$2,888,000
881 Donna Drive
Incline Village, NV 89451
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
5 Beds
·
3.5 Baths
·
4,168 Sq Ft
·
19079 Lot

About This Property

Extensively remodeled mountain home just two blocks from the heart of Incline Village and four blocks from Lake Tahoe. Upgraded throughout with new oak hardwood flooring, new tile, lighting, bathrooms, exterior paint, and more. Enjoy level access with a rare circular driveway & ample parking guests & toys. Three levels of living space include a lower level with a separate entrance, a kitchenette & wet bar, two bedrooms, a new shared bath, a spacious family room with a pool table, and a big-screen TV. The main level features an open living area with fireplace, oversized south-facing deck with steps to the fenced backyard. Upstairs, find three bedrooms, two new baths, and a primary suite with a fireplace, spa tub, separate shower & walk-in closet. This home is setup for vacation rental and the owner will get an STR permit. Newer heater for lower level and new heater on for upper 2 floors. Roof was done 5 years ago. Tiny peek of lake from living room. Radon mitigation is in progress.

Listed by M Trevor Smith — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018684
Price/Sq Ft $693

Property History

Feb 21, 2026
Listed for sale
$2,888,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 4,168
Lot Size 0.44 acres
Stories 2
Year Built 1973
Property Type Single Family Residence
APN 124-071-28
Parking
Garage Spaces 3
Parking Features Attached,Door-Multi,Garage,Three Car Garage,Boat,Garage Door Opener,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence
Lot Features Wooded,Level
View Lake,Trees/Woods
Construction Frame
Roof Composition
Utilities & Systems
Heating Natural Gas,Forced Air,Gas
Financial
Annual Tax $8,863
📊

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% ($577,600)
Home price
$2,888,000
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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