$1,598,000 Active
257 McFaul Court
Zephyr Cove, NV 89448
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
3 Beds
·
2.0 Baths
·
1,942 Sq Ft
Virtual Tour

About This Property

Offered fully furnished, this beautifully maintained Round Hill retreat is tucked away on a private 0.43-acre parcel on a quiet cul-de-sac. This 3-bedroom, 2-bath home combines timeless Tahoe charm with exceptional indoor and outdoor living. Inside, vaulted beam ceilings, abundant natural light, and an Extraordinaire gas fireplace create a warm and inviting atmosphere. The home offers generous storage throughout and has been thoughtfully updated with newer appliances, central air conditioning, a high-efficiency furnace with advanced air filtration, steam shower, and a tankless water heater, for lasting comfort and peace of mind. The backyard is truly something special. Multiple terraces, mature landscaping, an outdoor kitchen, hot tub, arbor with a fire pit, and a charming cave create a one-of-a-kind setting designed to enjoy Tahoe's four seasons. Whether hosting friends or unwinding after a day on the lake or slopes, every corner has been thoughtfully crafted to maximize privacy and enjoyment. A quaint detached office provides incredible flexibility and could easily serve as a yoga studio, home gym, creative retreat, or additional storage, while a separate tool shed offers space for all of your Tahoe gear and projects. Located just minutes from Lake Tahoe beaches, scenic trails, golf, and world-class skiing, this exceptional property offers the best of mountain living in one of Nevada's most sought-after neighborhoods.

Listed by Jamie Baines — Sierra Sotheby's Int'l. Realty

Listing Details

Status Active
MLS # 260008118
Days on Market 1
Price/Sq Ft $823

Property History

Jun 24, 2026
Listed for sale
$1,598,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,942
Lot Size 0.43 acres
Stories 1
Year Built 1971
Property Type Single Family Residence
Subdivision Roundhill Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-15-612-006
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Fire Pit, Outdoor Kitchen, Rain Gutters
Lot Features Cul-De-Sac, Gentle Sloping, Landscaped, Sloped Up, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods
Roof Membrane, Pitched
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $2,943
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 — 257 McFaul Court, Zephyr Cove

Est. Annual Revenue
$48,954
Avg Nightly Rate
$407
Projected Occupancy
33.5%
Cap Rate
1.2%
Structural Score: 52 / 100 (Standard) · 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
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% ($319,600)
Home price
$1,598,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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