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  • $1,040,000

    748 Highway 50, Zephyr Cove, NV 89448

    2beds
    1,228sqft
    Single Family Residence
    Built in 1922
    4,356 Square Feet Lot
    $1,047,000 Zestimate®
    $847/sqft
    $3,275 Estimated rent

    Home value

    $1,047,000

    Estimated sales range

    Not available

    $3,275/mo

    Zestimate® history
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    What's special

    Sandy beachSingle-level livingNewer forced-air heating systemExclusive gated communityBuoy fieldPrivate hoa pierTankless water heater
    Your opportunity to own a piece of Zephyr Cove—one of Lake Tahoe's most prestigious and sought-after lakefront neighborhoods on the captivating east shore of Nevada! This 2-bedroom, 2-bath chalet offers the perfect chance to create your Tahoe retreat in an exclusive gated community just steps from world-class lake access. The home features a spacious great room ideal for gathering after a day on the water, a separate family room for added flexibility, and convenient single-level living with two bedrooms and two full baths. A large basement provides additional storage and utility space and includes a washer and dryer, newer forced-air heating system, and tankless water heater. The property is being offered in as-is condition, and due to its current state, cash offers are required. Zephyr Cove is a rare and historic lakefront enclave, originally developed in 1926, and home to just 75 residences—including only 10 lakefront properties—creating a close-knit and highly desirable community. Residents enjoy a gated entrance that provides privacy, security, and a true sense of exclusivity. One of the crown jewels of the neighborhood is the private HOA pier, sandy beach, and buoy field. Homeowners have exclusive access to these exceptional amenities, offering the ultimate lakeside lifestyle with opportunities for boating, swimming, paddleboarding, and sunset gatherings. The HOA also maintains a picnic gazebo and beach area, fostering recreation and community connection. Unlike many Lake Tahoe neighborhoods, Zephyr Cove does not have CC&Rs, allowing added flexibility for property ownership. Utilities are provided by Douglas County Utilities and Tahoe Douglas Sewer. The property is ideally located adjacent to the renowned Zephyr Cove Resort, where a general store, restaurant, beach, and water sports rentals make everyday living feel like a vacation. Just 4 miles from the California/Nevada state line, the location offers convenient access to shopping, dining, entertainment, and year-round outdoor adventure. In winter, Heavenly's Boulder Lodge and lift are approximately 6.8 miles away, providing easy access to world-class skiing and snowboarding. Douglas County School bus service is available at the Highway 50 entrance. Whether you envision restoring the existing chalet or creating your long-term Tahoe getaway, this is a rare opportunity to invest in one of Lake Tahoe's most exclusive lake-access communities.

    Zillow last checked:

    Listing updated:

    Listed by:

    Craig Zager S.23628 775-901-4663,

    Coldwell Banker Select ZC

    Bought with:

    Lisa Moffitt, S.171636

    Dickson Realty - Damonte Ranch

    Source: NNRMLS,MLS#: 260002208MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 2
    • Bathrooms: 2
    • Full bathrooms: 2
    Heating
    • Forced Air, Natural Gas
    Appliances
    • Included: Dryer, Electric Oven, Oven, Washer
    • Laundry: In Basement
    Features
    • High Ceilings, Master Downstairs
    • Flooring: Carpet, Vinyl, Wood
    • Windows: Metal Frames, Single Pane Windows
    • Number of fireplaces: 1
    • Fireplace features: Wood Burning
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 1,228
    • Total interior livable area: 1,228 sqft

    Property

    Parking
    • Total spaces: 2
    • Parking features: Tandem
    Features
    • Levels: One
    • Stories: 1
    • Exterior features: None
    • Spa features: None
    • Fencing: Partial
    • Has view: Yes
    • View description: Peek, Trees/Woods
    • Body of water: Lake Tahoe
    Lot
    • Size: 4,356 Square Feet
    • Features: Level
    Details
    • Additional structures: Shed(s)
    • Parcel number: 131810310058
    • Zoning: Single Family

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Block
    • Foundation: Concrete Perimeter
    Condition
    • New construction: No
    • Year built: 1922

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Electricity Connected, Internet Available, Natural Gas Connected, Sewer Connected

    Community & HOA

    Community
    • Subdivision: Zephyr Cove
    HOA
    • Has HOA: No
    Location
    • Region: Zephyr Cove

    Financial & listing details

    • Price per square foot: $847/sqft
    • Tax assessed value: $150,756
    • Annual tax amount: $2,427
    • Date on market: 2/28/2026
    • Cumulative days on market: 45 days
    • Listing terms: 1031 Exchange,Cash

    Price history

    DateEventPrice
    4/14/2026Sold$1,040,000-9.6%$847/sqft
    Source: NNRMLS #260002208 Report a problem
    3/16/2026Contingent$1,150,000$936/sqft
    Source: NNRMLS #260002208 Report a problem
    2/28/2026Listed for sale$1,150,000$936/sqft
    Source: NNRMLS #260002208 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$2,194 +5.7%$150,756 +0.2%
    2024$2,075 +10.1%$150,430 +1.5%
    2023$1,884 +8%$148,180 +21.1%
    2022$1,744 +3.4%$122,393 +0.5%
    2021$1,687 $121,739 +13.6%
    2020-- $107,144
    2019$1,623 $107,144 +4.1%
    2018$1,623 +9%$102,916 +0.3%
    2017$1,489 $102,654 +0.3%
    2016$1,489 +2.5%$102,349
    2015$1,453 +3.4%$102,349 +1.2%
    2014$1,405 $101,147 +1.2%
    2013-- $99,977 +0.7%
    2012-- $99,315 -0.1%
    2011-- $99,387 -0.4%
    2010-- $99,753 +0%
    2009-- $99,710 +0.8%
    2008-- $98,897 +0.6%
    2007-- $98,354 +0.3%
    2006-- $98,038 +116.3%
    2005$767 +7.3%$45,332 +43.9%
    2004$715 $31,507 0%
    2003-- $31,511
    Find assessor info on the county website

    Neighborhood: 89448

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • Elementary: Zephyr Cove
    • Middle: Whittell High School - Grades 7 + 8
    • High: Whittell - Grades 9-12

    Source: NNRMLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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    Estimated market value
    $1,047,000
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $1,047,000