$6,998,000 Active
730 Cedar Street
Zephyr Cove, NV 89448
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
4 Beds
·
4.0 Baths
·
3,469 Sq Ft

About This Property

Nestled in the iconic historic Zephyr Cove Community and just a block from the waters edge of Zephyr Cove Beach, 730 Cedar Street represents a rare opportunity to own a newly constructed Mountain Modern masterpiece in the heart of Zephyr Cove. Thoughtfully designed and meticulously crafted by the builder-designer owners, this exceptional custom residence was curated by a talented husband-and-wife team, blending expert craftsmanship with sophisticated interior design to create a truly one-of-a-kind Mountain Modern retreat. Located in the coveted Zephyr Cove community and including two private buoys through the Zephyr Cove Association, the property captures the essence of the Lake Tahoe lifestyle with seamless indoor-outdoor living, refined finishes, and extraordinary attention to detail throughout. The residence showcases striking Mountain Modern architecture paired with warm natural materials and timeless custom craftsmanship. The expansive open-concept living areas are anchored by a dramatic 72-inch custom quartz linear fireplace, while oversized windows and thoughtfully designed entertaining spaces create an inviting atmosphere for both large gatherings and intimate family living. At the heart of the home is a true chef's kitchen featuring a premium Viking appliance package, including a 60-inch built-in refrigerator and a 48-inch professional gas range. Dual Cove dishwashers, two beverage centers, custom Crystal cabinetry with glass uppers, Top Knobs hardware, servo-powered cabinetry features, and exquisite Cambria quartz countertops elevate both functionality and design. Designer lighting from Hubbardton Forge and Viking further enhances the sophisticated aesthetic. The oversized primary suite offers a true spa-inspired retreat with a luxurious steam shower, quartz slab finishes, heated tile floors, fireplace, custom cosmetic station with illuminated backlit mirror, and expansive his-and-hers walk-in closets professionally designed by California Closets. Additional guest accommodations and living spaces continue the home's elevated design theme, including heated tile flooring in every bathroom and laundry room, quartz slab showers, blackout shades, and premium custom cabinetry throughout. Designed for comfort and modern convenience, the home includes a fully integrated Sony Control 4 smart home system, Sonos interior and exterior audio, Luma security cameras, wired battery-operated Hunter Douglas shades, and two-zone central heating and air conditioning. A dedicated home theater, custom downstairs family room bar, executive his-and-hers office spaces, and extensive built-in storage create an ideal blend of luxury and livability. Outdoor living is equally impressive, featuring Azek composite decking with custom privacy glass, natural gas fire pit, outdoor speakers, Infrtech exterior heaters, Hot Springs spa with electric telescopic cover, outdoor shower, and beautifully integrated entertaining spaces designed for year-round enjoyment. The oversized garage has been extensively upgraded with epoxy flooring, custom storage systems, an additional large refrigerator, and organization features ideal for Tahoe recreation and luxury vehicle storage. An additional powered outdoor storage shed provides abundant space for toys, gear, and seasonal equipment. Outdoor living is equally impressive & featuring a fully equipped outdoor kitchen. Further enhancing the offering, the seller may consider including the adjacent cabin property at 732 Cedar Street as part of a combined purchase opportunity. The adjacent parcel has been evaluated by TRPA and offers additional potential and flexibility for a larger retreat. The neighboring parcel will not be sold independently unless accompanied by an acceptable contract for 730 Cedar Street. This is an extraordinary opportunity to acquire one of Zephyr Cove's finest newer custom homes, moments from the beach, boating, dining, and all that Lake Tahoe's Nevada East Shore lifestyle has to offer.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260006320
Days on Market 1
Price/Sq Ft $2,017

Property History

May 19, 2026
Listed for sale
$6,998,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 3,469
Lot Size 0.21 acres
Stories 3
Year Built 2019
Property Type Single Family Residence
Subdivision Zephyr Cove
County Douglas
STR Jurisdiction Douglas County
APN 1318-10-310-041
Parking
Garage Spaces 3
Total Parking 3
Parking Features Garage, Garage Door Opener, Heated Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Built-in Barbecue, Dog Run, Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Artificial Turf, Gentle Sloping, Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s)
Construction Concrete, Glass, Stone Veneer
Roof Composition, Membrane, Metal, Pitched
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Electric, Fireplace(s), Forced Air, Heat Pump, Natural Gas, Radiant, Radiant Floor
Cooling Central Air, Electric
Water Source Lake Tahoe
Financial
Annual Tax $10,566
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%

STR Investment Summary — 730 Cedar Street, Zephyr Cove

Est. Annual Revenue
$339,768
Avg Nightly Rate
$2904
Projected Occupancy
32.0%
Cap Rate
1.9%
Structural Score: 76 / 100 (Luxury) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($1,399,600)
Home price
$6,998,000
Loan details
30-yr fixed, 6.5%
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