$6,750,000 Active
446 Seminole 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.
4 Beds
·
5.5 Baths
·
6,500 Sq Ft

About This Property

A spectacular private gated estate perched atop Round Hill in Zephyr Cove within the coveted East Shore banana belt. Set on 4.71 private acres in a cul-de-sac, this approximately 6,500-square-foot mountain retreat offers breathtaking Lake Tahoe views, surrounding snowcapped mountains, and unmatched privacy. By night, the twinkling lights of the Stateline casino corridor create an enchanting backdrop. Crafted with two-inch-thick redwood siding and expansive redwood decks with transparent railings, the home blends timeless alpine elegance with modern comfort. The remodeled interior features over sixty hand-peeled cedar logs, soaring vaulted ceilings, four fireplaces, and a light-filled great room. The chef’s kitchen includes premium appliances, a large island, dining areas, and seamless flow into gathering spaces including a loft, game room, and study. Outdoor decks, landscaped grounds, a three-car garage, and skiing, golf, beaches, dining, and entertainment complete this Tahoe estate..!

Listed by Jean Merkelbach — Engel & Volkers

Listing Details

Status Active
MLS # 1018951
Days on Market 4
Price/Sq Ft $1,038

Property History

Jun 09, 2026
Listed for sale
$6,750,000
Property Overview
Beds 4
Baths 5.5
Sq. Ft. 6,500
Lot Size 4.71 acres
Year Built 1973
Property Type Single Family Residence
Style Split Level
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-611-0047
Parking
Garage Spaces 3
Parking Features Three Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Fence,Hot Tub/Spa,Landscaping,Patio
View Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Electric,Gas
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $9,348
📊

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 — 446 Seminole Court, Zephyr Cove

Est. Annual Revenue
$236,340
Avg Nightly Rate
$2020
Projected Occupancy
32.0%
Cap Rate
1.4%
Structural Score: 76 / 100 (Luxury) · 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% ($1,350,000)
Home price
$6,750,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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