$7,500,000 Active
545 Alpine View
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
·
4,752 Sq Ft
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About This Property

Sweeping Lake Tahoe Views, Framed From Every Room! Set on a large, sunny over half-acre, street-to-street parcel on the coveted Eastern Slope, this exceptional home offers 4 bedrooms, a family room, plus an office, all positioned to capture lake and mountain views. Walls of windows bring the Tahoe backdrop into the main living spaces, while skylights fill the home with natural light. The main level is designed for entertaining with a spacious great room, gourmet kitchen, dining area, cozy den, two fireplaces, & wraparound deck. The mid-level features luxurious primary suite with private deck, oversized second bedroom with a sauna, & spacious office/potential 5th bedroom. The lower level offers two additional bedrooms with direct backyard access and a recreation room with wet bar. More than 2,000 sq. ft. of newly available TRPA coverage provides exciting potential for additional hardscaping or future expansion. A remarkable setting where views, privacy, and Tahoe living come together.

Listed by Victoria Popescu — Lakeshore Realty

Listing Details

Status Active
MLS # 1019175
Days on Market 4
Price/Sq Ft $1,578

Property History

Sep 09, 2026
Listed for sale
$7,500,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Apr 2022 · county record $5,995,000 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. 4,752
Lot Size 0.64 acres
Stories 3
Year Built 1978
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 131-212-03
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio
View Lake,Mountain(s),Panoramic
Roof Metal
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $22,147
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
61
PROJECTED GROSS ANNUAL REVENUE
$75K – $105K typically ~$90,000
~$7,500 per month
Avg Nightly
$771
Occupancy
32%
Cap Rate
0.5%

STR Investment Summary — 545 Alpine View, Incline Village

Est. Gross Annual Revenue
$75K – $105K
typically ~$90,000
Avg Nightly Rate
$771
Projected Occupancy
32.0%
Cap Rate
0.5%
Structural Score: 61 / 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

Over coverage limit
2,844 sq ft covered of 279 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
27,864 sq ft
Allowed Coverage
279 sq ft · 1%
Existing Coverage
2,844 sq ft · 10%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4
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% ($1,500,000)
Home price
$7,500,000
Loan details
30-yr fixed, 6.5%
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