$2,795,000
539 Spencer Way
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
·
2,999 Sq Ft
·
21692 Lot
Virtual Tour

About This Property

Experience the pinnacle of Tahoe living in this 5-bedroom, 3.5-bath mountain-modern retreat in the sought-after Ponderosa subdivision. Easy, level year-round access ensures stress-free arrivals in every season. The grand great room features vaulted ceilings, exposed wood beams, oversized windows, rich hickory floors, and a dramatic gas fireplace. A second fireplace separates the formal dining area from a built-in office nook with filtered lake views. The gourmet kitchen offers custom knotty alder cabinetry, natural stone counters, high-end stainless appliances, and a spacious breakfast bar. Designed for entertaining, the home includes an oversized ensuite bedroom above the garage with custom bunks. The primary suite is a private sanctuary with its own fireplace, soaking tub, and deck access. Enjoy a private indoor sauna, wrap-around deck, IVGID beach, golf, and ski privileges, plus Nevada tax advantages at 539 Spencer Way.

Listed by Chuck Day — Charles Day Real Estate

Listing Details

Status Active
MLS # 1018758
Price/Sq Ft $932

Property History

Mar 31, 2026
Listed for sale
$2,795,000
Property Overview
Beds 5
Baths 3.5
Sq. Ft. 2,999
Lot Size 0.50 acres
Stories 3
Year Built 1992
Property Type Single Family Residence
Style Mountain
APN 122-135-07
Parking
Garage Spaces 2
Parking Features Attached,Garage,Two Car Garage,Garage Door Opener,Off Street,Private
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Patio,Rain Gutters
Lot Features Sloped,Wooded
View Lake
Construction Frame,Shingle Siding,Wood Siding
Roof Composition,Pitched
Utilities & Systems
Heating Natural Gas,Electric,Forced Air,Gas
Financial
Annual Tax $4,579
📊

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% ($559,000)
Home price
$2,795,000
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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