊

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, 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.

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% ($1,500,000)
Home price
$7,500,000
Loan details
30-yr fixed, 6.5%
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