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$5,850,000

587 Fallen Leaf Way Incline Village, NV 89451

4 beds
5 full, 1 partial
4,833 sqft
0.5 acres
$1,210 / sqft
House

Property details

About 587 Fallen Leaf Way

Welcome to 587 Fallen Leaf Way - where cutting-edge technology meets timeless Tahoe luxury. 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. The photos don't do justice to the quality and view from this home. Must see in person to appreciate it!

Highlights

Home typeSingle Family Residence
HeatingFireplace(s), Radiant, Radiant Floor
StatusAccepting Backup Offers
(Active Under Contract-No Show)
Size4,833 sqft
Lot size0.46 Acres
Year built1984
ParkingAttached, Garage, Garage Door Opener, Heated Driveway
MLS #250052389
Attached garage2 spaces
FireplaceGas, Gas Log
ViewTrees/Woods

Summary

  • Partial Bathrooms: 1
  • Full Bathrooms: 5
  • Appliances: Dishwasher, Disposal, Double Oven, Dryer, Gas Cooktop, Microwave, Refrigerator, Trash Compactor, Washer
  • Flooring Type: Carpet, Stone, Wood
  • Interior: Central Vacuum, High Ceilings, Smart Thermostat, Vaulted Ceiling(s)
  • Fireplace: Gas, Gas Log
  • Total Bedroom Count: 4
  • Garage Space: 2 spaces
  • Attached Garage: Yes
  • Private Pool: No
  • Parking: Attached, Garage, Garage Door Opener, Heated Driveway
  • View: Trees/Woods
  • Exterior: Balcony, Fire Pit, Smart Irrigation, None
  • Heating: Fireplace(s), Radiant, Radiant Floor
  • List Price: $5,850,000
  • Price/SqFt: $1,210
  • Annual Tax Amount: $16,731
  • Tax Year: 2023
  • Lot: Landscaped, Sloped Down
  • Year Built: 1984
  • Stories: 3
  • Living Area: 4,833 SqFt
  • Lot Size: 0.46 Acres
  • MLS Number: 250052389
  • Office Name: Christies International Real Estate Sereno
  • Office Phone: (530) 581-6927
  • Listing Agent: Christine Perry

IDX Copyright © 2025 Northern Nevada Regional MLS. All rights reserved.

The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Northern Nevada Regional MLS. Real estate listings held by other brokerage firms are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers. Information is supplied by seller and other third parties and has not been verified.

The information on this web site is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. We are not responsible or liable for misinformation, misprints, or typographical errors. All information provided is deemed reliable but is not guaranteed and should be independently verified through personal inspection by and/or with the appropriate professionals. Properties subject to prior sale, change, withdrawal or rental. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 8/1/2025, 5:10:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Apr 26, 2012
Home Sold
$2,886,000
Jun 16, 2005
Home Sold
$1,500,000
Oct 21, 1997
Home Sold
$663,500

Tax history

YearAssessmentProperty Tax
2023$548,480$16,731
2022$466,310$16,582
2021$444,906$16,122
2020$439,293$16,122
2019$425,871$15,289
2018$406,337$14,868
2017$405,371$14,324

History based on county public records data.

Nearby schools

5

Incline Elementary School

Public District KG-5

1.6 mi

915 Northwood Blvd

7

Kings Beach Elementary School

Public District KG-4

2.9 mi

8125 Steelhead

7

Glenshire Elementary School

Public District KG-5

9.6 mi

10990 Dorchester Dr

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $139,265. The most common annual income of people living in Incline Village, NV is between $100k-200k. Residents typically live in married, no kids family. Residents of this area typically have post secondary degree education.

How much money do the neighbors make?

10%
<35k
11%
35k-100k
60%
100k-200k
19%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

28%
Single, No Kids
5%
Single, with Kids
52%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

8%
<11 yrs old
6%
12-17 yrs old
7%
18-34 yrs old
55%
35-64 yrs old
24%
65+ yrs old

What do the neighbors do for fun?

  • PGA/LPGAPGA/LPGA
  • Skiing/snowboardingSkiing/snowboarding
  • Figure SkatingFigure Skating

Where do the neighbors shop?

  • Stein MartStein Mart
  • BJs Wholesale ClubBJs Wholesale Club
  • KmartKmart

Where do the neighbors go to eat?

  • Cracker BarrelCracker Barrel
  • PaneraPanera
  • Bob EvansBob Evans

What do the neighbors drive?

  • LexusLexus
  • InfinitiInfiniti
  • LincolnLincoln

What do the neighbors listen to?

  • OldiesOldies
  • Adult HitsAdult Hits
  • News/Talk/InformationNews/Talk/Information
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

About 587 Fallen Leaf Way

The listing price of 587 Fallen Leaf Way property is $5,850,000.

The property 587 Fallen Leaf Way is a house located in Incline Village, Nevada, 89451.

Accepting Backup Offers: 587 Fallen Leaf Way is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

The nearby schools for 587 Fallen Leaf Way are: Incline Elementary School (GreatSchools Rating 5/10), Kings Beach Elementary School (GreatSchools Rating 7/10), Glenshire Elementary School (GreatSchools Rating 7/10), Incline Middle School (GreatSchools Rating 6/10), North Tahoe School (GreatSchools Rating 6/10), Alder Creek Middle School (GreatSchools Rating 7/10), Incline High School (GreatSchools Rating 8/10), North Tahoe High School (GreatSchools Rating 7/10), Pioneer High School (GreatSchools Rating 2/10).

According to the records, the last property tax for 2023 is $16,731 (source: MLS/based on county public records data).

The last sale was on April 26, 2012 for $2,886,000 (source: MLS/tax record).

The property at 587 Fallen Leaf Way has 4 bedrooms and 5 full and 1 half bathrooms.

The property 587 Fallen Leaf Way is 4,833 SqFt (source: MLS/tax record).

The year of construction for 587 Fallen Leaf Way is 1984.

This home is located at 587 Fallen Leaf Way in Incline Village, NV and zip code 89451. This 4,833 square foot home, which was built in 1984, sits on a 0.46 acre lot. Features: 4 bedrooms, 6 bathrooms. It has been listed on Rocket Homes since July 1, 2025 and is currently priced at $5,850,000.

In July 2025, from all listings sold in Incline Village, NV there were more than 1 sold above asking price, over 6 sold below and more than 2 were sold right at the asked price. The number of homes for sale in Incline Village, NV increased by 5.6% between June and July 2025. While the average time on the market in July 2025 was 92 days, the median list price was $1,287,500.

From Rocket Homes Real Estate and based on county public records data.

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