About This Property
Experience elevated mountain living in this exceptional turnkey contemporary retreat offering breathtaking lake and mountain views, multiple entertainment spaces, and thoughtfully designed privacy throughout the home. Blending luxury, comfort, and functionality, this spacious residence is perfectly suited for full-time living, vacation enjoyment, or hosting family and guests in style. The upper level showcases a dramatic great room featuring soaring vaulted ceilings, expansive windows framing the surrounding scenery, and a striking granite stone gas fireplace. The chef's kitchen was designed with entertaining in mind and offers premium appliances, multiple ovens, dual dishwashers, and incredible lake and mountain views from nearly every vantage point. Adjacent dining and living areas flow seamlessly onto the expansive outdoor deck, creating the perfect setting for outdoor dining, relaxing, and entertaining year-round. The luxurious primary suite is conveniently located on the main living level and includes its own fireplace and spa-inspired bath with steam shower. A newly added half bath off the upstairs living area adds additional convenience for guests. Each additional bedroom is privately situated on lower levels and features its own en-suite bathroom, creating ideal accommodations for family and visitors. The lower-level game room offers a secondary gathering space complete with open beam ceilings, another impressive granite stone gas fireplace, and direct access to the covered outdoor hot tub overlooking the lake. Recent upgrades further enhance the home's comfort and convenience, including a newly installed three-level elevator, heated driveway, solar panels, EV charging station, and low-maintenance turf landscaping. Additional highlights include in-floor hydronic heating, a finished two-car garage, additional single garage bay, workshop space, and an office with lake views. Ideally located near world-class skiing, beaches, boating, shopping, dining, and entertainment, this extraordinary mountain property offers the perfect balance of luxury, accessibility, and Tahoe lifestyle living.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2019 · county record | $2,050,000 | 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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 220 Sleepy Hollow Glen, Zephyr Cove
Based on comparable vacation rental performance data for Zephyr Cove. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.
TRPA parcel fact sheet ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
