$5,900,000 Active
886 Freels Peak Drive
Incline Village, NV 89451
✗ STR Not Allowed
Washoe County has no STR permit caps, but Summit Townhomes, The HOA does not allow short-term rentals.
4 Beds
·
4.5 Baths
·
4,308 Sq Ft

About This Property

Indulge yourself in the Unique with Sophistication. This custom home is located one block from Lakeshore Blvd.’s walking path. Centrally situated between the beaches, recreation center, and nearby shopping. Level beautifully landscaped half-acre homesite with a dreamy cascading waterfall all encased by a wrought iron fence and electric privacy gate. Fine luxurious details are abundant. Three car garage, extra parking. The floor plan seamlessly blends indoor and outdoor living with a grand wraparound patio accessible through numerous French doors. Three ensuite bedrooms. Gourmet kitchen with built-in breakfast nook. service kitchen, cathedral beam ceilings, family room, office. New Lutron lighting system with glamorous fixtures, a reimagined primary bathroom, refinished hardwood floors, fresh paint, and a custom grand Alder entertainment cabinet. Sold mostly furnished! Includes a 1950 classic wood 23' Chris Craft "Holiday Cruiser" in a slip at Sierra Boat Co. See 3D Matterport Tour.

Listed by Rick Raduziner — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018937
Price/Sq Ft $1,370

Property History

May 30, 2026
Listed for sale
$5,900,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 4,308
Lot Size 0.47 acres
Stories 2
Year Built 1992
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-215-11
Parking
Garage Spaces 3
Parking Features Attached,Covered,Door-Multi,Front Entry,Garage,Three Car Garage,Garage Door Opener,Gated,Off Street,Outside,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Fence,Garden,Landscaping,Patio,Rain Gutters,Security Lighting,Storage,Water Feature
Lot Features Corner Lot,Level,Pond on Lot
View Trees/Woods
Construction Frame,Natural Building,Stone,Stucco,Wood Siding
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $13,860
📊

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 — 886 Freels Peak Drive, Incline Village

Est. Annual Revenue
$213,057
Avg Nightly Rate
$1821
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 72 / 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
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% ($1,180,000)
Home price
$5,900,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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