$3,500,000 Active

1691 Michael Lane

Glenbrook, NV 89413

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✗ No VHR Permits in Logan Creek

Douglas County doesn't issue vacation-rental permits in Logan Creek.

4 Beds

5.0 Baths

3,466 Sq Ft

Our data on this home

TRPA land coverage Over the limit 5,978 of 357 sq ft used Home insurance $6,500 – $9,500/yr Standard homeowners policy

About This Property

Experience the beauty of mountain living in this exceptional 3,500-square-foot home in Logan Creek, the only 1 acre community with a private deeded beach, showcasing panoramic north-facing lake views and an impressive setting. Featuring 4 bedrooms and 5 bathrooms, this spacious residence offers a thoughtful blend of comfort, elegance, and functionality. Vaulted ceilings create an airy, open atmosphere, while expansive living spaces capture the surrounding natural beauty and breathtaking lake vistas. The exterior is equally impressive, with a striking water feature, mature landscaping, and abundant parking for family, guests, and recreational vehicles. A desirable south-facing driveway provides excellent sun exposure, while the generous one-acre parcel offers privacy, space, and room to enjoy the outdoors. With its sweeping lake views, vaulted ceilings, beautifully landscaped grounds, and exceptional parking capacity, this Logan Creek property presents a rare opportunity to enjoy spacious mountain living in a truly remarkable setting.

Listed by Jana Bednar — Chase International - ZC

Listing Details

Status Active

MLS # 260013094

Price/Sq Ft $1,010

Property History

Oct 14, 2026

Listed for sale

$3,500,000

Property Overview

Beds 4

Baths 5.0

Sq. Ft. 3,466

Lot Size 0.83 acres

Stories 3

Year Built 1965

Property Type Single Family Residence

Subdivision Logan Creek Estates

County Douglas

STR Jurisdiction Douglas County

APN 1418-22-511-006

Parking

Garage Spaces 2

Total Parking 6

Parking Features Garage

Attached Garage Yes

Exterior & Lot

Exterior Features Fire Pit

Lot Features Level, Sprinklers In Front, Sprinklers In Rear

View Mountain(s)

Roof Composition

Foundation Pillar/Post/Pier

Utilities & Systems

Heating Oil

Water Source Lake Tahoe

Financial

Annual Tax $12,258

HOA / Community Logan Creek GID

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

STR analysis

STRUCTURAL SCORE —

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PROJECTED GROSS ANNUAL REVENUE

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~— per month

Avg Nightly

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Occupancy

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Cap Rate

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STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit

5,978 sq ft covered of 357 sq ft allowed

This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.

Parcel Size

35,735 sq ft

Allowed Coverage

357 sq ft · 1%

Existing Coverage

5,978 sq ft · 17%

Addable Coverage

0 sq ft

Land Capability · TRPA-verified

Existing Units

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$6,500 – $9,500/yr

about $667/mo

Est. Rebuild Cost (Coverage A)

$1,906,300

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$19,387 per month

Principal & interest

$17,698/mo

Property taxes

$1,022/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$0/mo

From MLS listing data.

Home insurance

$667/mo

Estimated ~$6,500–$9,500/yr — get a local broker quote for accuracy.

Down payment

20% ($700,000)

Home price

$3,500,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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