$1,700,000 Active
155 Willow Drive
Zephyr Cove, NV 89448
✓ STR Allowed
4 Beds
·
2.5 Baths
·
1,923 Sq Ft
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About This Property

Tucked into the sought-after Skyland lakeside neighborhood, this beautifully updated home offers the best of Tahoe living - just about 800 yards from the private beach and with no HOA. The setting is what truly sets it apart. Backing to more than 95 acres of US Forest Service land, the home enjoys a peaceful, wooded backdrop that feels both private and expansive. Step outside to a thoughtfully landscaped yard with a fenced backyard, and a spacious rear deck designed for relaxing or entertaining. The hot tub, surrounded by privacy fencing, creates a quiet retreat after a day on the lake or trails. Inside, the home is warm, inviting, and move-in ready with brand new carpet and luxury plank vinyl flooring throughout. The open living area is anchored by a gas fireplace and offers plenty of room for gathering. The kitchen is designed for both everyday living and hosting, featuring stainless steel appliances, a six-burner cooktop with griddle, a large island with seating, and a dedicated coffee bar alongside a cozy dining area. Whether you're looking for easy access to the lake, space to entertain, or a quiet connection to the outdoors, this Skyland home delivers on all fronts.

Listed by Linda Granger — Christie's International Real Estate Sereno

Listing Details

Status Active
MLS # 260004820
Price/Sq Ft $884

Property History

Apr 21, 2026
Listed for sale
$1,700,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,923
Lot Size 0.27 acres
Stories 2
Year Built 1965
Property Type Single Family Residence
Subdivision Skyland
County Douglas
STR Jurisdiction Douglas County
APN 1318-03-212-086
Parking
Garage Spaces 2
Total Parking 6
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s)
Construction Brick
Roof Composition
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $3,531
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 — 155 Willow Drive, Zephyr Cove

Est. Annual Revenue
$78,800
Avg Nightly Rate
$781
Projected Occupancy
28.1%
Cap Rate
1.9%
Structural Score: 60 / 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($340,000)
Home price
$1,700,000
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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