$2,500,000
1300 Cave Rock Drive
Glenbrook, NV 89413
STR Status Unknown
5 Beds
·
4.5 Baths
·
4,302 Sq Ft
·
20037 Lot

About This Property

Discover a one-of-a-kind property in the heart of Glenbrook's highly sought-after Cave Rock area—where versatility meets opportunity. This distinctive residence offers incredible flexibility as both a multifamily home and a potential professional or commercial space, ideal for those seeking to combine work, leisure, and Lake Tahoe's natural beauty. Just steps from the Cave Rock hiking trail and directly across the street from the public boat launch and beach, this property is a dream for outdoor enthusiasts. Launch your boat in minutes, enjoy a morning hike with breathtaking lake views, or spend the afternoon at the nearby Edgewood Golf Course, home of the famous Celebrity Tournament. The upper parking lot provides ample space for RVs, boats, and multiple vehicles, with plenty of room for future expansion or improvements. The structure itself offers endless potential—whether you envision remodeling into a modern mountain retreat, a multi-unit income property, or a professional building tailored to your business needs. Set in a location that balances tranquility and accessibility, you're only moments away from State Line, premier restaurants, shopping, medical facilities, and year-round recreation. A rare opportunity to own a property that adapts to your lifestyle—whether as a home, investment, or commercial venture—this Glenbrook gem captures the best of Lake Tahoe living and limitless potential.

Listed by Crystal Bauer — eXp Realty

Listing Details

Status Active
MLS # 250057517
Days on Market 136
Price/Sq Ft $581

Property History

Oct 25, 2025
Listed for sale
$2,500,000
Property Overview
Beds 5
Baths 4.5
Sq. Ft. 4,302
Lot Size 0.46 acres
Stories 1
Year Built 1970
Property Type Single Family Residence
Subdivision Cave Rock Estates
APN 1418-27-410-001
Parking
Garage Spaces 1
Total Parking 8
Parking Features Additional Parking, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Level
View Mountain(s)
Roof Shake
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Baseboard, Fireplace(s), Radiant
Cooling Central Air
Financial
Annual Tax $3,061
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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% ($500,000)
Home price
$2,500,000
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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