$7,000,000
616 Lake Shore Boulevard
Zephyr Cove, NV 89448
STR Status Unknown
5 Beds
·
4.0 Baths
·
3,084 Sq Ft
·
9583 Lot
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About This Property

Experience timeless Lake Tahoe charm at this iconic lakefront retreat on Lake Shore Blvd in Zephyr Cove. On the market for the first time, set along the sparkling shoreline with sweeping, unobstructed water views and 70 feet of lake frontage, this property captures the essence of classic mountain lake living while offering a rare opportunity to create something truly extraordinary. The home reflects a warm, inviting Tahoe feel with natural textures, comfortable gathering spaces, and windows that frame the ever changing beauty of the lake. From sunrise reflections to golden hour sunsets, the scenery becomes part of everyday life, whether relaxing indoors or entertaining guests. Step outside to a lush grass yard that meets the shoreline, an increasingly hard to find feature on the lake. This level outdoor space provides the perfect setting for summer gatherings, lawn games, lakeside dining, or simply enjoying the peaceful rhythm of the water. Beyond its immediate charm, the property also presents a sophisticated redevelopment opportunity. With a premier lakefront setting and breathtaking views as the backdrop, the possibilities are compelling for those looking to design a legacy estate or modernize while preserving the spirit of Tahoe. This is more than a home, it is a chance to own a piece of the lake lifestyle where classic character, natural beauty, and future potential come together in one exceptional offering.

Listed by Jenny Johnson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260003725
Price/Sq Ft $2,270

Property History

Apr 01, 2026
Listed for sale
$7,000,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,084
Lot Size 0.22 acres
Stories 3
Year Built 1940
Property Type Single Family Residence
Subdivision Zephyr Cove
APN 1318-09-810-020
Parking
Total Parking 2
Parking Features Parking Pad
Exterior & Lot
Exterior Features Balcony
Lot Features Adjoins Lake, Landscaped, Level, Sloped Down, Sprinklers In Front
View Mountain(s), Ski Resort, Trees/Woods, Valley
Construction Insulation - Batts
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Slab
Utilities & Systems
Heating Fireplace(s), Forced Air, Oil
Water Source Lake Tahoe
Financial
Annual Tax $23,198
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,400,000)
Home price
$7,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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