$12,900,000
1472 Flowers Avenue
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.
5 Beds
·
4.0 Baths
·
4,123 Sq Ft

About This Property

Timeless Lakefront Lodge, including dual lots 1472 & 1474 Flowers Avenue, Glenbrook, NV Once the cherished lakefront estate of baseball legend Ty Cobb, this extraordinary legacy property on Lake Tahoe's eastern shore is a rare fusion of Old Tahoe craftsmanship and elevated modern living. Encompassing two legal parcels, 1472 Flowers Ave, .87 acres & 1474 Flowers Ave. , .25 acres, totaling 1.13 acres and 50 feet of pristine shoreline, the offering includes a beautifully updated 1938 lodge-style residence, deeded boat buoy, and sunset-facing views that stretch across the lake and Sierra horizon. The primary lakefront home showcases a grand lodge aesthetic with timeless materials: aged knotty pine paneling, restored original 1930s hardwood floors, and a magnificent stone fireplace that anchors the great room. Towering picture windows and expansive lake-view decks blur the line between indoor serenity and outdoor splendor. The remodeled kitchen strikes a perfect balance between rustic warmth and modern utility, with stone countertops, premium appliances, and open sightlines ideal for entertaining or relaxed daily living. A tranquil lakeside primary suite and two guest bedrooms are located on the main level, while a spacious new addition includes a luxe media/family room and a rare 4-car garage. Downstairs, two more bedrooms, a full bath, and ample storage provide flexibility for multi-generational living, guests, or expansion potential. The entire home has been extensively upgraded in thoughtful improvements, including a new standing-seam metal roof, fully redesigned bathroom suite, two new water heaters, water filtration, security cameras, high-end ceiling fans, designer lighting, and custom window treatments. Outdoor living is effortless, from the professionally landscaped gardens and gated drive to a secluded beachfront walkway and fenced backyard oasis. Lakeside decks are ideal for sunset dining, fireside lounging, or watching the waves gently lap the shore. The included upper parcel—1474 Flowers Ave—is a separate, but seamlessly integrated, buildable lakeview lot with conceptual architectural plans, offering an extraordinary opportunity for future development, guesthouse, or estate expansion. Private water rights, a shared well system, and dedicated security upgrades enhance both independence and peace of mind. This is a once-in-a-generation offering for those seeking a refined retreat, a lasting legacy, or a one-of-a-kind lakefront compound along the most coveted shoreline in Lake Tahoe.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 250052036
Days on Market 296
Price/Sq Ft $3,129

Property History

Jun 24, 2025
Listed for sale
$12,900,000
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
Subdivision Cave Rock Cove
County Douglas
STR Jurisdiction Douglas County
APN 1418-27-210-036
Parking
Garage Spaces 3
Total Parking 7
Parking Features Additional Parking, Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Adjoins Lake, Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Metal, Pitched
Foundation Concrete Perimeter, Full Perimeter, Slab
Utilities & Systems
Heating Fireplace(s), Floor Furnace, Forced Air, Propane
Water Source Lake Tahoe
Financial
Annual Tax $20,357
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 — 1472 Flowers Avenue, Glenbrook

Est. Annual Revenue
$552,006
Avg Nightly Rate
$4718
Projected Occupancy
32.0%
Cap Rate
1.7%
Structural Score: 77 / 100 (Luxury) · 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% ($2,580,000)
Home price
$12,900,000
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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