$1,550,000 Active
615 Riven Rock Road
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.
3 Beds
·
3.0 Baths
·
2,284 Sq Ft

About This Property

Located in the highly desirable Zephyr Heights neighborhood on Lake Tahoe's Nevada East Shore, this 3-bedroom, 3-bath mountain rustic lakeview chalet offers the perfect blend of classic Tahoe charm, comfortable mountain living, and exceptional convenience. Positioned to capture filtered lake views and the surrounding alpine setting, this inviting retreat features expansive front-to-rear decking designed for year-round enjoyment of the Sierra landscape. Zephyr Heights is one of Lake Tahoe's most sought-after neighborhoods, known for its larger homesites, panoramic lake views, and unique blend of privacy and accessibility. Residents enjoy the freedom of a community with no HOA and no CC&Rs, while benefiting from close proximity to the area's premier recreation and amenities. The property is located just minutes from Zephyr Cove Beach, Round Hill shopping and dining, and only three miles from the Stateline casino and entertainment corridor. Heavenly Ski Resort's Boulder Lodge is approximately six miles away, offering convenient access to world-class skiing, snowboarding, hiking, and mountain biking. Fully wrapped in cedar siding, the residence showcases timeless Tahoe character throughout, including solid pine doors, rich oak flooring, a striking quartzite fireplace in the main living area, a travertine fireplace in the spacious primary bedroom suite, and a charming wood stove in the dining area. The updated kitchen features quartz countertops and an ideal layout for everyday living and entertaining, while the home's thoughtful floor plan provides comfortable gathering spaces for family and guests. Large windows and generous outdoor living areas create a seamless connection to the surrounding mountain environment, enhancing the home's warm and inviting atmosphere. Exterior improvements include a paver driveway, fenced yard, low-maintenance landscaping, and an oversized one-car garage with additional storage. Whether serving as a primary residence, vacation retreat, or investment property, this well-maintained home offers an outstanding opportunity to enjoy the coveted Lake Tahoe lifestyle in one of the Nevada East Shore's most established and desirable neighborhoods.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260006624
Days on Market 46
Price/Sq Ft $679

Property History

May 24, 2026
Listed for sale
$1,550,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,284
Lot Size 0.18 acres
Stories 2
Year Built 1993
Property Type Single Family Residence
Subdivision Zephyr Heights
County Douglas
STR Jurisdiction Douglas County
APN 1318-10-415-032
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage, Garage Door Opener, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters
Lot Features Gentle Sloping, Landscaped, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Peek, Ski Resort
Construction Stone Veneer
Roof Composition, Shingle
Foundation Full Perimeter, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $7,211
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12

STR Investment Summary — 615 Riven Rock Road, Zephyr Cove

Est. Annual Revenue
$55,620
📲
See the full STR projection in the app
Average nightly rate, occupancy rates & monthly revenue graphs — plus this home's building-permit history and more. Free in the Real Estate Tahoe app.
Download →

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% ($310,000)
Home price
$1,550,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

Send a Message

Or call directly: (530) 317-0373