$1,998,000 Active Under Contract
178 Pine Point Drive
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
·
3.5 Baths
·
2,968 Sq Ft

About This Property

Perched among towering pines and dramatically integrated into massive natural granite boulders, 178 Pine Point feels like a treehouse above Lake Tahoe. Tucked at the end of a quiet cul-de-sac in the desirable Lower Lakeridge community, this architectural and engineering standout embraces its mountainside setting with soaring vaulted wood ceilings, walls of glass, multiple balconies, and stunning lake views from nearly every primary living space. The main living room captures the home's essence, featuring floor-to-ceiling glass framing the lake and surrounding forest, vaulted wood ceilings, wood-cased windows, and direct access to an expansive wood balcony. A mirrored wall reflects the natural light and scenery, further enhancing the feeling of being suspended among the trees. The lakeview kitchen features granite slab countertops, select oak solid-wood flooring, a pantry, recessed lighting, an electric range, oven, built-in microwave, and dishwasher. A sliding glass door opens directly to the balcony and backyard. The dining room offers built-in cabinetry, while a separate family room provides another inviting gathering space with lake views and direct balcony access. The primary suite is a private retreat with vaulted wood ceilings, a gas fireplace, built-in desk area, walk-in closet, wood-cased windows, a private balcony, and beautiful views of Lake Tahoe. The spacious primary bath includes a sauna, jetted soaking tub, separate tiled shower with dual shower heads, dual sinks, and tile countertops. A downstairs bedroom enjoys its own private lakeview balcony, while an upper-level en suite bedroom is reached by a dramatic spiral staircase and features floor-to-ceiling glass, lake views, built-in cabinetry, and a private bath. A detached one-car garage with office space above adds valuable flexibility and separation from the main residence, creating an ideal work-from-home space, private office, or additional retreat. Additional highlights include central air conditioning, forced-air heat, a dedicated laundry room with a convenient laundry chute from the primary suite, a guest powder room, substantial under-house storage, and a durable metal roof. Residents of Lakeridge enjoy access to the community's private lakefront pavilion, pier, and water access, bringing another dimension to the Lake Tahoe lifestyle. Distinctive, private, and surrounded by Tahoe's natural beauty, 178 Pine Point offers the rare feeling of living like a treehouse above the lake.

Listed by Gregory Ochoa — Mountain Luxury Properties

Listing Details

Status Active Under Contract
MLS # 260011266
Days on Market 13
Price/Sq Ft $673

Property History

Aug 31, 2026
Listed for sale
$1,998,000
Sep 10, 2026
Pending
$1,998,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 2,968
Lot Size 0.30 acres
Stories 3
Year Built 1988
Property Type Single Family Residence
Subdivision Lake Ridge Estates
County Douglas
STR Jurisdiction Douglas County
APN 1418-34-210-013
Parking
Garage Spaces 1
Total Parking 3
Parking Features Additional Parking, Detached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Cul-De-Sac, Sloped Up, Wooded
View Mountain(s), Trees/Woods
Construction Stucco
Roof Metal
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Cooling Central Air
Water Source Lake Tahoe
Financial
Annual Tax $16,759
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Luxury
78
PROJECTED GROSS ANNUAL REVENUE
$30K – $85K typically ~$55,000
~$4,583 per month
Avg Nightly
$290
Occupancy
52%
Cap Rate
1.1%

STR Investment Summary — 178 Pine Point Drive, Glenbrook

Est. Gross Annual Revenue
$30K – $85K
typically ~$55,000
Avg Nightly Rate
$290
Projected Occupancy
51.9%
Cap Rate
1.1%
Structural Score: 78 / 100 (Luxury) · STR Zone: Yellow

Based on comparable vacation rental performance data for Glenbrook. 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
3,542 sq ft covered of 131 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
13,132 sq ft
Allowed Coverage
131 sq ft · 1%
Existing Coverage
3,542 sq ft · 27%
Addable Coverage
0 sq ft
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% ($399,600)
Home price
$1,998,000
Loan details
30-yr fixed, 6.5%
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