$1,598,000 Active Under Contract
257 McFaul Court
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
·
2.0 Baths
·
1,942 Sq Ft
Virtual Tour

About This Property

Offered fully furnished, this beautifully maintained Round Hill retreat is tucked away on a private 0.43-acre parcel on a quiet cul-de-sac. This 3-bedroom, 2-bath home combines timeless Tahoe charm with exceptional indoor and outdoor living. Inside, vaulted beam ceilings, abundant natural light, and an Extraordinaire gas fireplace create a warm and inviting atmosphere. The home offers generous storage throughout and has been thoughtfully updated with newer appliances, central air conditioning, a high-efficiency furnace with advanced air filtration, steam shower, and a tankless water heater, for lasting comfort and peace of mind. The backyard is truly something special. Multiple terraces, mature landscaping, an outdoor kitchen, hot tub, arbor with a fire pit, and a charming cave create a one-of-a-kind setting designed to enjoy Tahoe's four seasons. Whether hosting friends or unwinding after a day on the lake or slopes, every corner has been thoughtfully crafted to maximize privacy and enjoyment. A quaint detached office provides incredible flexibility and could easily serve as a yoga studio, home gym, creative retreat, or additional storage, while a separate tool shed offers space for all of your Tahoe gear and projects. Located just minutes from Lake Tahoe beaches, scenic trails, golf, and world-class skiing, this exceptional property offers the best of mountain living in one of Nevada's most sought-after neighborhoods.

Listed by Jamie Baines — Sierra Sotheby's Int'l. Realty

Listing Details

Status Active Under Contract
MLS # 260008118
Days on Market 28
Price/Sq Ft $823

Property History

Jun 24, 2026
Listed for sale
$1,598,000
Jul 10, 2026
Pending
$1,598,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,942
Lot Size 0.43 acres
Stories 1
Year Built 1971
Property Type Single Family Residence
Subdivision Roundhill Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-612-006
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Cul-De-Sac, Gentle Sloping, Landscaped, Sloped Up, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods
Roof Membrane, Pitched
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,943
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

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 — 257 McFaul Court, Zephyr Cove

Est. Annual Revenue
$44,504
Avg Nightly Rate
$242
Projected Occupancy
50.4%
Cap Rate
1.1%
Structural Score: 52 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Zephyr Cove. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
2,713 sq ft covered of 189 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
18,853 sq ft
Allowed Coverage
189 sq ft · 1%
Existing Coverage
2,713 sq ft · 14%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($319,600)
Home price
$1,598,000
Loan details
30-yr fixed, 6.5%
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