225 S Martin Dr Zephyr Cove, NV 89448
Estimated payment $25,359/month
Highlights
- Two Primary Bedrooms
- Mountain View
- Deck
- Zephyr Cove Elementary School Rated A-
- Fireplace in Primary Bedroom
- Wood Flooring
About This Home
Experience the grandeur of this extraordinary Tudor-style Tahoe castle, where Old World elegance meets modern luxury in a setting beyond compare. Offering sweeping, unobstructed southwest-facing lake views that stretch from the slopes of Heavenly Ski Resort to the North Shore of Lake Tahoe, this rare architectural treasure is perched on a premier cul-de-sac lot in Zephyr Heights — one of the most coveted neighborhoods on the Nevada side of the lake. Owner financing available for qualified applicants. Recently revitalized with extensive updates, including a brand-new roof, this stately residence invites you into nearly 5,800 square feet of refined mountain living, spread across multiple levels designed to inspire both grandeur and comfort. Step through the castle-style entry and be transported into a world of craftsmanship, featuring custom stonework, exposed beam ceilings, warm wood finishes, and floor-to-ceiling windows that frame the lake like a living painting. The upper-level primary suite feels like a five-star retreat, offering two cozy fireplaces, central AC, a private office, oversized walk-in closet, and a spa-style bathroom that stuns — with a soaking tub set in a turreted alcove overlooking the water and a glass-enclosed shower with panoramic views. Just outside, a private deck offers a front-row seat to Tahoe's famed sunsets. Adjacent, a loft-style sixth guest suite includes its own en-suite bath — ideal for guests, in-laws, or a home office. The heart of the home — a chef's kitchen — has been thoughtfully updated with quartz countertops, two large center islands, new stainless steel appliances, and exquisite cabinetry. The adjacent octagonal formal dining room offers a dramatic yet intimate setting for up to eight guests, while the lakeview living room features a grand rock fireplace, large screen TV, built-in wet bar with quartz counters, and a sunken conversation pit that opens to an expansive outdoor deck. Downstairs, the amenities continue: a second full kitchen, a family room with space for games or media, a dedicated art studio, dry sauna, and a 300-bottle wine cellar. A game room with pool table and direct access to the spa patio creates the perfect après-ski gathering space. Three additional bedroom suites provide ultimate flexibility for multi-generational living, vacation hosting, or luxurious guest quarters. Outside, newly installed pavers, tiered stone patios, and professional landscaping complement the home's storybook architecture. Soak in the hot tub while taking in a view that rivals any five-star resort. Additional highlights include forced air heating, split AC units for individual comfort zones, a two-car garage with additional driveway parking, a private stone stairway leading to the lowest level, and a bonus off-street parking area for two more vehicles — rare in the hills of Tahoe. Tucked just minutes from the excitement of Stateline casinos, the world-class Edgewood Golf Resort, and the iconic beaches of Lake Tahoe's East Shore, this enchanting property offers the perfect balance of peaceful seclusion and unmatched access. Whether you're seeking a luxurious full-time residence, an investment-grade vacation home, or a generational estate to pass down for years to come — this is your castle in the sky. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging. Actual property condition may differ.
Home Details
Home Type
- Single Family
Est. Annual Taxes
- $14,415
Year Built
- Built in 1980
Lot Details
- 10,454 Sq Ft Lot
- Landscaped
- Lot Sloped Down
- Front and Back Yard Sprinklers
Parking
- 2 Car Attached Garage
- Tuck Under Parking
- Garage Door Opener
Home Design
- Slab Foundation
- Pitched Roof
- Shingle Roof
- Composition Roof
- Stick Built Home
Interior Spaces
- 5,773 Sq Ft Home
- 3-Story Property
- High Ceiling
- Gas Log Fireplace
- Double Pane Windows
- Aluminum Window Frames
- Great Room
- Living Room with Fireplace
- 2 Fireplaces
- Open Floorplan
- Home Office
- Game Room
- Mountain Views
- Crawl Space
Kitchen
- Breakfast Bar
- Double Oven
- Gas Oven
- Gas Cooktop
- Dishwasher
- Kitchen Island
- Disposal
Flooring
- Wood
- Carpet
- Ceramic Tile
Bedrooms and Bathrooms
- 5 Bedrooms
- Fireplace in Primary Bedroom
- Double Master Bedroom
- Walk-In Closet
- Dual Sinks
- Jetted Tub in Primary Bathroom
- Soaking Tub
- Primary Bathroom includes a Walk-In Shower
Laundry
- Laundry Room
- Dryer
- Washer
- Laundry Cabinets
- Shelves in Laundry Area
Home Security
- Security System Owned
- Storm Windows
Outdoor Features
- Deck
Schools
- Zephyr Cove Elementary School
- Whittell High School - Grades 7 + 8 Middle School
- Whittell - Grades 9-12 High School
Utilities
- Cooling Available
- Forced Air Heating System
- Heating System Uses Natural Gas
- Gas Water Heater
- Internet Available
- Cable TV Available
Community Details
- No Home Owners Association
- Zephyr Cove Cdp Community
- Zephyr Heights Subdivision
Listing and Financial Details
- Assessor Parcel Number 1318-10-417-055
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $14,415 | $471,904 | $253,750 | $218,154 |
| 2024 | $13,567 | $478,567 | $253,750 | $224,817 |
| 2023 | $13,986 | $468,185 | $253,750 | $214,435 |
| 2022 | $13,567 | $458,041 | $253,750 | $204,291 |
| 2021 | $13,159 | $418,902 | $220,500 | $198,402 |
| 2020 | $13,140 | $418,349 | $220,500 | $197,849 |
| 2019 | $13,105 | $417,222 | $219,450 | $197,772 |
| 2018 | $12,725 | $405,143 | $210,000 | $195,143 |
| 2017 | $12,411 | $408,541 | $210,000 | $198,541 |
| 2016 | $12,103 | $415,432 | $210,000 | $205,432 |
| 2015 | $12,080 | $415,432 | $210,000 | $205,432 |
| 2014 | $11,706 | $404,084 | $210,000 | $194,084 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/15/2025 05/15/25 | For Sale | $4,588,000 | +69.9% | $795 / Sq Ft | |
| 11/01/2019 11/01/19 | Sold | $2,700,000 | -8.5% | $450 / Sq Ft | View Prior Sale |
| 06/14/2019 06/14/19 | Pending | -- | -- | -- | |
| 02/17/2019 02/17/19 | Price Changed | $2,950,000 | -15.7% | $492 / Sq Ft | |
| 08/18/2017 08/18/17 | For Sale | $3,500,000 | -- | $583 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Bargain Sale Deed | -- | None Listed On Document | |
| Bargain Sale Deed | $2,700,000 | Etrco |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $4,005,000 | Reverse Mortgage Home Equity Conversion Mortgage |
Source: Northern Nevada Regional MLS
MLS Number: 250006570
APN: 1318-10-417-005
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