$12,900,000 $13,300,000 ↓ $400,000 reduced
1472 Flowers Avenue
Glenbrook, NV 89413
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
5 Beds
·
4.0 Baths
·
4,123 Sq Ft

About This Property

Timeless Lakefront Lodge with Adjoining Buildable Lot. Formerly Ty Cobb’s lakefront estate, this rare offering blends Legendary Tahoe charm with modern luxury on 1.13 acres and 50 ft of shoreline. The beautifully updated 1938 lodge at 1472 Flowers features knotty pine walls, original hardwoods, a grand stone fireplace, remodeled kitchen, lakeside primary suite, media room, and 4-car garage. Thoughtful upgrades include a new metal roof, redesigned bath suite, water filtration, designer lighting, and security. Outdoor spaces include lakeview decks, landscaped grounds, a fenced yard, and private beachfront walkway. A deeded buoy adds lake lifestyle ease. The adjoining .25-acre buildable parcel at 1474 Flowers offers conceptual plans for expansion or guesthouse. A once-in-a-generation legacy opportunity on Tahoe’s coveted east shore.

Listed by Craig Zager — Coldwell Banker Select

Listing Details

Status Withdrawn
MLS # 1018330
Days on Market 376
Price/Sq Ft $3,129

Property History

Jul 16, 2025
Listed for sale
$12,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jul 2023 $9,800,000 Star BrooksChase International - ZC Elizabeth StahlRE/MAX Gold-Carson City

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 5
Baths 4.0
Sq. Ft. 4,123
Lot Size 1.13 acres
Stories 2
Year Built 1938
Property Type Single Family Residence
County Douglas
STR Jurisdiction Douglas County
APN 141827210036
Parking
Garage Spaces 3
Parking Features Three Car Garage
Attached Garage Yes
Exterior & Lot
Lot Features Cul-De-Sac,Lake Front,Rolling Slope,Level
View Lake,Panoramic
Roof Metal,Pitched
Utilities & Systems
Heating Forced Air,Floor Furnace,Propane
Financial
Annual Tax $20,357
📊

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 — 1472 Flowers Avenue, Glenbrook

Est. Annual Revenue
$550,836
Avg Nightly Rate
$4708
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 76 / 100 (Luxury) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
10,436 sq ft covered of 360 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
37,078 sq ft
Allowed Coverage
360 sq ft · 1%
Existing Coverage
10,436 sq ft · 28%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($2,580,000)
Home price
$12,900,000
Loan details
30-yr fixed, 6.5%
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