$24,988,000
1146 Hwy 50
Glenbrook, NV 89413
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
7 Beds
·
7.5 Baths
·
5,077 Sq Ft

About This Property

A rare 3.45-acre lakefront compound where Old Tahoe heritage meets modern luxury and lifelong memories are made. Experience the soul of Lake Tahoe at the Hidden Harbor Legacy Estate, offering 230+ feet of pristine shoreline, a grand harbor-style pier with breakwater, boathouse, internal hoist, two buoys, and a protected private harbor with deeded water rights. Set within a secluded, gated enclave surrounded by massive granite boulders and crystalline turquoise waters, this timeless retreat blends classic Tahoe character with refined contemporary craftsmanship—delivering serenity, seclusion, and spectacular Mount Tallac and sunset views from nearly every vantage point. Designed for recreation, relaxation, and connection, the estate features a circular driveway, manicured lawns for gatherings, and dedicated lake gear storage. Hidden Harbor's waterfront amenities are extraordinary: an expansive 1,900+ sq. ft. pier, a boathouse, boat lift, pier lighting, and a protected sandy harbor with breakwater jetties, all creating a private waterfront playground for boating, swimming, and golden Tahoe evenings. With its rare scale, privacy, and unrivaled waterfront infrastructure, Hidden Harbor Legacy Estate is ideally suited as an extraordinary multi-generational family compound, executive retreat, or corporate wellness getaway, a once-in-a-generation offering on Tahoe's Nevada shoreline. Five fully renovated lakefront villas embody mountain-modern living, each offering breathtaking lake views, designer finishes, fireplaces, heated-floor bathrooms, full kitchens, dining areas, laundry, and private composite decks. At the heart of the estate, Villa One serves as the communal lodge—crafted for effortless entertaining and family connection—with a striking bar, open living and dining spaces, two full bathrooms, a loft, and dual sliders opening to a panoramic view deck. Villa Two, the primary suite villa, offers vaulted ceilings, a spacious bedroom, spa-style bath with heated floors, gas fireplace, bar, chef's kitchen with slab granite counters, and a custom kids' loft. Villas Three, Four, and Five are detached two-bedroom residences, each with full kitchens, fireplaces, living and dining rooms, laundry, and private Trex decks overlooking the lake. Villa Five also includes a carport for covered parking. With approximately 32,966 sq. ft. of verified TRPA coverage and 4,948 sq. ft. of unused allowable coverage, Hidden Harbor offers exceptional flexibility—whether preserved as a cherished family sanctuary or envisioned as a destination for corporate retreat and rejuvenation. Perfectly located just five miles from Heavenly Village, Edgewood Golf Course, and Stateline's entertainment corridor, and only half a mile from Zephyr Cove Resort, this rare lakefront property combines accessibility, privacy, and enduring legacy—all within 45 minutes of Reno-Tahoe International Airport. Hidden Harbor Legacy Estate is where family traditions, natural beauty, and timeless design converge—celebrating the very best of Lake Tahoe's Nevada shoreline.

Listed by Gregory Ochoa — Mountain Luxury Properties

Listing Details

Status Active
MLS # 250057480
Days on Market 158
Price/Sq Ft $4,922

Property History

Oct 24, 2025
Listed for sale
$24,988,000
Property Overview
Beds 7
Baths 7.5
Sq. Ft. 5,077
Lot Size 3.45 acres
Stories 1
Year Built 1931
Property Type Single Family Residence
County Douglas
STR Jurisdiction Douglas County
APN 1418-34-302-001
Parking
Total Parking 20
Parking Features Additional Parking, Carport, RV Access/Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Adjoins Lake, Gentle Sloping, Landscaped, Sprinklers In Front, Wooded
View Mountain(s)
Construction Glass
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter
Utilities & Systems
Heating Fireplace(s), Natural Gas, Wall Furnace
Water Source Lake Tahoe
Financial
Annual Tax $44,745
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 1146 Hwy 50, Glenbrook

Est. Annual Revenue
$674,685
Avg Nightly Rate
$6815
Projected Occupancy
27.0%
Cap Rate
1.1%
Structural Score: 71 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Glenbrook. Revenue projections are estimates and may vary.

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($4,997,600)
Home price
$24,988,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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