$1,650,000 Active
317 Paiute Drive
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
·
1,860 Sq Ft

About This Property

Round Hill Retreat—ideally located just minutes from the beach, shopping, and four private Nevada community beaches. Beautifully renovated throughout, this exceptional home combines timeless craftsmanship with modern comfort. The gourmet kitchen features a large pantry, custom knotty alder cabinetry, matching doors, crown molding, trim and baseboards, stainless steel appliances, recessed lighting, and energy-efficient vinyl windows. A paver stone driveway and professionally landscaped grounds create outstanding curb appeal, while two gas fireplaces add warmth and mountain charm. The spacious primary suite serves as a private retreat with a luxurious custom walk-in shower. Designed for both entertaining and everyday living, the home offers an inviting great room along with a separate family/game room that opens to a brand-new deck, creating a seamless indoor-outdoor lifestyle. Enjoy two expansive outdoor decks, custom wood interior blinds, and an oversized garage complete with a dedicated workshop and abundant storage. Nestled on a quiet cul-de-sac, this special property backs to a rare five-acre private estate, offering an exceptional sense of privacy and open space in one of Round Hill's most sought-after neighborhoods.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260008306
Price/Sq Ft $887

Property History

Jun 28, 2026
Listed for sale
$1,650,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,860
Lot Size 0.40 acres
Stories 2
Year Built 1970
Property Type Single Family Residence
Subdivision Roundhill Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-511-003
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Heated Garage, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Adjoins BLM/BIA Land, Cul-De-Sac, Gentle Sloping, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,877
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

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 — 317 Paiute Drive, Zephyr Cove

Est. Annual Revenue
$66,529
Avg Nightly Rate
$606
Projected Occupancy
31.5%
Cap Rate
1.6%
Structural Score: 70 / 100 (Premium) · STR Zone: Yellow

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

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% ($330,000)
Home price
$1,650,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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