Long Established 1/8 Fractional Ownership in Lake Tahoe

517 Lucille Drive

Offered at $245,000

3 Bed

2 BAth

2-car parking

1,826 sq. ft.

1/8 Fractional Ownership on Tahoe’s North Shore

Enhanced Access to Incline Village Living

Shared ownership in Incline Village, Lake Tahoe becomes far more achievable with this rare 1/8 deeded fractional property on the sought-after North Shore. This offering provides a practical and streamlined path to enjoying a second home in one of Tahoe’s most desirable communities. With 7 weeks of annual usage, owners gain consistent access throughout the year, creating a reliable home base for relaxation, recreation, and time spent with those who matter most.

Residence

Space Designed for Comfort and Flexibility

The property features 3 bedrooms, 2 bathrooms, and 1,826 sq. ft. of living space, offering an interior layout that accommodates families, groups, or visiting guests with ease. The generous square footage supports both gathering and privacy, allowing owners to settle in comfortably during each stay. Thoughtful storage solutions—including garage space specifically suited for recreation equipment—provide added convenience for days spent enjoying the outdoors.

Living room with white sofas, colorful pillows, wooden coffee table, stone fireplace with fire, TV on wooden stand, and dining area with windows, curtains, and wooden furniture.
A house in a forest of tall pine trees on a sloped terrain with dry pine needles and scattered rocks, under a partly cloudy sky.

Features

A Managed, Effortless Second-Home Experience

Full property management ensures that every visit feels smooth from arrival to departure. Maintenance, care, and oversight are handled on behalf of the owners, allowing each stay to be focused purely on enjoyment. The structure of this established co-ownership model provides predictability and simplicity, making it easy to maximize time spent in the home and the surrounding natural beauty.

Aerial view of a coastal area with a bay, sandy beach, rocky shoreline, pine forest, and distant mountains under a clear blue sky.

Location

Direct Access to Tahoe’s Outdoor Lifestyle

Situated in desirable Incline Village, the property places owners within easy reach of the area’s well-known beaches, scenic trails, and renowned ski resorts. From winter snow-sport adventures to summer time on the water, this North Shore location supports year-round recreation. The combination of shared ownership, consistent annual use, and proximity to Tahoe’s signature amenities makes this an appealing opportunity for those seeking to experience Incline Village in a more accessible way.