$1,395,000 Active
207 Cedar Ridge Drive
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.
3 Beds
·
3.0 Baths
·
2,180 Sq Ft

About This Property

Experience elevated mountain living at 207 Cedar Ridge — a stunningly remodeled luxury retreat tucked away in the heart of Zephyr Cove, Nevada. This 3-bedroom, 3-bath residence offers 2,180 sq. ft. of refined living space, artfully blending modern comfort with timeless Tahoe character. Designed with both elegance and functionality in mind, the home features a rare 3-car finished garage plus extra parking for up to six vehicles, offering plenty of space for guests and all your lake essentials. The property also includes separate living quarters, perfect for family, guests, or a private office, along with a whole house generator for seamless year-round living. Enjoy the best of Tahoe lake life without the lakefront price tag. As part of the Lakeridge community, homeowners have access to a private pavilion, a 150-foot pier, and direct lake access — ideal for summer barbecues, evening sunsets, or relaxing by the water. Residents can also store their kayaks and paddleboards conveniently on-site using the private racks for the LakeRidge homeowners. Perfectly located just minutes from world-class skiing, pristine beaches, and endless outdoor adventure, this home delivers a lifestyle of luxury, serenity, and Tahoe charm — your mountain retreat awaits!

Listed by Paul Windt — eXp Realty

Listing Details

Status Active
MLS # 250056835
Days on Market 210
Price/Sq Ft $640

Property History

Mar 01, 2026
Listed for sale
$1,395,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 2,180
Lot Size 0.27 acres
Stories 2
Year Built 1964
Property Type Single Family Residence
Subdivision Lake Ridge Estates
County Douglas
STR Jurisdiction Douglas County
APN 1418-34-211-037
Parking
Garage Spaces 3
Total Parking 9
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Heated Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Gentle Sloping, Level, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Peek, Trees/Woods
Construction Brick
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Fireplace(s)
Water Source Lake Tahoe
Financial
Annual Tax $3,944
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 — 207 Cedar Ridge Drive, Zephyr Cove

Est. Annual Revenue
$66,140
Avg Nightly Rate
$484
Projected Occupancy
37.5%
Cap Rate
1.9%
Structural Score: 65 / 100 (Premium) · 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% ($279,000)
Home price
$1,395,000
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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