$959,000 Active Under Contract
600 Highway 50 # 38
Zephyr Cove, NV 89448
⚠ No New VHR Permits — Pinewild at Cap
All 20 of Pinewild's vacation-rental permits are issued (county data, Sep 26, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.
2 Beds
·
2.0 Baths
·
1,144 Sq Ft

About This Property

Ready for your personal touch, this 2-bedroom, 2-bath townhome presents a rare opportunity to create your ideal Lake Tahoe retreat in the highly sought-after Pinewild community. Just a short stroll from the water's edge, you'll enjoy access to one of Tahoe's most beautiful stretches of shoreline, complete with a long sandy beach, private pier, and spectacular sunset views. Keep your kayaks and paddleboards conveniently on the beach and embrace the active Tahoe lifestyle right outside your door. Pinewild's comprehensive HOA provides exceptional value and convenience, covering private beach and pier, exterior maintenance, snow and trash removal, fire insurance, water and sewer, landscaping, gated entry, security, tennis courts, and a community clubhouse. Thoughtfully developed in 1974, Pinewild remains one of Lake Tahoe's most cherished lakefront treasures. Ideally located just 6 miles from Heavenly's Boulder and Stagecoach Lodges for world-class skiing and only 3 miles from the Stateline corridor, residents enjoy easy access to the ski gondola, shopping, dining, entertainment, and year-round recreation that Tahoe is known for. Whether you're seeking a second home, full-time residence, or vacation getaway, this property offers an outstanding opportunity to enjoy the very best of the Tahoe lifestyle in an unbeatable lakefront community.

Listed by Kimberly Valverde — Coldwell Banker Select ZC

Listing Details

Status Active Under Contract
MLS # 260012307
Days on Market 6
Price/Sq Ft $838

Property History

Sep 24, 2026
Listed for sale
$959,000
Sep 26, 2026
Pending
$959,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2010 · county record $385,000 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 2.0
Sq. Ft. 1,144
Lot Size 0.01 acres
Stories 2
Year Built 1974
Property Type Townhouse
Subdivision Pinewild
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-110-038
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features Tennis Court(s)
Lot Features Common Area, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Composition
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Water Source Lake Tahoe
Financial
Annual Tax $3,310
HOA Fee $3,396 / Quarterly
HOA / Community Pinewild HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Clubhouse, Gated, Landscaping, Parking, Security, Tennis Court(s)
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
60
No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.

STR Investment Summary — 600 Highway 50 # 38, Zephyr Cove

No revenue projection. Short-term rental permits are not currently obtainable here — the local jurisdiction has reached its permit cap or is waitlisting all new applications.
Structural Score: 60 / 100 (Premium) · STR Zone: Red

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
574 sq ft covered of 116 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
579 sq ft
Allowed Coverage
116 sq ft · 20%
Existing Coverage
574 sq ft · 99%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
6
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

$6,095 per month
Principal & interest
$4,849/mo
Property taxes
$276/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$849/mo
From MLS listing data.
Home insurance
$121/mo
Estimated ~$1,200–$1,700/yr — get a local broker quote for accuracy.
Down payment
20% ($191,800)
Home price
$959,000
Loan details
30-yr fixed, 6.5%
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