#250003490, Yvette Shipman, Listing office: Sierra Sothebys International
587 Fallen Leaf Way Incline Village, NV 89451
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
(Active Under Contract-No Show)
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
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Price information
Property sales
Date | Event | Price |
---|---|---|
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
Year | Assessment | Property 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.
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.
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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.