$10,900,000 Active
1754 US Highway 50
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.
3 Beds
·
2.0 Baths
·
1,456 Sq Ft

About This Property

Some mornings on the East Shore start with coffee on a cabin deck, a walk down a private path to the private beach, and the lake already in reach. That is the life this Glenbrook property delivers today, while a brand-new 5,871 square foot home by Kelly & Stone is already two years into design and permitting. This is a classic East Shore cabin on a rare 0.78-acre lakefront parcel in a quiet, no-HOA pocket of Glenbrook, one of Nevada's most coveted, tax-friendly zip codes. The existing 1950s cabin is modest. The setting is not. Direct lake access and a private path to the large sandy private beach, an existing buoy in the water, and a property already deep into the process of becoming a custom lakefront home designed by renowned architects Kelly & Stone. Live here now. Build what comes next. Over the past two years, the majority of the heavy lifting has been done. The custom home is fully designed and has TRPA approval, putting this site well ahead of a typical lakefront lot with no plans. Build the current vision or refine it. The flexible floor plan for the new residence features four generous bedrooms, including a bunk room and a luxurious primary suite, and can be modified to as many as six bedrooms. Plans include a private gym and sauna with lake views, a dedicated theater, expansive open-concept living, dining, and kitchen spaces that open onto decks and patios, multiple fireplaces, an outdoor kitchen, soaring timber-and-stone architecture, and floor-to-ceiling glass framing the mountain and lake views. In addition, this parcel and the adjoining neighbor won the 2025 shared pier lottery, further cementing this opportunity for lakefront living at its finest. The shared pier is in final TRPA review. Once approved, construction is expected next year and will deliver a deeded 12,000-pound boat lift on the shared 300-foot pier. Until then, the existing buoy already gives you effortless lake access from day one. A second buoy can be added after the pier is installed. 1754 Highway 50 is an exceedingly rare East Shore opportunity: enjoy lakefront living now from the existing cabin, the private path to the large sandy beach, and the buoy, while the next chapter is just around the corner.

Listed by Matthew Schorr — Compass

Listing Details

Status Active
MLS # 260011317
Days on Market 12
Price/Sq Ft $7,486

Property History

Sep 01, 2026
Listed for sale
$10,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $2,400,000 Deed record — brokerage sides not reported

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,456
Lot Size 0.78 acres
Stories 1
Year Built 1954
Property Type Single Family Residence
County Douglas
STR Jurisdiction Douglas County
APN 1418-15-801-006
Parking
Total Parking 4
Parking Features Carport, Parking Pad
Exterior & Lot
Exterior Features None
Lot Features Adjoins Lake, Level, Sloped Down
View Mountain(s), Trees/Woods
Roof Metal
Foundation Concrete Perimeter, Full Perimeter, Slab
Utilities & Systems
Heating Oil
Water Source Lake Tahoe
Financial
Annual Tax $21,584
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

STR Investment Analysis

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

STR Investment Analysis

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,231 sq ft covered of 341 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
35,343 sq ft
Allowed Coverage
341 sq ft · 1%
Existing Coverage
3,231 sq ft · 9%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 2, 4, 6
Existing Units
1

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 ↗

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% ($2,180,000)
Home price
$10,900,000
Loan details
30-yr fixed, 6.5%
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