$45,000,000
580 Gonowabie Road
Crystal Bay, NV 89402
✓ STR Allowed
Washoe County has no STR permit caps. No HOA restrictions found — single-family homes are generally allowed.
4 Beds
·
4.5 Baths
·
9,976 Sq Ft
·
21387 Lot
Virtual Tour

About This Property

Architecturally significant and masterfully engineered, this nearly 10,000 sqft, this striking modern estate on Lake Tahoe was designed by renowned architect Mark Dziewulski. Sculpted of glass and steel and perched above 98 feet of Crystal Bay shoreline, the home features a commercial-grade glass elevator, a 5-story floating staircase of layered glass, and dramatic floor-to-ceiling windows. With 4 bedrooms, 4.5 baths, multiple lounges, spa with gym, steam room, and a spa tub that fills and drains at the touch of a button, every detail is expertly crafted. The great room and butler’s kitchen open to a heated lakeview deck via a massive pivoting glass door. Outdoors: steel and Trex pier, 3-ton boat lift, 2 buoys, landscaped lawn, and rare privacy. Radiant heat, large full-home generator and a heated driveway. Anchored by a granite sculpture by Jesús Moroles. Located in tax-advantaged Nevada. Full furnishings negotiable. This is not just a lakefront home—it’s a livable work of art.

Listed by Sondra Jackson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 1018220
Days on Market 241
Price/Sq Ft $4,511

Property History

Jun 12, 2025
Listed for sale
$45,000,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 9,976
Lot Size 0.49 acres
Year Built 2008
Property Type Single Family Residence
APN 123-101-08
Parking
Garage Spaces 2
Parking Features Two Car Garage,Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Deck,Dock,Heated Driveway,Sprinkler/Irrigation,Landscaping,Patio
Lot Features Lake Front
View Lake,Mountain(s),Panoramic,Trees/Woods
Construction Block,Concrete,Steel
Roof Metal
Utilities & Systems
Heating Radiant,Hot Water,Radiant Floor
Cooling Central Air,Wall/Window Unit(s),1 Unit
Financial
Annual Tax $179,945
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($9,000,000)
Home price
$45,000,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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