$625,000 $650,000 ↓ $25,000 reduced Active

109 Lake Village Drive #A

Zephyr Cove, NV 89448

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⚠ No New VHR Permits — Lake Village at Cap

All 50 of Lake Village's vacation-rental permits are issued (county data, Nov 1, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.

📋 STR Permit on File

Douglas County's public short-term-rental registry shows a permit on file for this home.

2 Beds

1.5 Baths

1,148 Sq Ft

Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why Home insurance $1,200 – $1,700/yr Standard homeowners policy

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

Days on Market 170

Price/Sq Ft $544

Property History

Oct 27, 2026

Listed for sale

$650,000

Oct 27, 2026

Relisted

$650,000

Oct 27, 2026

Price reduced

$625,000 $650,000 ↓ $25,000

Sale History · changed hands 1×

Sold	Price	Listing agent (sell side)	Buyer agent (buy side)
Apr 2020 · county record	$424,000	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 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

Red Zone

STRUCTURAL SCORE Premium

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Analysis

STRUCTURAL SCORE

PROJECTED GROSS ANNUAL REVENUE

Avg Nightly

Occupancy

Cap Rate

Est. NOI Net Operating Income = annual gross rental revenue minus operating expenses (cleaning, property management, taxes, insurance, HOA, utilities, maintenance, supplies) — but before mortgage payments.

We estimate it as NOI = Projected Annual Revenue × 40%, assuming ~60% of gross goes to operating expenses on a typical Tahoe STR.

NOI feeds the cap rate below: Cap Rate = NOI ÷ List Price.

MONTHLY REVENUE

AVERAGE DAILY RATE

ADJUSTED OCCUPANCY

Estimates based on 2024-2025 comparable rental performance. Actual results vary.

STR Investment Summary — 109 Lake Village Drive #A, Zephyr Cove

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

Structural Score: 62 / 100 (Premium) · STR Zone: Red

Home Insurance Estimate

Standard homeowners policy for this home

$1,200 – $1,700/yr

about $121/mo

Est. Rebuild Cost (Coverage A)

$344,400

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings

via bonus depreciation

Land Value

Improvement Basis

5-Year Property (18%)

15-Year Property (10%)

Tax Bracket:

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

$4,105 per month

Principal & interest

$3,160/mo

Property taxes

$198/mo

The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.

HOA dues

$626/mo

From MLS listing data.

Home insurance

$121/mo

Estimated ~$1,200–$1,700/yr — get a local broker quote for accuracy.

Down payment

20% ($125,000)

Home price

$625,000

Loan details

30-yr fixed, 6.5%

Start Time

End Time

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