$899,000 Active
450 Mcfaul Way #18
Zephyr Cove, NV 89448

Get townhomes like this by email

When a townhome like this lists in Zephyr Cove at a similar price and size, we email you the same day. No account needed.

✓ VHR Permits Available — 6 left in Roundridge
Douglas County caps vacation-rental permits by neighborhood. Roundridge has 6 of its 6 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
2 Beds
·
2.5 Baths
·
1,240 Sq Ft

Our data on this home

About This Property

Discover a beautifully and completely remodeled mountain retreat at 450 McFaul Way, Unit 18, where sophisticated living meets the tranquility of Lake Tahoe's natural surroundings. Positioned as an ultra-private end unit within Roundridge Townhouses, this fully furnished, two-bedroom, two-and-a-half-bath residence offers 1,240 square feet of thoughtfully refreshed living space. Sweeping forest views and a remarkable sense of seclusion distinguish the property, creating an inviting escape surrounded by the beauty of the Sierra Nevada. The comprehensive remodel brings renewed appeal to this established 1966 residence, blending modern comfort with the warmth of mountain living. The kitchen features a gas cooktop, double ovens, breakfast bar, pantry, full upright freezer, and convenient storage, while the living and dining areas provide comfortable spaces for everyday living and entertaining. A gas fireplace adds warmth and ambiance, complemented by double-pane windows, mini-split cooling, and a tankless gas water heater. Two bedrooms, each complemented by the convenience of the home's two full bathrooms, offer comfortable accommodations, while an additional half bath enhances functionality. Among the property's most compelling attributes is its exceptional setting. Adjoining forest and public land, the residence enjoys a rare connection to the surrounding landscape, with sweeping woodland views creating a peaceful backdrop throughout the seasons. A private deck invites moments of relaxation in the fresh mountain air, while the desirable end-unit position offers additional privacy. A finished one-car garage and HOA services that include snow removal contribute to the ease of ownership. Situated in desirable Zephyr Cove, the property places residents within reach of Lake Tahoe's celebrated beaches, mountain trails, skiing, dining, and year-round recreation. Equally suited as a refined second home, a peaceful full-time residence, or an effortless seasonal escape, this fully furnished and beautifully remodeled townhouse presents an opportunity to enjoy the Tahoe lifestyle without the demands of a major renovation. Combining modern comfort, exceptional privacy, and captivating forest surroundings, 450 McFaul Way, Unit 18 offers a distinctive mountain living experience.

Listed by Jean Merkelbach — Engel & Volkers Lake Tahoe

Listing Details

Status Active
MLS # 260013379
Price/Sq Ft $725

Property History

Oct 21, 2026
Listed for sale
$899,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2019 · county record $380,000 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 2
Baths 2.5
Sq. Ft. 1,240
Lot Size 0.03 acres
Stories 2
Year Built 1966
Property Type Townhouse
Subdivision Roundridge Townhouses
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-715-018
Parking
Garage Spaces 1
Total Parking 1
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Adjoins BLM/BIA Land
View Trees/Woods
Construction Insulation - Spray Foam
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $2,192
HOA Fee $475 / Monthly
HOA / Community Round Ridge Townhouse Association
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
68
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$200
Occupancy
55%
Cap Rate
1.8%

STR Investment Summary — 450 Mcfaul Way #18, Zephyr Cove

Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$200
Projected Occupancy
54.9%
Cap Rate
1.8%
Structural Score: 68 / 100 (Premium) · 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.

Home Insurance Estimate

Standard homeowners policy for this home

$1,300 – $1,900/yr
about $133/mo
Est. Rebuild Cost (Coverage A)
$372,000

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

See it in the monthly payment

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

$5,337 per month
Principal & interest
$4,546/mo
Property taxes
$183/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$475/mo
From MLS listing data.
Home insurance
$133/mo
Estimated ~$1,300–$1,900/yr — get a local broker quote for accuracy.
Down payment
20% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message