$5,995,000 Active Under Contract
1963 Glenbrook House Road
Glenbrook, NV 89413
✓ 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.
5 Beds
·
5.5 Baths
·
5,192 Sq Ft
Virtual Tour

About This Property

Historic Glenbrook—Lake Tahoe's only private, gated, lakefront golf course community—sits within 750 pristine acres of meadows, streams and forest. Reimagined twice, in 2018 and 2021, the home blends rugged character with polished luxury. Wood-beamed ceilings and floor-to-ceiling windows frame Shakespeare Rock and Lake Tahoe's crystal-blue waters, while the hardwood floors, custom stone, and metalwork define every space. The floor plan flows from indoor gathering areas to expansive outdoor living, suited for intimate evenings and lavish entertaining. Every ensuite bedroom offers stunning views and privacy. The gourmet kitchen, wet bar, and hydronic systems ensure year-round comfort. Glenbrook's amenities rival the world's finest private clubs: sandy beach, pier, buoy field, and the option to join the Golf Course, which is not included in the sale. World-class skiing, water sports, dining, and airport access complete the four-season lifestyle — with Nevada's tax advantages as a bonus.

Listed by William Dietz — Tahoe Luxury Properties

Listing Details

Status Active Under Contract
MLS # 1018947
Days on Market 14
Price/Sq Ft $1,155

Property History

Jun 05, 2026
Listed for sale
$5,995,000
Current
Pending
$5,995,000
Property Overview
Beds 5
Baths 5.5
Sq. Ft. 5,192
Lot Size 0.59 acres
Year Built 1985
Property Type Single Family Residence
County Douglas
STR Jurisdiction Douglas County
APN 1418-11-311-010
Parking
Garage Spaces 2
Parking Features Two Car Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony,Deck,Sprinkler/Irrigation,Landscaping
Lot Features Corner Lot,Level
View Lake,Mountain(s)
Roof Composition
Utilities & Systems
Heating Baseboard,Hot Water,Propane
Financial
Annual Tax $18,799
HOA Fee $1,280 / Quarterly
HOA / Community Glenbrook HOA
📊

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 — 1963 Glenbrook House Road, Glenbrook

Est. Annual Revenue
$230,841
Avg Nightly Rate
$1973
Projected Occupancy
32.0%
Cap Rate
1.5%
Structural Score: 52 / 100 (Standard) · STR Zone: Yellow

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

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% ($1,199,000)
Home price
$5,995,000
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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