$2,488,000 Active
1092 Deercliff Drive
Zephyr Cove, NV 89448
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
5 Beds
·
4.5 Baths
·
3,817 Sq Ft

About This Property

Welcome to Deer Cliff Lodge at Skyland, an exceptional East Shore retreat nestled within the coveted private beach community of Skyland in Zephyr Cove, Nevada. Perfectly positioned in one of Lake Tahoe's most sought-after neighborhoods, this expansive residence offers the ultimate blend of mountain elegance, year-round recreation, and resort-inspired living. Thoughtfully updated throughout, the home showcases extensive improvements including a lifetime roof, remodeled kitchen with granite countertops and custom cabinetry, stainless steel appliances, updated bathrooms, modern lighting, fresh interior finishes, new flooring, dual heating systems, and a new water heater. Designed for entertaining on a grand scale, the upper level features a dramatic great room with soaring ceilings, a wet bar with dual beverage refrigerators, an inviting dining area, spacious kitchen, and a flexible office or guest bedroom. Large windows and expansive outdoor decks create a seamless connection between indoor comfort and Tahoe's natural beauty. The lower level offers four generously sized bedrooms and an impressive media and family room complete with a wet bar, dishwasher, beverage refrigerator, and gas-log fireplace. The private primary suite is a true sanctuary featuring a wood-burning fireplace, dual walk-in closets, and a remarkable spa-inspired bath with an indoor spa, sauna, and grotto-style shower. Outdoor living is equally impressive with multiple entertaining decks, a spacious patio, and a beautifully landscaped, fully fenced backyard ideal for family gatherings, pets, and summer enjoyment. Abundant storage throughout the home, coupled with a high-ceiling three-car garage and oversized driveway, provides ample space for vehicles, watercraft, and Tahoe adventure gear. As a Skyland homeowner, enjoy exclusive access to one of Lake Tahoe's most desirable private sandy beaches, offering an unparalleled lifestyle just moments from boating, hiking, skiing, dining, and entertainment. Deer Cliff Lodge at Skyland is a rare opportunity to own a legacy property in one of Nevada's most treasured lakefront communities.

Listed by Jean Merkelbach — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260008212
Price/Sq Ft $652

Property History

Jun 26, 2026
Listed for sale
$2,488,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 3,817
Lot Size 0.30 acres
Stories 3
Year Built 1979
Property Type Single Family Residence
Subdivision Skyland
County Douglas
STR Jurisdiction Douglas County
APN 1318-03-111-057
Parking
Garage Spaces 3
Total Parking 6
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Metal
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $5,932
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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 — 1092 Deercliff Drive, Zephyr Cove

Est. Annual Revenue
$132,713
Avg Nightly Rate
$1380
Projected Occupancy
26.1%
Cap Rate
2.1%
Structural Score: 73 / 100 (Premium) · 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
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($497,600)
Home price
$2,488,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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