About This Property
A rare opportunity to own a distinctive Swiss Chalet-inspired residence in sought-after Zephyr Heights—just minutes from Lake Tahoe and Heavenly Village. Positioned on a prominent corner lot and uniquely zoned as a duplex by Douglas County, this expansive property offers exceptional flexibility for both personal enjoyment and income potential. Designed for gathering and entertaining, the home features five oversized bedrooms, six baths, a game room, and a spacious family room, all complemented by soaring vaulted ceilings and three wood-burning fireplaces. Two generous decks on each level capture western exposure, flooding the home with natural light and creating seamless indoor-outdoor living with inviting sunset views. Ample parking for eight or more vehicles further enhances its appeal for larger groups. Whether envisioned as a luxury vacation retreat, corporate ski lodge, or high-performing rental asset, this property delivers on both lifestyle and return. With its rare duplex zoning, prime location, and substantial capacity, it presents a compelling opportunity for investors and buyers seeking versatility, scale, and long-term value—offered at an attractive and competitive price point.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Sep 2020 · county record | $900,000 | 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.
STR Investment Analysis
Yellow ZoneSTR Investment Summary — 611 Jerry Drive, Zephyr Cove
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
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
