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240 Estates Dr, Incline Village, NV, 89451

5beds
7baths
8,924sqft
$11,488,000
$1,287price/sqft
$65,294/moest. monthly cost
$2,611,760/yrincome needed

About This Home

Enhanced with approximately $1,000,000 in recent capital improvements, this rare offering is set within an exceptional gated enclave of just eight parcels, one block from the Hyatt Regency and two blocks from Lakeshore. Situated on a private .891-acre homesite with no road noise, the residence showcases exceptional craftsmanship with stone, metal, glass, and hardwood finishes. Features include a chef’s commercial kitchen with adjacent dining, office, game room, great room, library, and formal living spaces. All five bedrooms are ensuite, including a private in-law suite with separate garage access and full kitchen. Additional highlights include a four-car garage with lift for a fifth vehicle, wine cellar, five fireplaces, in-floor heating, ridge skylights, air conditioning, and a secured room within the primary suite. A premier low-elevation Incline Village offering combining high quality finishes and exceptional privacy at low elevation.

Getting Around

44
WalkingCar-Dependent
0
TransitVery Limited Transit
38
BikeSomewhat Bikeable

Schools

6/10
Incline Elementary SchoolGrades PK-51.0 mi
5/10
Incline Middle SchoolGrades 6-80.6 mi
8/10
Incline High SchoolGrades 9-121.2 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1996

Materials

  • Roof: Metal
  • Construction materials: Frame,Stone,Stone Veneer

Type & Style

  • Home type: SingleFamily
  • Architectural style: Mountain
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Dryer,Dishwasher,Gas Oven,Gas Range,Microwave,Refrigerator,Washer
  • Laundry features: Laundry in Utility Room,Laundry Room

Bedrooms & Bathrooms

  • Bedrooms: 5
  • Bathrooms: 7
  • Full bathrooms: 5
  • 1/2 bathrooms: 2
  • Main level bedrooms: 1

Features

  • Beamed Ceilings,Cathedral Ceiling(s),Central Vacuum,Granite Counters,High Ceilings,Marble Counters,Second Kitchen,Skylights,Vaulted Ceiling(s),Wine Cellar,Walk-In Closet(s)
  • Window features: Skylight(s)
  • Flooring: Hardwood,Partially Carpeted,Tile
  • Fireplace features: Family Room,Gas,Living Room,Primary Bedroom,Multiple
  • Fireplace: Yes

Heating & Cooling

  • Heating features: Radiant,Hot Water,Radiant Floor
  • Cooling features: Central Air,Wall/Window Unit(s),1 Unit

Interior Area

  • Total interior livable area: 8,924 sqft

Property

Details

  • Parcel number: 13016328
  • Zoning description: Single Family Residential

Features

  • Stories: 2
  • Patio & porch: Patio
  • Exterior features: Patio
  • Has view: Yes
  • View description: Trees/Woods
  • Topography of land: Level,Sloping

Lot

  • Lot size: 0.89 Acres
  • Features: Level

Parking

  • Total spaces: 4
  • Parking features: Attached,Four Car Garage,Four or more Spaces,Garage,RV Access/Parking,Garage Door Opener
  • Has garage: Yes
  • Attached garage spaces: 4
  • Covered spaces: 4

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Winter Weather
    Winter WeatherRelatively High
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Winter Weather
Earthquake

FEMA Declared Disasters Across Nevada Counties

Fire

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $58,089$697,068
Home Insurance $1,970$23,640
Property Taxes $4,403$52,836
Electricity $832$9,993
Total$65,294$783,528

Income You'd Need if You Spent...

35% on housing$2,238,651/yr
40% on housing$1,958,820/yr
45% on housing$1,741,173/yr

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 8.0%
8.0%
0%30.0%
Electricity Growth Rate10-year average: -1.2%
-1.2%
0%15.0%
Property Taxes Growth Rate2-year average: 0.7%
0.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$1,287This listing

vs Other Active Listings

Avg $/sqft

ZIP 89451$985
Washoe County$405

vs Homes Sold Last Month

Median $/sqft

ZIP 89451$870
Washoe County$314

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-03-31Listed for sale$12,988,000
2020-12-18Sold$6,200,000
2020-11-24Pending sale$6,688,000
2020-10-02Listed for sale$6,688,000
2019-02-22Sold$4,700,000
2018-06-04Listed for sale$5,498,888
2013-12-04Listing removed$4,799,000
2013-04-06Price change$4,799,000
2012-05-22Price change$4,995,000
2012-04-13Listed for sale$5,250,000
2009-11-20Sold$2,365,000
1999-10-21Sold$2,650,000

For Sale by Agent

AgentM Trevor Smith
BrokerageColdwell Banker Select

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