$1,050,000 Active
230 Clubhouse Circle
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.
3 Beds
·
2.5 Baths
·
1,908 Sq Ft

About This Property

Discover an exceptional opportunity to own one of the largest townhomes in the Lake Village Community, ideally located just 1 mile from Stateline. This spacious three-story Lake Tahoe retreat at has been remodeled with numerous upgrades, including new carpet, while maintaining the warmth and character of mountain living. Designed for both everyday living and hosting guests, the home features a private guest entrance, flexible living spaces, and separate locked storage beneath the unit. Currently enjoyed as a vacation home rental with a strong rental history. Community amenities are just steps away—simply walk downstairs to enjoy the **swimming pool, hot tub/spa, tennis courts, and pickleball. Beyond the community, you're minutes from Lake Tahoe beaches, Heavenly Mountain Resort, championship golf courses, world-renowned skiing, boating, hiking, dining, casinos, entertainment, and year-round Sierra Nevada recreation. Whether you're searching for a primary residence, second home, vacation home, investment opportunity, or Nevada-side Lake Tahoe retreat, this upgraded Zephyr Cove townhome combines space, convenience, amenities, and an unbeatable location near everything that makes the Lake Tahoe lifestyle extraordinary.

Listed by Crystal Bauer — eXp Realty

Listing Details

Status Active
MLS # 260011035
Price/Sq Ft $550

Property History

Aug 26, 2026
Listed for sale
$1,050,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Mar 2020 · county record $530,000 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.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,908
Lot Size 0.03 acres
Stories 3
Year Built 1975
Property Type Townhouse
Subdivision Lake Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-210-011
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Gentle Sloping
View Meadow, Mountain(s)
Roof Flat, Membrane
Foundation Pillar/Post/Pier
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $3,011
HOA Fee $785 / 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 Barbecue, Clubhouse, Landscaping, Management, Parking, Pool, Recreation Room, Sauna, Security, Spa/Hot Tub, Storage, Tennis Court(s)
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
50
PROJECTED GROSS ANNUAL REVENUE
$32K – $67K typically ~$43,371
~$3,614 per month
Avg Nightly
$241
Occupancy
49%
Cap Rate
1.7%

STR Investment Summary — 230 Clubhouse Circle, Zephyr Cove

Est. Gross Annual Revenue
$32K – $67K
typically ~$43,371
Avg Nightly Rate
$241
Projected Occupancy
49.3%
Cap Rate
1.7%
Structural Score: 50 / 100 (Standard) · STR Zone: Yellow

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

Over coverage limit
648 sq ft covered of 233 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,164 sq ft
Allowed Coverage
233 sq ft · 20%
Existing Coverage
648 sq ft · 56%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
2
Existing Units
1

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

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% ($210,000)
Home price
$1,050,000
Loan details
30-yr fixed, 6.5%
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