About This Property
Welcome to an impressive Lakeview Estate in Zephyr Knolls, Nevada, where privacy, spacious living and resort-style amenities come together in an exceptional Lake Tahoe setting. Tucked away at the end of Lakeview Drive with a USFS lot adjoining one side, this four-level residence offers a peaceful sense of seclusion while remaining within walking distance of Zephyr Cove Beach, the beach bar, general store and Zephyr Cove Lodge restaurant. Extensively remodeled in 2007, this distinctive home was designed with both comfortable living and entertaining in mind. The residence features 6 bedrooms, 6.5 baths and 3 fireplaces, complemented by beautiful marble, granite and stonework throughout. One of the home's highlights is the extraordinary 1,150-square-foot, single-level primary suite, providing an expansive private retreat with an impressive collection of amenities and the space rarely found in a Lake Tahoe residence. A four-level elevator provides convenient access throughout the home. The lower level is devoted to recreation, relaxation and entertaining, featuring an indoor lap pool, spa, sauna and game area, creating the atmosphere of a private resort without ever leaving home. Generous Trex decks extend the living space outdoors and provide an ideal setting for entertaining, dining or simply relaxing while enjoying the Lake Tahoe views. Automatic patio awnings provide shade and comfort throughout the day. Additional features include 7-speaker surround-sound systems in both the living room and primary suite. The front deck creates another inviting outdoor retreat with a sunken garden, fountain and outdoor accent lighting, adding warmth and ambiance to the home's surroundings. Offering an unusual combination of privacy, generous living space, lake views and extensive resort-style amenities, this Zephyr Knolls estate is equally suited as a full-time Lake Tahoe residence or an exceptional mountain retreat. A truly distinctive property that must be experienced in person to fully appreciate everything it has to offer.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Jan 2024 | $2,100,000 | Craig ZagerColdwell Banker Select ZC | Craig ZagerColdwell Banker Select ZC |
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
Permitted ZoneSTR Investment Summary — 695 Lakeview Drive, Zephyr Cove
Based on comparable vacation rental performance data for Zephyr Cove. 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