$125,000,000 Active
1949 Glenbrook Inn Road
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
·
5.5 Baths
·
35,000 Sq Ft
Virtual Tour

About This Property

Shakespeare Ranch is one of Lake Tahoe's most iconic legacy estates, where historic ranch heritage meets modern luxury on an extraordinary 130-acre setting in Glenbrook, Nevada. Anchoring the estate is a nearly completed 7,713-square-foot Marc Appleton-designed ranch residence and a 690ft Howard Backen Lakefront Cabana, thoughtfully crafted for today's luxury lifestyle. Included in the offering are the surrounding ranch parcels, creating an unmatched compound with over 425 feet of shoreline, a 465-ft private pier, two boat lifts, 14 buoys, multiple guest residences, the Historic Entertainment Pavilion featuring a commercial-grade kitchen, bar, game lounge, & wine room, an indoor wellness pavilion with pool and spa amenities, multiple garages, equestrian facilities, and rodeo grounds. Set within the private gates of Glenbrook, Shakespeare Ranch offers a private beach, championship golf, tennis & more. A once-in-a-generation opportunity to own one of Tahoe's most significant estates.

Listed by Christine Perry — Christie's Sereno

Listing Details

Status Active
MLS # 1019012
Days on Market 1
Price/Sq Ft $3,571

Property History

Jun 26, 2026
Listed for sale
$125,000,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 35,000
Lot Size 126.00 acres
Stories 2
Year Built 2026
Property Type Residential
Style Ranch
County Douglas
STR Jurisdiction Douglas County
APN 1418-10-802-012
Parking
Garage Spaces 3
Parking Features Attached,Garage,Three Car Garage,Gated,Open,Outside,See Remarks,Boat,RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Boat Lift,Barbecue,Fence,Heated Driveway,Horse Facilities,Landscaping,Patio
Lot Features Cul-De-Sac,Lake Front,Level
View Lake,Mountain(s),Panoramic
Construction Frame,Stone
Roof Concrete,Slate
Pool & Spa
Pool Heated,Pool
Utilities & Systems
Heating Forced Air,Hot Water
Cooling Central Air,Wall/Window Unit(s)
Financial
Annual Tax $128,775
HOA & Community
Community Amenities Beach Rights,Clubhouse,Pier,Tennis Court(s)
📊

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 — 1949 Glenbrook Inn Road, Glenbrook

Est. Annual Revenue
$1,778,868
Avg Nightly Rate
$15204
Projected Occupancy
32.0%
Cap Rate
0.6%
Structural Score: 73 / 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
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% ($25,000,000)
Home price
$125,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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