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387 2nd Tee Dr, Incline Village, NV, 89451

6beds
6baths
5,414sqft
$4,995,000
$923price/sqft
$28,532/moest. monthly cost
$1,141,280/yrincome needed

About This Home

Stunning Mountain Modern on the Eastern Slope with clean lines, luxury finishes, and views of Lake Tahoe. Walls of glass bring the outdoors in, showcasing sunsets over more than half an acre. 5,414 sq.ft. with 6 bedrooms (3 en-suites) and 5 full baths. Open living spaces feature a new dual-sided fireplace and newly updated kitchen countertops with Dacor/Bosch appliances. Custom Alder woodwork, Carlisle walnut floors, quartzite/granite surfaces, and Warm board radiant heat throughout. Spa-like master with rain and steam shower. Lower level includes finished flex space with separate entrance and lock-off option. 3-car garage, freshly sealed driveway, new drainage, multiple decks, and fire suppression system. A rare blend of modern elegance and Tahoe serenity, this is an opportunity to use as a primary home, luxury vacation rental or a corporate retreat. Come see that no detail has been spared in this thoughtfully curated space in in this Lake Tahoe masterpiece.

Getting Around

12
WalkingCar-Dependent
0
TransitVery Limited Transit
8
BikeSomewhat Bikeable

Schools

6/10
Incline Elementary SchoolGrades PK-50.7 mi
5/10
Incline Middle SchoolGrades 6-80.6 mi
8/10
Incline High SchoolGrades 9-120.9 mi

Construction

Condition

  • Property condition: Updated/Remodeled
  • Year built: 1989

Materials

  • Roof: Metal,Pitched

Type & Style

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

Interior

Appliances

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

Basement

  • Has basement: Yes

Bedrooms & Bathrooms

  • Bedrooms: 6
  • Bathrooms: 6
  • Full bathrooms: 5
  • 1/2 bathrooms: 1

Features

  • Beamed Ceilings,Breakfast Bar,Bookcases,Breakfast Area,Cathedral Ceiling(s),French Door(s)/Atrium Door(s),Granite Counters,High Ceilings,In-Law Floorplan,Kitchen Island,Kitchen/Family Room Combo,Marble Counters,Recessed Lighting,Skylights,Steam Shower,Vaulted Ceiling(s),Walk-In Closet(s),Instant Hot Water,Loft,Mud Room,Walk-In Pantry
  • Door features: French Doors
  • Window features: Skylight(s)
  • Flooring: Hardwood,Laminate,Other,Slate
  • Number of fireplaces: 1
  • Fireplace features: One,Family Room,Gas Log,Primary Bedroom
  • Fireplace: Yes

Heating & Cooling

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

Interior Area

  • Total interior livable area: 5,414 sqft

Property

Details

  • Parcel number: 13123408

Features

  • Stories: 3
  • Patio & porch: Balcony,Deck
  • Exterior features: Balcony,Barbecue,Deck,Rain Gutters,Security Lighting
  • Has view: Yes
  • View description: Lake,Mountain(s)
  • Has water view: Yes
  • Water view: Lake
  • Topography of land: Sloping

Lot

  • Lot size: 0.62 Acres
  • Features: Wooded

Parking

  • Total spaces: 3
  • Parking features: Attached,Front Entry,Garage,Three Car Garage,Boat,Garage Door Opener,RV Access/Parking
  • Has garage: Yes
  • Attached garage spaces: 3
  • Covered spaces: 3

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

  • Wildfire
    WildfireRelatively High
  • Winter Weather
    Winter WeatherRelatively High
  • Avalanche
    AvalancheModerate
  • Earthquake
    EarthquakeModerate

How This Home’s Risks Compare

Wildfire
Winter Weather
Avalanche
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 $25,257$303,084
Home Insurance $856$10,272
Property Taxes $1,914$22,968
Electricity $505$6,062
Total$28,532$342,384

Income You'd Need if You Spent...

35% on housing$978,240/yr
40% on housing$855,960/yr
45% on housing$760,853/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

$923This listing

vs Other Active Listings

Avg $/sqft

ZIP 89451$989
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
2025-06-13Listed for sale$4,995,000
2020-06-26Sold$2,697,000
2020-06-11Pending sale$2,850,000
2020-03-21Listed for sale$2,850,000
2013-09-13Sold$1,300,000
2013-06-27Listed for sale$1,495,000
2013-06-05Sold$1,050,000
2013-04-24Price change$1,295,000
2013-04-03Price change$525,000
2013-03-28Price change$625,000
2013-03-23Listed for sale--
2013-02-14Listing removed$1,295,000
2013-02-01Price change$1,295,000
2012-09-15Price change$1,525,000
2012-06-16Listed for sale$1,625,000
2010-10-22Listing removed$1,995,000
2010-07-18Listed for sale$1,995,000
2010-06-11Listing removed$1,995,000
2008-12-24Listed for sale$1,995,000
2008-11-15Listing removed$2,050,000
2008-05-25Listed for sale$2,050,000
2008-03-19Listing removed$2,185,000
2008-02-02Listed for sale$2,185,000
2004-05-25Sold$1,595,000
2002-11-22Sold$1,450,000
1997-04-22Sold$850,000

For Sale by Agent

AgentLarry Peyton
BrokerageLPT Realty

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