About This Property
Positioned along Lake Tahoe's most coveted shoreline within the gates of Shakespeare Ranch, Water's Edge is a rare opportunity to own a lakefront estate in Glenbrook, Nevada, Tahoe's only gated lakefront golf course community, with sweeping lake and Sierra views from nearly every room. The New England-style residence includes a two-story lakefront cabana with a rooftop deck. The approximately 4,150-square-foot main residence offers three en-suite bedrooms, a media room or 4th bedroom, formal dining room, and attached two-car garage. Included is another 2-car garage, apartment, and cabin, totalling approx 6,000 SF of living space. With 70 feet of private shoreline, the property features one of Tahoe's longest shared piers, extending 465 feet, plus 2 private buoys. The offering includes 2 guest houses, plans for a new Marc Appleton estate where the apartment and cabin reside. Subject to final TRPA approval of a new APN (Douglas County approved). The proposed new lot is approx 2 acres.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1960 Glenbrook, Glenbrook
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
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