$3,600,000
12 Kelly Circle
Glenbrook, NV 89413
STR Status Unknown
3 Beds
·
3.5 Baths
·
3,070 Sq Ft
·
2613 Lot

About This Property

Located in Uppaway Estates, a gated lakeside community of about 30 homes on Lake Tahoe's east shore, this charming home is your serene mountain retreat. The spacious dining room is warm, inviting and ideal for family holiday gatherings. The master suite features a newly updated bathroom, cedar-lined closet and built in book shelves. A bonus room on the ground floor makes for an ideal artist studio, office, or den. Uppaway residents enjoy a lakeside park featuring a gas fire pit, tables, BBQ area and a community pier with boat moorings, kayak and paddle board storage. The lakefront park provides a welcoming spot to gather with friends and family while taking in Lake Tahoe's spectacular Sierra sunsets! With over 300 days of sunshine, enjoy the community hiking trails, private tennis and pickle ball court, then at night take in some spectacular star gazing. Located within 20 minutes of world class skiing, fine dining , entertainment, gaming, shopping and easy access to international and private airports, Tahoe is a scenic 3 1/2 hour drive from the San Francisco Bay Area and California Wine Country. As an added perk, Nevada residents enjoy numerous personal and business tax advantages.

Listed by Susan Clemons — Chase International -Glenbrook

Listing Details

Status Active
MLS # 250058886
Days on Market 92
Price/Sq Ft $1,173

Property History

Dec 08, 2025
Listed for sale
$3,600,000
Property Overview
Beds 3
Baths 3.5
Sq. Ft. 3,070
Lot Size 0.06 acres
Stories 3
Year Built 1981
Property Type Single Family Residence
Subdivision Uppaway
APN 1418-15-511-018
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Common Area, Gentle Sloping, Landscaped, Sprinklers In Front, Sprinklers In Rear, Wooded
View Mountain(s), Trees/Woods
Construction Stone Veneer
Roof Composition
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Fireplace(s), Hot Water, Propane
Water Source Lake Tahoe
Financial
Annual Tax $5,972
HOA Fee $1,000 / Quarterly
HOA / Community Uppaway Estates
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Barbecue, Gated, Landscaping, Parking, Tennis Court(s)
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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% ($720,000)
Home price
$3,600,000
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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