$9,900,000 Active
475 Tuscarora Road
Incline Village, NV 89402
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
5.0 Baths
·
5,436 Sq Ft

About This Property

Tucked at the end of a quiet cul-de-sac and fully gated on 3.28 private acres, this Crystal Bay home delivers something increasingly rare: complete seclusion with expansive lake and mountain views. Mature landscaping, carefully placed rock work, and layered gardens create a true natural escape, no road noise, no neighboring sight-lines, just the feeling that you've stepped into your own private world. From the moment you arrive, the property unfolds as a series of outdoor rooms. A heated walkway leads to a comfortable front deck oriented toward morning light and Incline views. Multiple seating areas throughout the grounds invite different groups to gather at once. In the back, a custom outdoor table sits beside the rock waterfalls and infinity pond, while a neon Burning Man installation quietly comes to life at dusk. The English garden is fully lit, thoughtfully planted, and fenced for privacy and pets, with a dedicated dog run and year-round outdoor living that feels intentional rather than forced. Inside, every space has been dialed in with the same level of care. The grand entry sets the tone with book-matched slab floors, Venetian plaster, titanium-glass stairs, and a soaring handmade chandelier from London that anchors the two-story volume. A library with lit built-ins conceals a secret wine cellar behind a custom bookshelf. All bedrooms are en-suite. Downstairs offers a full bar, gathering spaces with nano doors that disappear into the landscape, and a flexible suite currently used as a gym. An elevator provides effortless access between levels. Upstairs, the open living areas face the lake through walls of glass, while a seating room with accordion doors opens completely to the gardens. The kitchen was designed for real entertaining, multiple quartzite islands (one of which raises and lowers), commercial-grade appliances, and a layout that keeps a private chef or caterer out of the flow of guests. The primary suite includes its own reading nook, lake views, slab-marble bath with steam shower and circular tub, and generous custom closets. Additional details include a Savant smart system, fiber internet, generator backup, snowmelt driveway and walkways, and a long-time housekeeper who knows the property intimately and is available to continue with the next owner. Buyer to verify, but there appears to be room for thoughtful expansion, whether additional garage space or another bedroom. This is a turnkey, highly private Crystal Bay compound that speaks to the homeowner who wants to fully enjoy the pristine nature Tahoe has to offer, paired with immaculate indoor-outdoor living that is extremely unique and increasingly rare to find.

Listed by Jamison Blair — COMPASS

Listing Details

Status Active
MLS # 20261664
Days on Market 1
Price/Sq Ft $1,821

Property History

Aug 08, 2026
Listed for sale
$9,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2013 · county record $3,325,000 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.

Property Overview
Beds 4
Baths 5.0
Sq. Ft. 5,436
Lot Size 3.28 acres
Year Built 2007
Property Type Single Family Residence
Style Mountain
Subdivision SurroundingArea
County Washoe
STR Jurisdiction Washoe County
APN 12312206
Parking
Garage Spaces 2
Parking Features Two, Attached, Garage Door Opener, Oversized
Attached Garage Yes
Exterior & Lot
Lot Features Street, Landscaped, Cul-De-Sac
View Lake, Panoramic-Lake, Trees/Woods, Mountain(s), Ski Resort
Construction Frame
Roof Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Natural Gas, CFAH, Hydronic, Radiant
📊

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 — 475 Tuscarora Road, Incline Village

Est. Annual Revenue
$396,045
Avg Nightly Rate
$3385
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 76 / 100 (Luxury) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
10,017 sq ft covered of 1,507 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
150,720 sq ft
Allowed Coverage
1,507 sq ft · 1%
Existing Coverage
10,017 sq ft · 7%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a, 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% ($1,980,000)
Home price
$9,900,000
Loan details
30-yr fixed, 6.5%
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