$3,200,000 Active
426 Lakeview Avenue
Zephyr Cove, NV 89448
⚠ No New VHR Permits — Elk Point at Cap
All 11 of Elk Point's vacation-rental permits are issued (county data, Oct 1, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.
4 Beds
·
2.0 Baths
·
3,368 Sq Ft

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About This Property

A charming mountain retreat nestled within the gated community of Elks Point in Zephyr Cove. This 4-bedroom, 2-bath home offers filtered lake views, a one-car garage, and an exceptional opportunity to enjoy the Lake Tahoe lifestyle in a private community setting. Elks Point offers an array of exclusive amenities designed for enjoying the outdoors and making the most of Tahoe's natural beauty. Residents have access to a community marina with boat launch, a private beach, and a BBQ area perfect for lakeside gatherings with family and friends. A community volleyball court adds to the recreational appeal, creating a welcoming environment for active summer days and memorable evenings by the lake. Surrounded by the beauty of the Sierra Nevada and just minutes from the shores of Lake Tahoe, 426 Lakeview provides a comfortable home base for year-round recreation and relaxation. Whether you're boating from the marina, enjoying the private beach, or exploring the nearby ski resorts, this Zephyr Cove property offers the opportunity to embrace the best of the Tahoe lifestyle within the coveted Elks Point community.

Listed by Scott Roberts — Chase International - ZC

Listing Details

Status Active
MLS # 260012008
Days on Market 23
Price/Sq Ft $950

Property History

Sep 17, 2026
Listed for sale
$3,200,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Dec 2001 · county record $208,500 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 2.0
Sq. Ft. 3,368
Lot Size 0.11 acres
Stories 2
Year Built 1937
Property Type Single Family Residence
Subdivision Elks
County Douglas
STR Jurisdiction Douglas County
APN 1318-16-810-011
Parking
Garage Spaces 1
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Corner Lot, Gentle Sloping, Sloped Down, Sprinklers In Front
View Mountain(s), Trees/Woods
Construction Block, Brick, Brick Veneer, Fiber Cement, HardiPlank Type
Roof Asphalt, Composition, Pitched, Shingle
Foundation Brick/Mortar, Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $6,480
HOA Fee $6,750 / Annually
HOA / Community Elks Point Country Club
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Barbecue, Gated, Parking, Security
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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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~— per month
Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,127 sq ft covered of 50 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
4,956 sq ft
Allowed Coverage
50 sq ft · 1%
Existing Coverage
3,127 sq ft · 63%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4
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

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

$17,933 per month
Principal & interest
$16,181/mo
Property taxes
$540/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$562/mo
From MLS listing data.
Home insurance
$650/mo
Estimated ~$6,300–$9,300/yr — get a local broker quote for accuracy.
Down payment
20% ($640,000)
Home price
$3,200,000
Loan details
30-yr fixed, 6.5%
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