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Sold for $5,800,000
  • $5,800,000

    587 Fallen Leaf Way, Incline Village, NV 89451

    4beds
    4,833sqft
    Single Family Residence
    Built in 1984
    0.46 Acres Lot
    $5,829,900 Zestimate®
    $1,200/sqft
    $9,360 Estimated rent

    Home value

    $5,829,900

    $5.31M - $6.41M

    $9,360/mo

    Zestimate® history
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    $26,647/mo

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    What's special

    Welcome to 587 Fallen Leaf Way – where cutting-edge technology meets timeless Tahoe luxury. This is one of those homes that is even more impressive in person! Perched above Lake Tahoe with commanding, unobstructed views of its crystal waters and the Sierra Nevada peaks beyond, 587 Fallen Leaf Way is a rare fusion of mountain elegance, intelligent design, and exceptional craftsmanship. Re-built in 2008 by Mandeville Construction and designed by renowned local architect James Borelli, this custom residence reflects the highest standard of execution, with interiors masterfully curated by San Francisco-based design teams Christopher Roy and Krista Sweet. From the moment you arrive, the home speaks to a level of care, precision, and quality that is seldom found. Inside, you'll find hickory flooring, custom alder cabinetry, and natural stone finishes sourced from around the world — Lagos Azul limestone, Ann Sacks tile, and Silver Stucato travertine. The great room’s dramatic wood-burning fireplace and panoramic lake views set the tone for unforgettable entertaining and everyday serenity. Four spacious en-suite bedrooms, plus an office, gym, media room, wine cellar, and multiple decks, provide the ideal layout for both relaxed daily living and effortless hosting. A Control4 smart home ecosystem seamlessly integrates Lutron lighting, sound, security, climate, AV, and motorized blinds. A 21KW Generac generator, whole-house hydronic heating, heated driveway, and 10-zone Nest system ensure absolute comfort and resilience in all seasons. The home also features a radon mitigation system, Moen leak detection with auto shutoff, and a newly updated fire suppression system. The chef’s kitchen is as functional as it is beautiful, with a Wolf dual fuel range, Sub-Zero refrigeration, double KitchenAid dishwashers, and Juparana Mellion granite leathered countertops. A full walk-in pantry and elegant butler’s pantry complete the space. The primary suite is a private sanctuary, featuring a natural gas fireplace, Romeo & Juliet balcony, birdseye maple vanity, Jellybean glass shower flooring, and luxurious heated amenities. Three additional guest suites — each with distinctive stone and tile finishes — offer refined comfort, while a convertible fifth bedroom or gym provides added flexibility. Entertainment flows naturally through the home — from the lower-level media room with 85" Samsung 8K TV and surround sound, to the Breezair-cooled 500+ bottle wine cellar, and out to expansive Ipe decks overlooking the lake. The professionally designed and meticulously maintained gardens are accented with solar lighting, DG paths, and a new Sundance hot tub — perfect for year-round evenings. This home isn't just beautifully appointed — it’s remarkably engineered. A new Lochinvar high-altitude boiler system (2024), whole-house vacuum, central AV rack, skylights with rain sensors, and internet-connected systems (myQ garage, Nest, Control4) make this residence one of the most technologically advanced in the basin. Lastly, there is no shortage of storage — the subarea has a fully enclosed, lockable cage for all your toys and more.

    Zillow last checked: 9 hours ago

    Listing updated: September 04, 2025 at 04:24pm

    Listed by:

    Christine Perry DRE #01157473 408-858-5587,

    Christie's Int'l R.E. Sereno

    Bought with:

    Christine Perry, DRE #01157473

    Christie's Int'l R.E. Sereno

    Source: TSMLS,MLS#: 20251474MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 4
    • Bathrooms: 6
    • Full bathrooms: 5
    • 1/2 bathrooms: 1
    Heating
    • Natural Gas, Hydronic, Radiant
    Appliances
    • Included: Range, Oven, Microwave, Disposal, Dishwasher, Trash Compactor, Refrigerator, Washer, Dryer
    Features
    • Family Room, Mud Room
    • Has fireplace: Yes
    • Fireplace features: Fireplace: Living Room, Master Bedroom, 2 or +
    Interior area
    • Total structure area: 4,833
    • Total interior livable area: 4,833 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Attached, Two
    • Attached garage spaces: 2
    Features
    • Levels: Three
    • Stories: 3
    • Has view: Yes
    • View description: Mountain(s)
    • Has water view: Yes
    • Water view: Lake,Panoramic-Lake
    Lot
    • Size: 0.46 Acres
    • Features: Greenbelt
    • Topography: Downslope
    Details
    • Parcel number: 12551114
    • Zoning description: TA_IV4
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: SingleFamily
    • Architectural style: Other
    • Property subtype: Single Family Residence
    Materials
    • Roof: Composition,Other
    Condition
    • Updated/Remodeled
    • New construction: No
    • Year built: 1984

    Community & neighborhood

    Security
    • Security features: Security System
    Location
    • Region: Incline Village
    • Subdivision: SurroundingArea

    Other

    Other facts
    • Listing agreement: EXCLUSIVE RIGHT
    • Price range: $5.8M - $5.8M

    Price history

    DateEventPrice
    11/17/2025Listing removed$14,950$3/sqft
    Source: Zillow Rentals Report a problem
    9/25/2025Listed for rent$14,950$3/sqft
    Source: Zillow Rentals Report a problem
    8/29/2025Sold$5,800,000-0.9%$1,200/sqft
    Source: TSMLS #20251474 Report a problem
    7/27/2025Contingent$5,850,000$1,210/sqft
    Source: NNRMLS #250052389 Report a problem
    7/27/2025Pending sale$5,850,000$1,210/sqft
    Source: TSMLS #20251474 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$17,214 +2.9%$615,336 +4%
    2024$16,731 +0.9%$591,850 +7.9%
    2023$16,582 +2.9%$548,480 +17.6%

    Find assessor info on the county website

    Neighborhood: 89451

    Nearby schools

    GreatSchools rating
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    Estimated market value$5,829,900
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    Estimated market value
    $5,829,900