$11,500,000
1080 Skyland Drive
Zephyr Cove, NV 89448
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
5 Beds
·
5.0 Baths
·
4,113 Sq Ft
Virtual Tour

About This Property

Experience unparalleled luxury with this stunning 4,113 sq. ft. lakefront residence in the prestigious Skyland community of Lake Tahoe. This exceptional home boasts breathtaking, unobstructed views of Lake Tahoe, a private sandy beach, and a permitted boat buoyall set within a beautifully landscaped garden with lush greenery and serene outdoor spaces.Designed for sophisticated main-level living, this home features a same-level primary suite with panoramic lake views through expansive wall-to-wall windows and direct access to a the waterfront deck. Radiant-heated walnut flooring extends throughout the formal living room, cozy family room, and adjoining lake-view kitchen, adding warmth and elegance.The gourmet kitchen is a chef's dream, outfitted with high-end Thermador appliances and a Sub-Zero refrigerator. Beautiful granite countertops, light alder cabinetry, and custom built-ins complete this exceptional space. The open-concept design flows seamlessly into three separate living areas, including a spacious game room with a full wet barperfect for entertaining and enjoying time with family and friends.Three of the five bedrooms offer stunning lakefront views and direct access to the outdoors. Expansive decks and a large patio provide generous space for al fresco dining and sunset gazing. A lakeside BBQ deck enhances the outdoor living experience, while a private stairway offers easy access to the sandy beach and buoy, making lakeside enjoyment effortless.First-class design elements throughout include open beam ceilings, skylights, pine vaulted ceilings, and electronic shades, all contributing to the home's rustic yet luxurious charm. The oversized 2-car garage, complete with extra storage space, adds practicality to this extraordinary property.
Situated in the tranquil and exclusive Skyland community, this home is conveniently close to the renowned Edgewood Golf Course and the world-class Heavenly Ski Resort. Enjoy premier skiing, hiking trails, and the vibrant amenities of South Lake Tahoe, with easy access to dining, shopping, and entertainment options. Major highways and the Reno-Tahoe International Airport are also within reach.This exceptional lakefront retreat offers the perfect blend of luxury, comfort, and natural beauty. Don't miss your chance to own a premier property in Lake Tahoe. Schedule your visit today!

Listed by Brandon Yee — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 142667
Days on Market 2
Sold Date 1800-01-01
Price/Sq Ft $2,796

Property History

Mar 31, 2026
Listed for sale
$11,500,000
Property Overview
Beds 5
Baths 5.0
Sq. Ft. 4,113
Lot Size 0.28 acres
Stories 2
Year Built 1974
Property Type Single Family Residence
Style Split Level
Subdivision Unavail
County Douglas
STR Jurisdiction Douglas County
APN 13180311000
Parking
Garage Spaces 2
Parking Features 2.00
Attached Garage Yes
Exterior & Lot
Lot Features Lake Front,Water Front
View Mountains,Lake
Roof Composition
Utilities & Systems
Heating Radiant Heat-Floor
Cooling Radiant Heat-Floor
Financial
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Hot Tub,Beach
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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 — 1080 Skyland Drive, Zephyr Cove

Est. Annual Revenue
$506,259
Avg Nightly Rate
$4327
Projected Occupancy
32.0%
Cap Rate
1.8%
Structural Score: 84 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for Zephyr Cove. 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($2,300,000)
Home price
$11,500,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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