About This Property
Located on a .48 acre lot in the highly sought-after Marla Bay community of Lake Tahoe, this charming 5-bedroom, 3-bathroom cottage offers the perfect blend of classic Tahoe character and modern comfort. Surrounded by towering pines and natural beauty, this inviting home provides plenty of space for family gatherings, weekend getaways, or year-round living. Inside, you'll find warm and welcoming living spaces filled with natural light, cozy gathering areas, and a functional layout designed for both relaxation and entertaining. Five generously sized bedrooms and three full bathrooms provide ample room for guests, while the home's timeless cottage appeal creates a true mountain retreat. Step outside to enjoy the expansive lot, offering abundant privacy, mature landscaping, and endless possibilities for outdoor entertaining, recreation, or future enhancements. Whether you're enjoying a summer barbecue, relaxing beneath the trees, or unwinding after a day on the lake, this property captures the essence of the Tahoe lifestyle. Ideally located in the desirable Marla Bay neighborhood, you'll enjoy easy access to Lake Tahoe's crystal-clear waters, nearby beaches, hiking and biking trails, world-class skiing, dining, shopping, and year-round outdoor adventures. This rare property combines location, space, and charm in one of Lake Tahoe's most coveted lakefront communities.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2017 · county record | $1,380,000 | Deed record — brokerage sides not reported | |
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
Yellow ZoneSTR Investment Summary — 652 Freel 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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
