$1,698,000 Active
202 Sugar Pine Circle
Glenbrook, NV 89413
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
4 Beds
·
3.5 Baths
·
3,077 Sq Ft

About This Property

Enjoy spectacular Lake Tahoe views from this beautifully updated mountain retreat located in the highly desirable Lakeridge community, where residents enjoy exclusive access to a private lakefront pavilion, the perfect place to relax, entertain, and take in Tahoe's breathtaking sunsets. Offering 4 bedrooms, a dedicated office, 3 full bathrooms, and a powder bath, this spacious home is thoughtfully designed to maximize comfort while showcasing stunning lake views from nearly every major living space. Recent improvements include brand-new luxury vinyl plank flooring, new carpet, fresh interior paint, updated landscaping, and new kitchen appliances, creating a move-in-ready opportunity. The impressive entry welcomes you with vaulted wood-beamed ceilings and dramatic floor-to-ceiling glass, setting the tone for the open-concept design. The great room features panoramic lake views, recessed lighting, a classic brick fireplace with a wood-burning insert, and direct access to a spacious lakeview balcony. The adjoining dining area and kitchen flow seamlessly for entertaining and feature a gas cooktop, built-in microwave, wet bar, generous storage, and an adjacent laundry room. The upper-level primary suite is a private sanctuary with vaulted ceilings, breathtaking lake views, a walk-in closet, and a spa-inspired bath featuring dual sinks, a walk-in tile shower, and a freestanding jetted soaking tub perfectly positioned to capture the scenery. An additional upstairs bedroom, full bath, and versatile loft with built-in cabinetry provide flexible space for family and guests. The lower level includes a guest bedroom, private office ideal for working from home or accommodating overflow guests, and a beautifully remodeled bathroom with dual sinks and a custom tile walk-in shower. Additional features include three-zone hydronic baseboard heating, a two-car garage, newer composition shingle roof, long driveway with ample parking, landscaped grounds with irrigation and exterior lighting, fenced backyard, and bear box. Combining quality updates, exceptional lake views, a dedicated office, and access to one of Incline Village's most coveted lakefront amenities, this outstanding home offers the very best of the Tahoe lifestyle.

Listed by Gregory Ochoa — Mountain Luxury Properties

Listing Details

Status Active
MLS # 260007596
Days on Market 1
Price/Sq Ft $552

Property History

Jun 13, 2026
Listed for sale
$1,698,000
Property Overview
Beds 4
Baths 3.5
Sq. Ft. 3,077
Lot Size 0.26 acres
Stories 2
Year Built 1960
Property Type Single Family Residence
Subdivision Lake Ridge Estates
County Douglas
STR Jurisdiction Douglas County
APN 1418-34-211-005
Parking
Garage Spaces 2
Total Parking 7
Parking Features Additional Parking, Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Level, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Natural Gas, Radiant
Financial
Annual Tax $4,373
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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 — 202 Sugar Pine Circle, Glenbrook

Est. Annual Revenue
$110,032
Avg Nightly Rate
$1079
Projected Occupancy
29.0%
Cap Rate
2.6%
Structural Score: 76 / 100 (Luxury) · STR Zone: Yellow

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

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% ($339,600)
Home price
$1,698,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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