About This Property
Rare opportunity to own a well-located triplex in desirable Zephyr Cove, offering a blend of income potential, outdoor lifestyle, and future development possibilities. The property features three separate units: a spacious 3-bedroom, 2-bath, a 2-bedroom, 2-bath, and a 1-bedroom, 1-bath. Some units enjoy lake views, while the property itself offers a nice yard, abundant parking, and a detached garage. There is also potential to develop a fourth unit, providing an exciting opportunity for an owner looking to add value and increase the property's income potential, subject to applicable approvals and zoning requirements. Located close to the beaches, Lake Tahoe, hiking, biking, skiing, boating, and the year-round outdoor recreation that makes the Tahoe lifestyle so desirable. Whether you're looking for a multifamily investment, a property with room to grow, or a foothold in the Tahoe market, 636 Lakeview offers a compelling combination of location, flexibility, and potential.
Listing Details
Property History
STR Investment Analysis
Red ZoneSTR Investment Summary — 636 Lakeview Drive, Zephyr Cove
Based on comparable vacation rental performance data for Zephyr Cove. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. 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 ↗ How the Basin comparesCost Segregation Tax Savings
Estimated first-year bonus depreciation savings
