$4,500,000
517 Driver Way
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
6 Beds
·
4.5 Baths
·
4,006 Sq Ft
·
26048 Lot
Virtual Tour

About This Property

This is the Incline Village address that insiders have been waiting for. Nestled on the low elevation Eastern Slope of Incline Village Nevada, this south-facing retreat offers privacy and breathtaking Lake Tahoe views. Spanning 4,006 sq ft over three stories, the home features 6 bedrooms, 4.5 baths, bonus rooms, 2 kitchens, and 2 laundry rooms, complemented by a two-car garage and off-street boat parking. Enjoy panoramic vistas from the great room and three expansive decks connected by a spiral staircase, perfect for outdoor living. Recently remodeled in June 2025, the home includes energy-efficient Anderson windows, solar panels, hydronic heating with abundant hot water, a durable 40-year roof, refinished hardwood floors, and updated bathrooms. Additional highlights are a heated ski room, workshop, easy snow removal, spa-ready deck, and TRPA-approved extra coverage. Ideal for multi-generational living or entertaining in luxury, this property is a true gem.

Listed by Stacey Hanna — Chase International

Listing Details

Status Active
MLS # 1018746
Price/Sq Ft $1,123

Property History

Mar 26, 2026
Listed for sale
$4,500,000
Property Overview
Beds 6
Baths 4.5
Sq. Ft. 4,006
Lot Size 0.60 acres
Stories 3
Year Built 1982
Property Type Single Family Residence
APN 13122512
Parking
Garage Spaces 2
Parking Features Attached,Front Entry,Garage,Two Car Garage,Private,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Garden,Sprinkler/Irrigation,Landscaping,Private Yard
Lot Features Sloped
View Lake,Mountain(s),Panoramic,Trees/Woods
Construction Frame
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Baseboard,Forced Air,Gas
Financial
Annual Tax $14,156
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($900,000)
Home price
$4,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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