Under contract

Price cut: $60K (5/29)

$2,690,000

650 Martis Peak Rd, Incline Village, NV 89451

3beds

2,315sqft

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Single Family Residence

Built in 1967

0.52 Acres Lot

$2,592,400 Zestimate^®

$1,162/sqft

$-- HOA

What's special

Over half an acreRare single-level gemOversized two-car garageThree stone fireplacesRed light therapy saunaFenced yardAbundant windows

Your Tahoe dream starts here! This RARE SINGLE-LEVEL gem in the coveted Lakeview subdivision blends comfort, charm, and endless potential. Sunlight fills the interior through abundant windows, and even a peek view of the lake. Set on over half an acre, this corner lot offers room to relax, entertain, or possibly even build an ADU. Three stone fireplaces; two are gas, and one is wood burning with a gas starter. Recent updates shine with red light therapy sauna; new granite slab countertops; slate, and hardwood flooring; new light fixtures; fresh paint; and some newer appliances and faucets. Enjoy morning coffee on the front deck, summer evenings in your private fenced backyard with patio, let pets roam in the fenced yard. A short walk to Lake Tahoe’s Burnt Cedar Beach. Kayak storage in crawl space, west side of home. An oversized two-car garage adds convenience. Keep it as your mountain retreat, turn it into a smart investment, or build something entirely new—the choice is yours!

46 days

764

28

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 3
Bathrooms: 3
Full bathrooms: 3

Rooms

Room types: Dining Room, Storage Room

Heating

Hot Water

Appliances

Included: Dryer, Dishwasher, Disposal, Gas Oven, Gas Range, Microwave, Refrigerator, Washer
Laundry: In Hall

Features

Beamed Ceilings, Cathedral Ceiling(s), Granite Counters, Handicap Access, High Ceilings, Kitchen/Family Room Combo, Marble Counters, Murphy Bed, Sauna, Utility Room, Vaulted Ceiling(s)
Flooring: Hardwood, Laminate, Tile
Number of fireplaces: 3
Fireplace features: Three, Gas, Gas Log, Living Room, Primary Bedroom, Wood Burning

Interior area

Total interior livable area: 2,315 sqft

Property

Parking

Total spaces: 2
Parking features: Two Car Garage, Garage Door Opener
Garage spaces: 2

Features

Stories: 1
Patio & porch: Deck
Exterior features: Deck, Dog Run, Fence, Handicap Accessible, Private Yard
Spa features: Sauna
Has view: Yes
View description: Trees/Woods

Lot

Size: 0.52 Acres
Features: Level
Topography: Level,Sloping

Details

Parcel number: 12219205

Construction

Type & style

Home type: SingleFamily
Property subtype: Single Family Residence

Condition

Updated/Remodeled
Year built: 1967

Community & HOA

HOA

Has HOA: No

Location

Region: Incline Village

Financial & listing details

Price per square foot: $1,162/sqft
Tax assessed value: $738,807
Annual tax amount: $9,806
Date on market: 5/1/2026
Cumulative days on market: 47 days
Listing agreement: Exclusive Right To Sell
Listing terms: Cash,Conventional

Estimated market value

$2,592,400

$2.46M - $2.72M

$5,354/mo

Price history

Date	Event	Price
6/4/2026	Contingent	$2,690,000$1,162/sqft
Source: INCMLS #1018832 Report a problem
5/29/2026	Price change	$2,690,000-2.2%$1,162/sqft
Source: INCMLS #1018832 Report a problem
5/1/2026	Listed for sale	$2,750,000-4.8%$1,188/sqft
Source: INCMLS #1018832 Report a problem
1/1/2026	Listing removed	$2,890,000$1,248/sqft
Source: INCMLS #1018400 Report a problem
12/8/2025	Price change	$2,890,000-1%$1,248/sqft
Source: INCMLS #1018400 Report a problem
12/1/2025	Price change	$2,920,000-0.3%$1,261/sqft
Source: INCMLS #1018400 Report a problem
11/22/2025	Listed for sale	$2,930,000$1,266/sqft
Source: INCMLS #1018400 Report a problem
11/5/2025	Listing removed	$2,930,000$1,266/sqft
Source: INCMLS #1018400 Report a problem
10/16/2025	Price change	$2,930,000-0.7%$1,266/sqft
Source: INCMLS #1018400 Report a problem
10/12/2025	Price change	$2,950,000-1.3%$1,274/sqft
Source: INCMLS #1018400 Report a problem
8/27/2025	Price change	$2,990,000-3.5%$1,292/sqft
Source: INCMLS #1018400 Report a problem
8/15/2025	Listed for sale	$3,100,000+15.9%$1,339/sqft
Source: INCMLS #1018400 Report a problem
6/28/2022	Sold	$2,675,000-0.9%$1,156/sqft
Source: INCMLS #1010042 Report a problem
4/25/2022	Contingent	$2,700,000$1,166/sqft
Source: INCMLS #1010042 Report a problem
1/15/2022	Listed for sale	$2,700,000+3.8%$1,166/sqft
Source: INCMLS #1010042 Report a problem
11/12/2021	Listing removed	--
Source: Owner Report a problem
8/14/2021	Listed for sale	$2,600,000+316%$1,123/sqft
Source: Owner Report a problem
6/22/2011	Sold	$625,000-7.4%$270/sqft
Source: Agent Provided Report a problem
5/4/2011	Listed for sale	$675,000$292/sqft
Source: Coldwell Banker Select Real Estate #939767 Report a problem

Public tax history

Year	Property taxes	Tax assessment
2016	$7,303	$258,582 +14.1%
2015	$7,303 +2.7%	$226,652 +6.4%
2014	$7,115 +2.6%	$213,067 +20.1%
2013	$6,932 -0.4%	$177,383 -0.6%
2012	$6,963 +36.8%	$178,458 +0.9%
2011	$5,088 -30.2%	$176,912 -9.1%
2010	$7,290 +0.1%	$194,585
2009	$7,286	$194,585 -19.9%
2008	$7,286 -22.1%	$243,017 -8.4%
2007	$9,353 +3.3%	$265,361 +12.2%
2006	$9,053 +7.3%	$236,468 +1.3%
2005	$8,436 +6.7%	$233,340 +3.4%
2004	$7,904	$225,650

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