$2,875,000 Active
240 McFaul Way
Zephyr Cove, NV 89448

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✓ VHR Permits Available — 8 left in Roundhill Village
Douglas County caps vacation-rental permits by neighborhood. Roundhill Village has 8 of its 32 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
📋 STR Permit on File
Douglas County's public short-term-rental registry shows a permit on file for this home.
6 Beds
·
5.5 Baths
·
5,056 Sq Ft

Our data on this home

About This Property

Mountain Bohemian Tahoe Retreat Near the Lake. Discover the perfect blend of mountain style, comfort, and location in this impressive five bedroom, four and half baths Mountain Modern home. Ideally situated less than a mile from the shores of Lake Tahoe and conveniently close to Heavenly Village, the gondola, casinos, dining, shopping, and year-round recreation, this spacious residence offers an exceptional Tahoe lifestyle. Designed for gathering and entertaining, the home features an open-concept main living area with a beautifully renovated chef's kitchen, generous dining space, multiple living areas, and a family room with pool table. A separate sitting room with a gas fireplace provides an inviting space to relax after a day of skiing, boating, hiking, or exploring Tahoe. The luxurious primary suite offers a king bed, private ensuite bath, oversized soaking tub, fireplace, and walk-in closet. Additional bedrooms provide flexible accommodations, including several private ensuite bathrooms and a Jack-and-Jill bath. A wet bar and card room add another versatile gathering space. Outdoor living is equally appealing, with a private patio featuring a brand-new 6-8 person hot tub, gas BBQ, outdoor dining area, and lounge seating. The property also offers a three-car garage and parking for up to three additional vehicles in the driveway. With its spacious floor plan, updated kitchen, multiple gathering areas, luxurious primary suite, private outdoor amenities, and proximity to Lake Tahoe and Heavenly, this property offers an outstanding opportunity to enjoy the best of South Lake Tahoe.

Listed by Fawne Triggs — Chase International - ZC

Listing Details

Status Active
MLS # 260011738
Days on Market 36
Price/Sq Ft $569

Property History

Sep 11, 2026
Listed for sale
$2,875,000
Property Overview
Beds 6
Baths 5.5
Sq. Ft. 5,056
Lot Size 0.40 acres
Stories 3
Year Built 2005
Property Type Single Family Residence
Subdivision Roundhill Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-710-003
Parking
Garage Spaces 3
Total Parking 3
Parking Features Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Landscaped, Level, Sloped Up, Sprinklers In Front
View Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $11,757
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

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,785 sq ft covered of 175 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
17,469 sq ft
Allowed Coverage
175 sq ft · 1%
Existing Coverage
3,785 sq ft · 22%
Addable Coverage
0 sq ft
IPES Score
752.0
Land Capability · TRPA-verified
IPES
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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$9,500 – $13,900/yr
about $975/mo
Est. Rebuild Cost (Coverage A)
$2,780,800

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
$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

$16,493 per month
Principal & interest
$14,538/mo
Property taxes
$980/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$975/mo
Estimated ~$9,500–$13,900/yr — get a local broker quote for accuracy.
Down payment
20% ($575,000)
Home price
$2,875,000
Loan details
30-yr fixed, 6.5%
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