$1,148,000 Active
1050 Lucerne Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
3 Beds
·
2.5 Baths
·
1,800 Sq Ft
Virtual Tour

About This Property

Freestanding Tyrolia townhome with the warmth & character of a classic Tahoe cabin, set among the pines in Incline Village. Open living showcases vaulted, open-beam wood ceilings, wood flooring, a fireplace, & large sliders to a deck. Three bedrooms, 2.5 baths, & 3 decks offer indoor-outdoor space for family & guests. A bonus loft space (not included in reported square footage) provides ideal extra room for a home office, reading nook, or storage. Original finishes invite your vision while preserving mountain charm. Tyrolia amenities include tennis/pickleball courts, pool, spa, & a lake-view clubhouse. Just 3 minutes to Diamond Peak Ski Resort & 5 minutes to Incline beaches & Hyatt Lake Tahoe, this detached home pairs privacy with easy access to the best of Incline Village. Enjoy full IVGID recreation privileges, including resident beach access, golf, & low HOA dues. http://tiny.cc/1050

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1019157
Days on Market 15
Price/Sq Ft $638

Property History

Aug 29, 2026
Listed for sale
$1,148,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2004 · county record $366,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,800
Lot Size 0.04 acres
Stories 2
Year Built 1981
Property Type Residential
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 126-081-32
Parking
Parking Features No Garage,Open
Attached Garage Yes
Exterior & Lot
Exterior Features Deck
Lot Features Sloped,Wooded
View Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $5,758
HOA Fee $300 / Monthly
HOA / Community CRMG
HOA & Community
Community Amenities Clubhouse,Pool,Spa/Hot Tub,Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
56
PROJECTED GROSS ANNUAL REVENUE
$30K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$244
Occupancy
45%
Cap Rate
1.4%

STR Investment Summary — 1050 Lucerne Way, Incline Village

Est. Gross Annual Revenue
$30K – $50K
typically ~$40,000
Avg Nightly Rate
$244
Projected Occupancy
45.0%
Cap Rate
1.4%
Structural Score: 56 / 100 (Premium) · STR Zone: Green

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

Over coverage limit
1,131 sq ft covered of 16 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,601 sq ft
Allowed Coverage
16 sq ft · 1%
Existing Coverage
1,131 sq ft · 71%
Addable Coverage
0 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% ($229,600)
Home price
$1,148,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message