$750,000 Active
101 Gold Hill Road
Zephyr Cove, NV 89448
✓ VHR Permits Available — 6 left in Castle Rock
Douglas County caps vacation-rental permits by neighborhood. Castle Rock has 6 of its 6 permits unissued (county data, Sep 26, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
More Lake Tahoe homes for sale where STRs are allowed →
3 Beds
·
2.0 Baths
·
1,240 Sq Ft

About This Property

Welcome to 101 Gold Hill, an updated end-unit townhome in the Castle Rock community of Round Hill. This 3-bedroom, 2-bath home features an updated kitchen and bathrooms, a comfortable and functional layout, covered carport, and plenty of storage. The private fenced patio with hot tub and planter beds creates a great space to relax and unwind. One of the best features is the location—walk to Safeway, restaurants, bars, Nevada Beach, Round Hill Pines Beach, and miles of nearby trails, while Heavenly Ski Resort and downtown Stateline are just a short drive away. A great opportunity to enjoy the Tahoe lifestyle with everyday conveniences close by.

Listed by Kirk Baines — Sierra Sotheby's Int'l. Realty

Listing Details

Status Active
MLS # 260012575
Price/Sq Ft $605

Property History

Oct 01, 2026
Listed for sale
$750,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2020 · county record $543,000 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. 1,240
Lot Size 0.02 acres
Stories 2
Year Built 1966
Property Type Townhouse
Subdivision Castle Rock Park
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-714-018
Parking
Total Parking 2
Parking Features Attached, Carport
Exterior & Lot
Exterior Features Balcony
Lot Features Corner Lot, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Stone
Roof Asphalt, Composition, Flat
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,236
HOA Fee $252 / Monthly
HOA / Community Castle Rock HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Landscaping, Pool
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
62
PROJECTED GROSS ANNUAL REVENUE
$25K – $50K typically ~$40,000
~$3,333 per month
Avg Nightly
$205
Occupancy
54%
Cap Rate
2.1%

STR Investment Summary — 101 Gold Hill Road, Zephyr Cove

Est. Gross Annual Revenue
$25K – $50K
typically ~$40,000
Avg Nightly Rate
$205
Projected Occupancy
53.5%
Cap Rate
2.1%
Structural Score: 62 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Zephyr Cove. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,017 sq ft covered of 10 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,017 sq ft
Allowed Coverage
10 sq ft · 1%
Existing Coverage
1,017 sq ft · 100%
Addable Coverage
0 sq ft
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 ↗ How the Basin compares

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

$4,280 per month
Principal & interest
$3,792/mo
Property taxes
$103/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$252/mo
From MLS listing data.
Home insurance
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($150,000)
Home price
$750,000
Loan details
30-yr fixed, 6.5%
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