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.
Listing Details
Property History
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 240 McFaul Way, 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
