Sold for $5,364,000

$5,364,000

525 Fairview Blvd, Incline Village, NV 89451

5beds

5,140sqft

Single Family Residence

Built in 1978

0.52 Acres Lot

$6,630,600 Zestimate^®

$1,044/sqft

$7,485 Estimated rent

Home value

$6,630,600

$5.70M - $7.82M

$7,485/mo

Zestimate^® history

Owner options

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$7,485/mo

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$7,485/mo

Rent Zestimate^®

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$30,703/mo

Est. payment

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$30,703/mo

Est. payment

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What's special

Elegance & class never go out of style. Best South facing East slope panoramic lakeviews! This classic home will dazzle you with views from every level. Near-level access to a 3 car garage, street to street lot of +.5 ac. Main living level features a spacious living room, formal dining & gourmet kitchen with Sub Zero Appliances. Living opens to a direct south-facing panoramic lake view deck (with awnings) to enjoy views all day long. There is also has 1 bedroom/bath + ½ bath for single level living. Mid-level has a spacious family room w/ some of the best lake views money can buy. The primary bedroom is adjacent & has a large spa tub with lake views, a sauna, walk-in closet as well as an adjacent 2 level lake view office w/ a separate entrance. 2 more ensuite guest bedrooms on this level. The lower floor has a perfect mother-in-law style apartment w/ a separate kitchenette & it’s own outside entrance. Location, location, location. This is the best south facing lot on Fairview!

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 5
Bathrooms: 6
Full bathrooms: 5
1/2 bathrooms: 1
Main level bedrooms: 1

Heating

Radiant, Forced Air, Gas, Hot Water, Radiant Floor

Appliances

Included: Dryer, Dishwasher, Microwave, Refrigerator, Trash Compactor, Washer

Features

Beamed Ceilings, Wet Bar, Breakfast Bar, Cathedral Ceiling(s), Granite Counters, Kitchen Island, Marble Counters, Stone Counters, Vaulted Ceiling(s), Walk-In Closet(s)
Flooring: Carpet, Tile
Number of fireplaces: 2
Fireplace features: Two, Family Room, Living Room

Interior area

Total interior livable area: 5,140 sqft

Property

Parking

Total spaces: 3
Parking features: Attached, Door-Multi, Garage, Three Car Garage, Garage Door Opener, Off Street
Attached garage spaces: 3

Features

Stories: 3
Patio & porch: Deck
Exterior features: Awning(s), Deck
Has view: Yes
View description: Lake, Panoramic
Has water view: Yes
Water view: Lake

Lot

Size: 0.52 Acres
Features: Sloped
Topography: Sloping

Details

Parcel number: 13121118
Zoning description: Single Family Residential

Construction

Type & style

Home type: SingleFamily
Architectural style: Mountain
Property subtype: Single Family Residence

Materials

Frame
Roof: Metal

Condition

Year built: 1978

Community & HOA

HOA

Has HOA: No

Location

Region: Incline Village

Financial & listing details

Price per square foot: $1,044/sqft
Tax assessed value: $2,222,895
Annual tax amount: $22,193
Date on market: 6/25/2024
Cumulative days on market: 70 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Price history

Date	Event	Price
9/4/2024	Pending sale	$5,988,000+11.6%$1,165/sqft
Source: INCMLS #1015542 Report a problem
9/3/2024	Sold	$5,364,000-10.4%$1,044/sqft
Source: INCMLS #1015542 Report a problem
8/1/2024	Contingent	$5,988,000$1,165/sqft
Source: INCMLS #1015542 Report a problem
7/26/2024	Price change	$5,988,000-7.2%$1,165/sqft
Source: INCMLS #1015542 Report a problem
6/25/2024	Listed for sale	$6,450,000$1,255/sqft
Source: INCMLS #1015542 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2026	$24,436 +12.1%	$778,013 -6.8%
2025	$21,803 -1.8%	$835,116 +2.7%
2024	$22,193 +6.1%	$812,900 +9.6%
2023	$20,908 +2.9%	$741,887 +13.8%
2022	$20,322 +2.6%	$651,650 +10%
2021	$19,801 +2.9%	$592,350 +3.6%
2020	$19,248 -2.8%	$571,836
2019	$19,801 +2.9%	$571,836 +3.7%
2018	$19,248 +8.4%	$551,477 +6.6%
2017	$17,751	$517,519 +5.4%
2016	$17,751	$490,800 -1%
2015	$17,751 -1.7%	$495,557 -0.9%
2014	$18,064	$500,252 -1.3%
2013	$18,064	$506,999 +0.2%
2012	--	$505,917 +2.1%
2011	--	$495,479 -4%
2010	--	$516,099
2009	--	$516,099 -17.7%
2008	--	$626,825 -1.1%
2007	--	$633,718 +7.9%
2006	--	$587,289 +5.9%
2005	--	$554,517 +4.1%
2004	--	$532,422 +18.9%
2003	--	$447,896 +14.2%
2002	--	$392,290
2001	--	$392,290