$2,399,000 Closed
464 Elks Avenue
Zephyr Cove, NV 89448
SOLD 2026-08-14
Sold for $2,015,000 (listed at $2,399,000)
2 Beds
·
2.0 Baths
·
1,311 Sq Ft

About This Property

Arguably the most extraordinary vintage home existing today on the East Shore. A completely (2015) renovated and modernized 1929 log cabin inside gated Elks Point Country Club. HOA marina with slips, 13-acre private beach, summer boat storage, caretaker. No expense spared. Old Tahoe charm at it's finest. Historic converted ice house guest cottage, too. Cave Rock granite and Tahoe pine. Warm up after skiing with a roaring fire in the stunning log burning hearth. A remarkable one of a kind gem. Renovation includes the installation of DaVinci roofs, new plumbing, fixtures, electrical, furnace, windows, flooring, exterior fascia, deck, water and sewer lines, irrigation and more. Less than 100 homes in this historic enclave. Full Nevada tax benefits.

Listed by Philip DeLone — Dickson Realty

Listing Details

Status Closed
MLS # 1018847
Sold Date 2026-08-14
Sold Price $2,015,000
Price/Sq Ft $1,830

Property History

May 06, 2026
Listed for sale
$2,399,000
Jul 15, 2026
Pending
$2,399,000
Aug 14, 2026
Sold
$2,015,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2014 · county record $510,000 Deed record — brokerage sides not reported
Aug 2026 · this listing $2,015,000 (+295%) Philip DeLoneDickson Realty Nevada Licensee

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 2
Baths 2.0
Sq. Ft. 1,311
Lot Size 0.16 acres
Stories 2
Year Built 1929
Property Type Single Family Residence
Style Historic/Antique
County Douglas
STR Jurisdiction Douglas County
APN 1318-16-810-045
Parking
Parking Features No Garage,Off Street,Outside,Private
Attached Garage Yes
Exterior & Lot
Exterior Features Private Yard,Rain Gutters
Lot Features Acreage,Open Lot,Level
View Mountain(s),Trees/Woods
Construction Frame,Log,Stone
Roof Other
Utilities & Systems
Heating Electric,Forced Air
Financial
Annual Tax $6,028
HOA Fee $6,700 / Annually
HOA & Community
Community Amenities Beach Rights,Pier

STR Investment Summary — 464 Elks Avenue, Zephyr Cove

Est. Gross Annual Revenue
$28K – $53K
typically ~$37,562
Avg Nightly Rate
$194
Projected Occupancy
53.2%
Cap Rate
0.6%
Structural Score: 51 / 100 (Standard) · STR Zone: Yellow

Based on comparable vacation rental performance data for Zephyr Cove. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
777 sq ft covered of 76 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
7,566 sq ft
Allowed Coverage
76 sq ft · 1%
Existing Coverage
777 sq ft · 10%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
4
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗
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