$2,250,000 Active
621 Stanley Circle
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.
6 Beds
·
4.0 Baths
·
3,479 Sq Ft

About This Property

Enjoy breathtaking Lake Tahoe views from the expansive wrap-around deck of this versatile Zephyr Cove home, ideally located just minutes from the shoreline. Whether you're enjoying your morning coffee or unwinding in the evening, the deck provides the perfect setting to take in the beauty of Lake Tahoe and the surrounding mountains. Situated in a quiet neighborhood, this property offers the perfect balance of peaceful mountain living with convenient access to South Lake Tahoe's casinos, restaurants, shopping, and entertainment. The home's standout feature is the fully finished walk out basement, complete with its own private side entrance, full kitchen, living room, bathroom, and washer/dryer. Whether you're looking for multi-generational living, guest accommodations, or additional rental income potential, this flexible space offers endless possibilities. Upstairs, the spacious primary suite includes a private sauna, creating the perfect retreat after a day spent enjoying all that Lake Tahoe has to offer. With stunning lake views, flexible living spaces, and an unbeatable location near recreation and amenities, this property is a rare opportunity in desirable Zephyr Cove.

Listed by Nick Philips — RE/MAX Realty Affiliates

Listing Details

Status Active
MLS # 260008102
Price/Sq Ft $647

Property History

Jun 24, 2026
Listed for sale
$2,250,000
Property Overview
Beds 6
Baths 4.0
Sq. Ft. 3,479
Lot Size 0.43 acres
Stories 3
Year Built 1975
Property Type Single Family Residence
Subdivision Zephyr Heights
County Douglas
STR Jurisdiction Douglas County
APN 1318-10-416-033
Parking
Garage Spaces 2
Total Parking 3
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Multiple Entry Flat or Ramped, Rain Gutters
Lot Features Level, Sloped Down, Sloped Up
View Mountain(s), Trees/Woods
Roof Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Fireplace(s), Natural Gas, Radiant Floor
Financial
Annual Tax $4,797
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

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%

STR Investment Summary — 621 Stanley Circle, Zephyr Cove

Est. Annual Revenue
$135,862
Avg Nightly Rate
$1447
Projected Occupancy
25.3%
Cap Rate
2.4%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

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% ($450,000)
Home price
$2,250,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

Send a Message

By submitting, you agree to our Terms of Service and Privacy Policy and consent to being contacted by Murat Gocmen.

Or call directly: (530) 317-0373