Sold $1,599,000 Closed
303 Elks Point Road
Zephyr Cove, NV 89448

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SOLD 2025-11-06
Sold for $1,599,000
What's this home worth today? →
4 Beds
·
2.5 Baths
·
1,824 Sq Ft

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What's this home worth today?

It sold for $1,599,000 on 2025-11-06, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

Short-term rental income $35K – $75K/yr Est. gross · $224/night · 49.0% booked TRPA land coverage Over the limit 2,211 of 105 sq ft used Home insurance $2,600 – $3,800/yr Standard homeowners policy

About This Property

PRICE IMPROVEMENT Welcome to 303 Elks Point Road, a stunning lakeside retreat located in the picturesque Zephyr Cove, Nevada. This luxurious home remodeled in 2021 in the Round Hill subdivision offers breathtaking views and sets against a backdrop of majestic pine trees and serene natural beauty. Nevada Beach, walking is .7-mile, Heavenly Ski Resort, downtown south lake Tahoe and the Casinos are 2 miles away. Step inside to discover a meticulously designed interior that combines comfort with sophistication.

Listed by Bradley Petersen — Nevada LFW Inc.

Listing Details

Status Closed
MLS # 250051341
Sold Date 2025-11-06
Sold Price $1,599,000
Price/Sq Ft $877

Property History

Jun 11, 2025
Listed for sale
$1,999,999
Current
Sold
$1,599,000
Property Overview
Beds 4
Baths 2.5
Sq. Ft. 1,824
Lot Size 0.24 acres
Stories 2
Year Built 1974
Property Type Single Family Residence
Subdivision Roundhill Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-611-037
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level
View Mountain(s), Trees/Woods
Construction Frame, Wood Siding
Roof Shingle
Foundation Slab
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,697
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12

STR Investment Summary — 303 Elks Point Road, Zephyr Cove

Est. Gross Annual Revenue
$35K – $75K
typically ~$40,000
Avg Nightly Rate
$224
Projected Occupancy
49.0%
Cap Rate
1.0%
Structural Score: 53 / 100 (Standard) · STR Zone: Green

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
2,211 sq ft covered of 105 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
10,483 sq ft
Allowed Coverage
105 sq ft · 1%
Existing Coverage
2,211 sq ft · 21%
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. 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

$2,600 – $3,800/yr
about $267/mo
Est. Rebuild Cost (Coverage A)
$766,080

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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