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$1,800,000
3 Baths ⋅ 260012390 MLS
Rare opportunity to own a well-located triplex in desirable Zephyr Cove, offering a blend of income potential, outdoor lifestyle, and future development possibilities. The property features three separate units: a spacious 3-bedroom, 2-bath, a 2-bedroom, 2-bath, and a 1-bedroom, 1-bath. Some units enjoy lake views, while the property itself offers a nice yard, abundant parking, and a detached garage. There is also potential to develop a fourth unit, providing an exciting opportunity for an owner looking to add value and increase the property's income potential, subject to applicable approvals and zoning requirements. Located close to the beaches, Lake Tahoe, hiking, biking, skiing, boating, and the year-round outdoor recreation that makes the Tahoe lifestyle so desirable. Whether you're looking for a multifamily investment, a property with room to grow, or a foothold in the Tahoe market, 636 Lakeview offers a compelling combination of location, flexibility, and potential.

636 Lakeview Dr, Zephyr Cove

$5,400,000
4 Beds ⋅ 5 Baths ⋅ 260012321 MLS
Commanding spectacular, million-dollar views of Lake Tahoe, this exceptional three-bedroom, four-and-one-half-bath residence is a showcase of uncompromising craftsmanship, refined materials, and superior construction. Thoughtfully arranged across four levels—each served by a four-stop elevator—the home was designed to capture breathtaking lake vistas from multiple rooms, balconies, and its remarkable top-floor retreat. A striking bronze-and-gold European front door opens to an elegant marble entryway, setting the tone for the quality found throughout. A private first-floor guest suite provides exceptional comfort and privacy, while Andersen windows, solid wood doors, custom mahogany cabinetry and trim, oil-rubbed bronze hardware, and detailed wrought-iron railings inside and out reflect the home's meticulous attention to detail. At the heart of the residence, the light-filled great room frames sweeping Lake Tahoe views through expansive sliding glass doors supported by steel-reinforced construction. Inlaid ceilings, crystal chandeliers, travertine flooring, and a handsome fireplace create an impressive yet inviting setting for entertaining and everyday living. The gourmet kitchen is beautifully appointed with quartzite countertops, custom self-closing mahogany cabinetry, premium Thermador appliances, a dual-convection oven, Kohler sinks, and a generous walk-in pantry. Nearby, the elegant bar makes a dramatic statement with an illuminated onyx countertop and dedicated wine and beverage refrigerator. The primary ensuite is a serene private retreat featuring panoramic views, balcony access, a custom walk-in closet, an oversized European-style shower, and a spa-inspired bath with a soaking tub. Upstairs bathrooms are enhanced by luminous onyx countertops. TOTO toilets are installed throughout the residence. Additional amenities include a gym with balcony access, a spacious laundry room, three forced-air furnaces, energy-efficient Noritz on-demand water heaters, and a residential fire-sprinkler system. Crowning the home is an extraordinary observation room, library, and den with custom mahogany bookshelves and commanding fourth-floor views across Lake Tahoe—an unforgettable vantage point and the ultimate expression of elevated Tahoe living.

625 Point Rd, Zephyr Cove

$2,250,000
6 Beds ⋅ 10 Baths ⋅ 260012256 MLS
Welcome to this ultimate 1975 Tahoe classic in Zephyr Heights, offering an impressive 5,500 square feet of potential designed for grand-scale entertaining, extended families, or a high-yield vacation rental. Positioned on a spacious lot with filtered lake views and a large fully fenced yard, this residence features a unique, custom floor plan with endless possibilities, awaiting your personal touch and updates. The sprawling home offers six oversized bedrooms, eight full bathrooms, and two half bathrooms, ensuring complete privacy and ultimate flexibility. The upper main level showcases a grand open great room with a cozy wood-burning fireplace, an expansive adjacent balcony, a kitchen designed for effortless hosting, and direct access to the attached oversized four-car garage with extra outdoor parking and abundant storage throughout. On the middle floor, you will find the generous primary suite complete with walk-in closets, a dedicated sitting area, a large soaking tub, and a private balcony to enjoy the mountain air, alongside four guest bedrooms and a private indoor wellness space complete with a large jacuzzi and custom steam room. Each guest bedroom includes its own private attached full bathroom, making them perfectly suited for a home office, gym, or customized retreat. Downstairs, the lower level features a massive game room with an enclosed laundry area and two additional suites. Offering tons of space, a prime location close to all Lake Tahoe attractions, and a price reflecting its upside potential, this property is ready for its next chapter and custom transformation.

283 S Martin Dr, Zephyr Cove

$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

$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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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.

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