$8,495,000 Active
563 Knotty Pine Drive
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
·
5.5 Baths
·
6,832 Sq Ft
Virtual Tour

About This Property

There are homes with lake views, and then there are homes where the lake becomes part of the way you live. At 563 Knotty Pine Drive, Lake Tahoe is not simply seen — it is felt in the morning light, the quiet of the surrounding pines, the changing colors across the water, and the way nearly every meaningful space turns toward the view. From its elevated position above the lake, with sweeping panoramas from Sand Harbor toward Alpine Meadows, this 6,832-square-foot residence offers a rare kind of Tahoe living: expansive, peaceful, and deeply connected to the landscape. Thoughtfully refreshed with new flooring and interior paint, the home feels open, bright, and remarkably calm from the moment you step inside. The main level is designed to capture both the scale of the views and the comfort of everyday living, with an open-concept great room, atrium-style dining and living areas, and walls of glass that frame Lake Tahoe like living art. Two dedicated lakeview offices create inspiring spaces to work, think, and retreat, all while staying visually connected to the water and mountains beyond. The mid-level is designed for privacy, rest, and connection to the view. Four en-suite bedrooms provide generous accommodations, including both a primary suite and junior suite with private lakeview decks. These are spaces meant for slow mornings, quiet evenings, and the kind of everyday moments that make Tahoe living feel extraordinary. The lower level extends the home's retreat-like quality with dedicated wellness and recreation spaces, including room for yoga or fitness, a sauna, steam shower, and indoor spa for year-round relaxation. A former theater room has been reimagined as a flexible recreation space with custom climbing features and soft flooring, while remaining fully wired for a future cinema experience if desired. Practical luxury is integrated throughout the property, including a heated driveway, spacious three-car garage, additional approximately 340-square-foot organized storage area, and a new 50 year roof representing a significant investment in the home's long-term care. Beyond the residence, Incline Village offers access to some of Lake Tahoe's most desirable private amenities, including beaches, a boat ramp, golf, tennis, pickleball, recreation and fitness facilities, and Diamond Peak Ski Resort. Paired with Nevada's favorable tax environment, 563 Knotty Pine Drive presents a rare opportunity to experience a refined mountain-lake lifestyle where the view, the setting, and the serenity of Tahoe become part of daily life. This is one of those homes where the views are even more powerful in person- private showings are available by request.

Listed by Heather Bacon — Compass

Listing Details

Status Active
MLS # 260008322
Days on Market 2
Price/Sq Ft $1,243

Property History

Jun 29, 2026
Listed for sale
$8,495,000
Property Overview
Beds 4
Baths 5.5
Sq. Ft. 6,832
Lot Size 0.42 acres
Stories 3
Year Built 2001
Property Type Single Family Residence
Subdivision Ponderosa 4
County Washoe
STR Jurisdiction Washoe County
APN 122-123-06
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, Heated Driveway
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Gentle Sloping, Landscaped
View Mountain(s), Trees/Woods
Construction Frame, Steel Frame
Roof Shingle
Foundation Other
Utilities & Systems
Heating Natural Gas, Radiant Floor
Cooling Central Air
Water Source Lake Tahoe
Financial
Annual Tax $36,972
Schools
Elementary School Incline
Middle School Incline Village
High School Incline Village
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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 — 563 Knotty Pine Drive, Incline Village

Est. Annual Revenue
$349,245
Avg Nightly Rate
$2985
Projected Occupancy
32.0%
Cap Rate
1.6%
Structural Score: 73 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Incline Village. 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% ($1,699,000)
Home price
$8,495,000
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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