Zephyr Heights Real Estate

Welcome to Zephyr Heights, a picturesque subdivision nestled in the heart of Zephyr Cove, Nevada. This charming community offers a unique blend of natural beauty and modern living, making it an ideal destination for those seeking a serene lifestyle surrounded by the stunning landscapes of the Sierra Nevada.

Zephyr Heights is characterized by its spacious lots, many of which boast breathtaking views of Lake Tahoe and the surrounding mountains. Residents enjoy a tranquil atmosphere, with the crisp mountain air and the soothing sounds of nature as their daily backdrop. The subdivision is thoughtfully designed to promote a sense of community, featuring well-maintained streets and beautifully landscaped common areas that invite neighbors to connect and enjoy the outdoors.

One of the standout features of Zephyr Heights is its proximity to outdoor recreational activities. Whether you’re an avid hiker, skier, or simply love to bask in the beauty of nature, you'll find countless opportunities for adventure right at your doorstep. The nearby Lake Tahoe provides ample opportunities for boating, fishing, and swimming during the warmer months, while the winter transforms the area into a snowy wonderland perfect for skiing and snowboarding.

In addition to its natural allure, Zephyr Heights is conveniently located near local amenities, including charming shops, restaurants, and parks. The close-knit community vibe combined with the stunning surroundings makes Zephyr Heights a desirable place to call home. Whether you’re looking for a year-round residence or a vacation retreat, this subdivision offers a unique lifestyle that captures the essence of mountain living at its finest. Come explore Zephyr Heights and discover the perfect place to create lasting memories!

Newest Listings in Zephyr Heights

$2,495,000

5 Beds ⋅ 5 Baths ⋅ 260010430 MLS

Set in the coveted Zephyr Heights neighborhood on Lake Tahoe's Nevada East Shore, this recently updated five-bedroom, five-bath home combines timeless Tahoe character with everyday comfort and convenience. Filtered lake views, an alpine backdrop, and two expansive decks, create inviting spaces to enjoy the Sierra setting in every season. The home has been thoughtfully improved with a brand-new kitchen featuring quartz countertops and a functional layout well suited for both daily living and entertaining. There's also a bonus room that would make a great office! Generous windows bring natural light indoors and create a strong connection to the surrounding landscape, while the flexible floor plan offers comfortable gathering areas for family and guests. Outside, the property includes a large, level driveway, oversized garage, and spacious level yard—an uncommon combination that adds convenience and room to enjoy Tahoe's outdoor lifestyle. Zephyr Heights is among the East Shore's most desirable established neighborhoods, appreciated for its larger homesites, lake views, privacy, and easy access to area amenities. With no HOA, owners have added flexibility while remaining just minutes from Zephyr Cove Beach, Round Hill shopping and dining, and the Stateline casino and entertainment corridor. Heavenly's Boulder Lodge is approximately six miles away, providing convenient access to skiing, snowboarding, hiking, and mountain biking. Whether you are looking for a full-time residence, Tahoe getaway, or investment opportunity, this well-maintained lakeview property presents an exceptional chance to enjoy Nevada's sought-after East Shore lifestyle.--

628 Riven Rock Rd, Zephyr Cove

$1,750,000

4 Beds ⋅ 2 Baths ⋅ 260006207 MLS

This beautifully designed mountain retreat offers an open, spacious floor plan filled with natural light and framed by stunning alpine scenery. A striking glass-enclosed room captures picturesque views of snow-covered mountains and glimpses of Lake Tahoe through the surrounding pines, creating a truly serene setting. Thoughtfully appointed throughout, the home features high-end finishes including premium kitchen appliances, heated tile floors, and tastefully curated furnishings that enhance both comfort and style. With four bedrooms and two full bathrooms, the layout provides flexibility for both everyday living and entertaining. Ideally located just minutes from Nevada Beach and only four miles from South Lake Tahoe's vibrant town center, this home offers the perfect balance of privacy and convenience. Enjoy lake and mountain views, unwind in the private hot tub, and experience the very best of Tahoe living.

648 Lakeview Dr, Zephyr Cove

$1,150,000

2 Beds ⋅ 2 Baths ⋅ 260004860 MLS

Perched above Marla Bay and Zephyr Cove in the coveted Zephyr Heights community on the Nevada side of Lake Tahoe lies this beautifully remodeled, turnkey home. This property offers an extraordinary opportunity to build equity through a significant, pre-planned expansion. While the home is currently a beautifully remodeled sanctuary, it is sold with plans for a 917-square-foot second-story addition and a spectacular rooftop deck, offering a clear path to transform the residence into a 2,592-square-foot masterpiece (or over 3,000 square feet with alternative designs). Though the previous TRPA and Douglas County permits from 2012 have expired, renewal is feasible as land coverage has already been verified by TRPA, drastically simplifying the development process. Offered fully furnished, the home borders US Forest Service land on two sides, providing rare privacy and serene mountain views. The residence underwent a comprehensive 2013 remodel, transforming it into an open floor plan featuring a luxurious primary suite with a gas fireplace, walk-in closet, and a spa-like bath with heated travertine floors and a jetted tub. Unique custom touches include alder barn doors, Murphy bookshelf doors, and a versatile Murphy bed that converts into a desk. French doors open seamlessly to an expansive redwood deck equipped with a spa, natural gas grill, and fire table, overlooking a fenced, level front lawn and a gently sloping landscaped backyard. Located less than two miles from Zephyr Cove Resort and Round Hill Pines, and just a short drive from Heavenly Village and the Tahoe Blue Event Center, this home offers the ultimate blend of Nevada tax benefits, modern comfort, and future investment potential.

633 Riven Rock Rd, Zephyr Cove

$2,195,000

5 Beds ⋅ 6 Baths ⋅ 260004465 MLS

A rare opportunity to own a distinctive Swiss Chalet-inspired residence in sought-after Zephyr Heights—just minutes from Lake Tahoe and Heavenly Village. Positioned on a prominent corner lot and uniquely zoned as a duplex by Douglas County, this expansive property offers exceptional flexibility for both personal enjoyment and income potential. Designed for gathering and entertaining, the home features five oversized bedrooms, six baths, a game room, and a spacious family room, all complemented by soaring vaulted ceilings and three wood-burning fireplaces. Two generous decks on each level capture western exposure, flooding the home with natural light and creating seamless indoor-outdoor living with inviting sunset views. Ample parking for eight or more vehicles further enhances its appeal for larger groups. Whether envisioned as a luxury vacation retreat, corporate ski lodge, or high-performing rental asset, this property delivers on both lifestyle and return. With its rare duplex zoning, prime location, and substantial capacity, it presents a compelling opportunity for investors and buyers seeking versatility, scale, and long-term value—offered at an attractive and competitive price point.

611 Jerry Dr, Zephyr Cove

$598,000

250059381 MLS

This .51-acre parcel provides a unique opportunity to create a customized retreat with beautiful filtered views of Lake Tahoe. Plans for a single-family home with phenomenal views have been created, offering potential for rental income or a personal escape. This property offers a chance for cellular leases, rental income or a private retreat. This lot would also be a great addition to the luxury property next door at 671 Lookout Rd.

664 Lookout Rd, Zephyr Cove

$1,900,000

250004253 MLS

This rare vacant lot located in Zephyr Heights boasts a breathtaking panoramic lake view and comes with TRPA-approved plans for a brand-new mountain modern home. The home will span three levels of luxurious living, beginning with a dramatic street-level entrance that includes an elevator for ease of access. The main level will feature two spacious bedroom suites, a large great room with a cozy living area with fireplace, a powder bathroom, a fully equipped designer kitchen, and a convenient laundry room—each space designed to showcase the stunning southwest lake views. On the second level, two additional lake-view bedroom suites will provide the perfect private retreats, along with a versatile family/theatre/game room designed for relaxation and entertainment. The third level is dedicated to a separate bedroom suite, offering the potential for a lock-off design with private outside access—ideal for guests or as an independent living space. With its exceptional design and awe-inspiring views, this property is set to become the ultimate mountain retreat. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging. Actual property condition may differ.

227 S Martin, Zephyr Cove

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© 2017 Northern Nevada Regional MLS, Inc. All Rights Reserved
Data last updated on 06/28/2017.

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 brokerage firms other than owner of this page are marked with the Broker Reciprocity logo and detailed information about them includes the name of the listing brokers.

Information deemed reliable but not guaranteed