$8,495,000 Active
563 Knotty Pine 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
·
5.5 Baths
·
6,832 Sq Ft
Virtual Tour

About This Property

There are homes with lake views, and then there are homes where the lake becomes part of daily life. Above Lake Tahoe with panoramic views from Sand Harbor to Alpine Meadows, 563 Knotty Pine Drive offers 6,832 sq ft of refined mountain living with scale, serenity, and privacy. Thoughtfully refreshed with new flooring and interior paint, the home features expansive living and dining spaces, an open-concept great room, two lakeview offices, and walls of glass that frame the water like living art. Four en-suite bedrooms include a primary suite and junior suite with private lakeview decks. The lower level is designed for wellness and recreation with space for fitness or yoga, sauna, steam shower, indoor spa, and a flexible recreation/theater room. Practical luxury includes a heated driveway, 3 car garage, 340 sq ft of extra storage, and a new 50 year roof. Enjoy Nevada tax benefits and Incline amenities, including private beaches, golf, pickleball, recreation facilities, and skiing.

Listed by Heather Bacon — Compass

Listing Details

Status Active
MLS # 1018965
Price/Sq Ft $1,243

Property History

Jun 26, 2026
Listed for sale
$8,495,000
Property Overview
Beds 4
Baths 5.5
Sq. Ft. 6,832
Lot Size 0.42 acres
Stories 3
Year Built 2001
Property Type Single Family Residence
Style Contemporary
County Washoe
STR Jurisdiction Washoe County
APN 122-123-06
Parking
Garage Spaces 3
Parking Features Attached,Door-Multi,Garage,Three Car Garage,Garage Door Opener,Private,Garage Faces Side
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Heated Driveway,Sprinkler/Irrigation,Landscaping,Patio,Private Yard,Rain Gutters,Water Feature
View Lake,Mountain(s),Panoramic,Trees/Woods
Construction Frame,Shingle Siding,Steel
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Gas,Hot Water
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $35,011
📊

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 — 563 Knotty Pine Drive, Incline Village

Est. Annual Revenue
$353,223
Avg Nightly Rate
$3019
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 79 / 100 (Luxury) · 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% ($1,699,000)
Home price
$8,495,000
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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