About This Property
Tucked away in the highly sought-after Marla Bay community on Lake Tahoe's East Shore, this charming home offers the rare opportunity to live on the lake side of Highway 50 — a coveted location few properties enjoy. Just a short stroll to the shoreline, this inviting retreat captures the timeless character of "Old Tahoe" living with a warm, cozy feel and unbeatable proximity to the water. The home also features a wonderful yard, offering plenty of space to relax, entertain, or enjoy Tahoe's beautiful mountain setting. Whether you're looking for a serene full-time residence or the perfect Tahoe getaway, this special property delivers an ideal blend of charm, outdoor space, and location in one of the area's most treasured lakefront neighborhoods.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2003 · county record | $525,000 | Deed record — brokerage sides not reported | |
| May 2026 | $1,250,000 (+138%) | Vincent RossiFerrari-Lund R.E. Sparks | Kimberly ValverdeColdwell Banker Select ZC |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 611 Freel Drive, Zephyr Cove
Based on comparable vacation rental performance data for Zephyr Cove. Revenue projections are estimates and may vary.
Land Coverage (TRPA)
Tahoe Regional Planning Agency impervious-coverage budget for this parcel
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
