$10,900,000 Active
1754 US Highway 50
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.
3 Beds
·
2.0 Baths
·
2,240 Sq Ft

About This Property

A rare opportunity to own a true East Shore legacy property in Glenbrook. Set on 0.78 acres of coveted lakefront, this private, no-HOA retreat offers direct lake access, a private path to a sandy beach, and an existing buoy, allowing you to enjoy the Tahoe lifestyle immediately. The 1950s cabin is the beginning of the story, while a fully designed 5,871-square-foot residence by renowned architects Kelly & Stone awaits. With TRPA approval secured, the vision is remarkable advanced. The future residence features expansive lake and mountain views, four bedrooms with flexibility for six, a luxurious primary suite, bunk room, gym and sauna, theater, multiple fireplaces, outdoor kitchen, and soaring timber-and-stone architecture framed by floor-to-ceiling glass. The property and adjoining neighbor also won the 2025 shared pier lottery, with final TRPA review underway for a 300-foot pier and two 12,000-pound boat lifts. Live lakefront now. Build the extraordinary next.

Listed by Matthew Schorr — Compass

Listing Details

Status Active
MLS # 1019182
Days on Market 6
Price/Sq Ft $4,866

Property History

Sep 14, 2026
Listed for sale
$10,900,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2020 · county record $2,400,000 Deed record — brokerage sides not reported

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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 3
Baths 2.0
Sq. Ft. 2,240
Lot Size 0.78 acres
Stories 1
Year Built 1954
Property Type Single Family Residence
County Douglas
STR Jurisdiction Douglas County
APN 1418-15-801-006
Parking
Parking Features Covered,Carport
Exterior & Lot
Exterior Features Deck
Lot Features Lake Front
View Lake,Mountain(s)
Roof Metal
Utilities & Systems
Heating Oil
Financial
Annual Tax $20,376
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,231 sq ft covered of 341 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
35,343 sq ft
Allowed Coverage
341 sq ft · 1%
Existing Coverage
3,231 sq ft · 9%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1b, 2, 4, 6
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 ↗

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% ($2,180,000)
Home price
$10,900,000
Loan details
30-yr fixed, 6.5%
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