When walking down Lakeshore Boulevard in Incline Village during the summer months, it’s hard to miss the construction activity going in and out of 885/887 Lakeshore property.

Formerly known as the Quiet Waters two-parcel estate, it’s no secret that Lyndon Rive—Elon Musk’s cousin—is building an underwater hockey pool there. The Tahoe Regional Planning Agency approved the blueprints for the 5,514-sq.-ft. natatorium three-story indoor pool house back in 2022, which includes five bedrooms, four bathrooms, a locker room, showers, bunkrooms, and other amenities on one of the parcels; and it’s clear to see construction is well underway.

At that time, rumors had been going around town that the Rives planned on hosting underwater hockey tournaments at their property, but the Rives never made a public announcement about it. In 2024 the TRPA affirmed that the property is still considered a “single-family residence” and holding public activities there would be a violation of their TRPA permit.

However, a faction of Incline Village residents is still dubious about such a large compound being used only by the Rive family and their guests.

“My interest (as with many others in the community) is to not to stop the family from building what it is entitled to on its property—that is its right,” an anonymous source wrote in to the Tahoe Daily Tribune. “But no one wants to see a residential part of Incline Village turned into a ‘sports complex’, to see property values throughout town decrease because of the ego and whims of a billionaire, nor have the peaceful enjoyment of those living nearby disturbed by commercial traffic, noise, and related activity.”

A few months before that anonymous source wrote into us, the Rives bought a vacant lot across the street.

Acquiring 888 Lakeshore Blvd.

In October 2025, the Rives bought the 0.44-acre vacant lot on 888 Lakeshore Boulevard for around $3.5 million. The 5-bedroom house on the street behind the lot was sold on the same day to a buyer under a different LLC. Rumors started kicking up around town again that they would be building a parking lot and dormitory to supplement their underwater hockey tournaments across the street.

On February 12, 2026, TRPA Communications Specialist Thea Schwartz sent the Tahoe Daily Tribune this statement: “TRPA inspectors are monitoring construction at 885 Lakeshore Blvd., which continues to meet the conditions of the TRPA Permit for a single-family dwelling and indoor pool. Whether the homeowner exceeds the scope of the permit in the future will depend on how the property is being used.

“At 888 Lakeshore Blvd., recent public documents include an Individual Parcel Evaluation System, IPES, Evaluation Application, which determines the allowable land coverage on a property, received Nov. 2025, and a permit for tree removal on the property was approved in January 2026. As of now, no development applications have been submitted for 888 Lakeshore Blvd.”

At around that same time, Washoe County Planning & Building Department Planning Manager Trevor Lloyd said that nothing had been sent to the department for changing the 888 Lakeshore Boulevard lot.

Flash forward to June 12, 2026, and an application for a Washoe County building permit for 888 Lakeshore Boulevard had been filed. However, when seeking more information regarding the application, Washoe311 sent a response stating that permits are not public record until they have been reviewed, approved, and issued.

The Tahoe Daily Tribune did receive the 888 Lakeshore Boulevard IPES application sent to the TRPA dated March 5, 2026, proposing “to construct a single family dwelling with an antique car storage space below on a currently vacant residential parcel. The residence is proposed to have one bedroom, one bathroom, and an open concept for the kitchen/living/dining/recreation areas,” the application says.

The residence is also proposed to have a Lakeshore Boulevard-facing terrace on the south side of the home. The entire project is meant to accept 4,705 sq. ft. of space on the vacant lot, as well as requesting 244 sq. ft. of off-site coverage to allow access onto the parcel from Rubicon Peak Lane.

According to TRPA Public Information Officer Jeff Cowen, TRPA planners have up to 120 days to complete their review of a permit application, not including time for an applicant to give more information that may be needed to finish it.

“If the planner requires additional information—like better stormwater infiltration plans or proof of an easement for a driveway—the applicant is responsible for submitting that information outside of TRPA’s review deadlines. Sometimes that can extend the review time for an application,” Cowen adds.

Some members of the Incline Village community are clearly concerned about seeing this project move forward, which again brings up the argument about the rights of private property owners and any responsibility they have to the public to communicate their plans.

“It is apparent that the Rives plan to go forward with the construction, occupancy, and use of a commercial swimming facility,” the anonymous citizen wrote. “I would merely like to see Washoe Country and TRPA enforce its own codes and ordinances and see the family agree—prior to occupancy permits and TRPA signoff—to abide by them. For once occupied, TRPA has limited enforcement powers; the small fines that could be levied for holding a commercial event on a residential property would be immaterial to this family.”

Back in February 2026, TRPA’s Thea Schwartz added, “We appreciate the vigilance of community members in shared accountability for protecting Lake Tahoe. If you or anybody notices anything that needs attention, please let us know. Concerns may be reported online (https://www.trpa.gov/contact/report-a-concern/) or by contacting our Compliance Manager Steve Sweet directly at ssweet@trpa.gov.”

As of July 5, 2026, a Whisper Homes sign is the only thing placed within the trees on the 888 Lakeshore Boulevard. On the sign is a QR code leading back to the Incline Village-based home construction company, where it touts constructing “ultra-contemporary luxury homes that deploy leading-edge technologies with minimal impact on the environment.” A representative from Whisper Homes could not be reached for comment about this project.