$4,995,000 Active
854 Lakeshore Boulevard
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
·
4,024 Sq Ft
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About This Property

Beautifully landscaped, level .41-acre lot along prestigious Lakeshore Blvd, this approx. 4,000 SF Incline Village home offers an exceptional combination of space, comfort, and convenience. 4 bedrooms, 4.5 baths, tall ceilings, abundant storage, and lake views from both the second and third levels. Fully remodeled in 2004, the home features a spacious chef’s kitchen centered around a large island, offering generous prep space & an inviting gathering place. A charming breakfast nook provides a comfortable setting for casual dining and morning coffee. Hydronic heating provide year-round comfort, while an impressive four-car garage provides storage for vehicles & gear. Outside, a year-round stream runs alongside the property, creating a peaceful natural setting. A spacious patio with gas plumbing provides an inviting space for outdoor entertaining, while mature landscaping enhances the home’s privacy. A whole-house Generac generator adds confidence and convenience for year-round living.

Listed by Lukas Brassie — Compass

Listing Details

Status Active
MLS # 1019173
Days on Market 3
Price/Sq Ft $1,241

Property History

Sep 10, 2026
Listed for sale
$4,995,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2005 · county record $2,400,000 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 4
Baths 4.5
Sq. Ft. 4,024
Lot Size 0.41 acres
Stories 2
Year Built 1975
Property Type Single Family Residence
Style Mountain
County Washoe
STR Jurisdiction Washoe County
APN 122-213-13
Parking
Garage Spaces 4
Parking Features Four Car Garage,Four or more Spaces,Garage,Off Street,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dog Run,Fence,Landscaping,Private Yard,Security Lighting
Lot Features Stream/Creek,Wooded,Level
View Lake,Creek/Stream,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Baseboard,Gas,Hot Water
Financial
Annual Tax $14,751
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$75K – $110K typically ~$90,000
~$7,500 per month
Avg Nightly
$771
Occupancy
32%
Cap Rate
0.7%

STR Investment Summary — 854 Lakeshore Boulevard, Incline Village

Est. Gross Annual Revenue
$75K – $110K
typically ~$90,000
Avg Nightly Rate
$771
Projected Occupancy
32.0%
Cap Rate
0.7%
Structural Score: 70 / 100 (Premium) · STR Zone: Green

Nightly rates and occupancy from Incline Village market data (265 comparable 4-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

Room to build
4,854 sq ft covered of 5,402 sq ft allowed
548 sq ft of coverage still available to add.
Parcel Size
18,006 sq ft
Allowed Coverage
5,402 sq ft · 30%
Existing Coverage
4,854 sq ft · 27%
Addable Coverage
548 sq ft
Land Capability · TRPA-verified
1b, 6
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% ($999,000)
Home price
$4,995,000
Loan details
30-yr fixed, 6.5%
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