$650,000
109 Lake Village Drive #A
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.
2 Beds
·
1.5 Baths
·
1,148 Sq Ft

About This Property

Tucked away in the desirable Lake Village community of Zephyr Cove, Nevada, this inviting 2-bedroom, 1.5-bath home offers 1,148 square feet of comfortable mountain living. The open floor plan seamlessly connects the kitchen and living area, creating a warm and welcoming space ideal for relaxing or entertaining. Vaulted ceilings enhance the sense of space and natural light, giving the home an airy, elevated feel. Enjoy easy access to Lake Village's sought-after amenities, along with scenic walking trails that lead directly down to Nevada Beach—perfect for taking in the beauty of Lake Tahoe year-round. Whether you're looking for a full-time residence, vacation getaway, or investment opportunity, this charming property combines convenience, comfort, and access to the best of Tahoe living.

Listed by Elliot Young — Chase International - ZC

Listing Details

Status Active
MLS # 260004514
Price/Sq Ft $566

Property History

Apr 15, 2026
Listed for sale
$650,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 1,148
Lot Size 0.03 acres
Stories 2
Year Built 1975
Property Type Townhouse
Subdivision Lake Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-212-023
Parking
Total Parking 1
Parking Features Detached
Exterior & Lot
Exterior Features Tennis Court(s)
Lot Features Level
View Mountain(s), Trees/Woods
Roof Composition
Foundation Pillar/Post/Pier
Pool & Spa
Pool Outdoor Pool, Pool/Spa Combo
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $2,376
HOA Fee $626 / Monthly
HOA / Community Lake Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Clubhouse, Parking, Pool, Recreation Room
📊

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 — 109 Lake Village Drive #A, Zephyr Cove

Est. Annual Revenue
$37,764
Avg Nightly Rate
$244
Projected Occupancy
41.7%
Cap Rate
2.3%
Structural Score: 53 / 100 (Standard) · 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% ($130,000)
Home price
$650,000
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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