About This Property
Discover a one-of-a-kind property in the heart of Glenbrook's highly sought-after Cave Rock area—where versatility meets opportunity. This distinctive residence offers incredible flexibility as both a multifamily home and a potential professional or commercial space, ideal for those seeking to combine work, leisure, and Lake Tahoe's natural beauty. Just steps from the Cave Rock hiking trail and directly across the street from the public boat launch and beach, this property is a dream for outdoor enthusiasts. Launch your boat in minutes, enjoy a morning hike with breathtaking lake views, or spend the afternoon at the nearby Edgewood Golf Course, home of the famous Celebrity Tournament. The upper parking lot provides ample space for RVs, boats, and multiple vehicles, with plenty of room for future expansion or improvements. The structure itself offers endless potential—whether you envision remodeling into a modern mountain retreat, a multi-unit income property, or a professional building tailored to your business needs. Set in a location that balances tranquility and accessibility, you're only moments away from State Line, premier restaurants, shopping, medical facilities, and year-round recreation. A rare opportunity to own a property that adapts to your lifestyle—whether as a home, investment, or commercial venture—this Glenbrook gem captures the best of Lake Tahoe living and limitless potential.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 1300 Cave Rock Drive, Glenbrook
Based on comparable vacation rental performance data for Glenbrook. Revenue projections are estimates and may vary.
Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
