$45,000,000 Active
580 Gonowabie Road
Crystal Bay, NV 89402
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
9,976 Sq Ft
Virtual Tour

About This Property

Architecturally significant and masterfully engineered, this nearly 10,000 sqft, this striking modern estate on Lake Tahoe was designed by renowned architect Mark Dziewulski. Sculpted of glass and steel and perched above 98 feet of Crystal Bay shoreline, the home features a commercial-grade glass elevator, a 5-story floating staircase of layered glass, and dramatic floor-to-ceiling windows. With 4 bedrooms, 4.5 baths, multiple lounges, spa with gym, steam room, and a spa tub that fills and drains at the touch of a button, every detail is expertly crafted. The great room and butler’s kitchen open to a heated lakeview deck via a massive pivoting glass door. Outdoors: steel and Trex pier, 3-ton boat lift, 2 buoys, landscaped lawn, and rare privacy. Radiant heat, large full-home generator and a heated driveway. Anchored by a granite sculpture by Jesús Moroles. Located in tax-advantaged Nevada. Full furnishings negotiable. This is not just a lakefront home—it’s a livable work of art.

Listed by Sondra Jackson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1019021
Days on Market 24
Price/Sq Ft $4,511

Property History

Jul 03, 2026
Listed for sale
$45,000,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Jan 2021 · county record $31,500,000 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.

Property Overview
Beds 4
Baths 4.5
Sq. Ft. 9,976
Lot Size 0.49 acres
Year Built 2008
Property Type Single Family Residence
County Washoe
STR Jurisdiction Washoe County
APN 123-101-08
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dock,Heated Driveway,Sprinkler/Irrigation,Landscaping,Patio
Lot Features Lake Front
View Lake,Mountain(s),Panoramic,Trees/Woods
Construction Block,Concrete,Steel
Roof Metal
Utilities & Systems
Heating Radiant,Hot Water,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $186,306
📊

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 — 580 Gonowabie Road, Crystal Bay

Est. Annual Revenue
$1,052,532
Avg Nightly Rate
$8996
Projected Occupancy
32.0%
Cap Rate
0.9%
Structural Score: 67 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Crystal Bay. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,606 sq ft covered of 214 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
21,414 sq ft
Allowed Coverage
214 sq ft · 1%
Existing Coverage
3,606 sq ft · 17%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($9,000,000)
Home price
$45,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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