$4,300,000 Active
706 Lakeshore
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.0 Baths
·
1,984 Sq Ft
Virtual Tour

About This Property

Directly across from Burnt Cedar Beach on prestigious Lakeshore Boulevard, this classic Tahoe chalet offers a rare opportunity to own in one of Incline Village's most coveted locations. Set on a generous 0.48 acre homesite, the residence was designed to embrace its Lake Tahoe setting, with the kitchen, living, and entertaining spaces upstairs where walls of windows capture sweeping views of the lake and surrounding scenery. One bedroom is also located on the upper level, with four additional bedrooms downstairs, creating natural separation between gathering and sleeping spaces. Step outside and Burnt Cedar Beach is just across the street, placing swimming, sunsets, and days by the lake remarkably close to home. With 5 bedrooms, 3 baths, beautiful lake views, and an exceptional Lakeshore Boulevard address, this is a special opportunity to experience the best of Incline Village living.

Listed by Kirsten Childers — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019133
Price/Sq Ft $2,167

Property History

Aug 20, 2026
Listed for sale
$4,300,000
Property Overview
Beds 5
Baths 3.0
Sq. Ft. 1,984
Lot Size 0.48 acres
Stories 2
Year Built 1968
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 122-201-26
Parking
Parking Features Carport,No Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Dog Run
View Lake
Roof Composition
Utilities & Systems
Heating Electric
Financial
Annual Tax $12,756
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Standard
54
PROJECTED GROSS ANNUAL REVENUE
$130K – $300K typically ~$192,465
~$16,039 per month
Avg Nightly
$1645
Occupancy
32%
Cap Rate
1.8%

STR Investment Summary — 706 Lakeshore, Incline Village

Est. Gross Annual Revenue
$130K – $300K
typically ~$192,465
Avg Nightly Rate
$1645
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 54 / 100 (Standard) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
4,107 sq ft covered of 6,275 sq ft allowed
2,168 sq ft of coverage still available to add.
Parcel Size
20,917 sq ft
Allowed Coverage
6,275 sq ft · 30%
Existing Coverage
4,107 sq ft · 20%
Addable Coverage
2,168 sq ft
Existing Units
1

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

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% ($860,000)
Home price
$4,300,000
Loan details
30-yr fixed, 6.5%
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