$1,899,975
$298K PRICE DROP

638 N Martin Dr Zephyr Cove, NV 89448

Estimated payment $10,890/month

Total Views 9,908
7 Beds
6 Baths
3,957 Sq Ft
$480 Price per Sq Ft

Highlights

  • Popular Property
  • Heated Spa
  • View of Trees or Woods
  • Zephyr Cove Elementary School Rated A-
  • Two Primary Bedrooms
  • Maid or Guest Quarters

About This Home

Stunning Lake Tahoe Views | Flexible 7-Bedroom Retreat in Zephyr Heights

Situated in the highly sought-after Zephyr Heights community, 638 N. Martin Drive presents a rare opportunity to own a spacious 7-bedroom, 6-bathroom home with stunning views of Lake Tahoe and the surrounding Sierra Nevada Mountains. This exceptional property offers the perfect setting for year-round living, entertaining, or multi-generational use in one of the region's most desirable neighborhoods.

The thoughtfully designed 4000 plus square foot layout invites flexibility, with multiple living zones that could be configured as one expansive home or divided into three distinct spaces—each with its own kitchen—ideal for multi-generational families, guest accommodations, house hackers, or live-work arrangements. The top floor boasts a spacious, open-concept great room beneath soaring wood-beam ceilings, featuring filtered lake views and an abundance of natural light.

A large dining area flows seamlessly into the kitchen and living space, creating an inviting atmosphere for gathering, hosting, or simply enjoying the mountain lifestyle. Multiple spacious filtered lakeview balconies offer front-row seats to Tahoe's incredible sunsets and natural beauty in every season.

The expansive primary suite serves as a peaceful retreat, offering generous space, comfort, and privacy. On the lower level, a large guest suite includes its own kitchen, laundry, and direct outdoor access—perfect for visiting family or extended stays.

Additional features include:

Rarely available abundant parking—a true asset in Zephyr Heights

Flexible floor plan that supports evolving needs and lifestyles

Convenient access to ski resorts, scenic trails, and Lake Tahoe's outdoor adventures

Blending classic Tahoe charm with modern livability, this home offers room to grow, relax, and reconnect—all in an unbeatable setting.

Schedule your private showing today and experience the best of Lake Tahoe living.

Seller willing to provide financing for 30 years at 5.2 percent with a 70 percent LTV via installment sale OAC.

Listing Agent

Robert Kelley

Redfin License #S.192795 Listed on: 06/18/2025

Redfin

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $5,845

Year Built

  • Built in 1979

Lot Details

  • 8,712 Sq Ft Lot
  • Xeriscape Landscape
  • Steep Slope
  • Wooded Lot

Parking

  • 2 Car Detached Garage
  • Parking Pad
  • Epoxy
  • Garage Door Opener
  • Additional Parking

Home Design

  • Frame Construction
  • Batts Insulation
  • Shingle Roof
  • Asphalt Roof
  • Wood Siding
  • Lap Siding
  • Concrete Perimeter Foundation
  • Stick Built Home
  • Asphalt

Interior Spaces

  • 3,957 Sq Ft Home
  • Furnished
  • Cathedral Ceiling
  • Ceiling Fan
  • Double Pane Windows
  • Aluminum Window Frames
  • Mud Room
  • Great Room
  • Family Room
  • Combination Dining and Living Room
  • Home Office
  • Library
  • Bonus Room
  • Game Room
  • Views of Woods
  • Finished Basement
  • Walk-Out Basement

Kitchen

  • Breakfast Bar
  • Built-In Oven
  • Gas Cooktop
  • Microwave
  • Dishwasher
  • Kitchen Island
  • Disposal

Flooring

  • Carpet
  • Porcelain Tile
  • Luxury Vinyl Tile
  • Vinyl

Bedrooms and Bathrooms

  • 7 Bedrooms
  • Primary Bedroom on Main
  • Fireplace in Bedroom
  • Double Master Bedroom
  • Maid or Guest Quarters
  • In-Law or Guest Suite
  • 6 Full Bathrooms
  • Dual Sinks
  • Bathtub and Shower Combination in Primary Bathroom
  • Primary Bathroom Bathtub Only

Laundry

  • Laundry Room
  • Laundry in Hall
  • Laundry in Bathroom
  • Dryer
  • Washer
  • Shelves in Laundry Area

Home Security

  • Security Lights
  • Fire and Smoke Detector

Pool

  • Heated Spa
  • Above Ground Spa

Outdoor Features

  • Balcony
  • Covered Deck
  • Covered patio or porch
  • Outdoor Storage
  • Rain Gutters

Additional Homes

  • Accessory Dwelling Unit (ADU)

Schools

  • Zephyr Cove Elementary School
  • Whittell High School - Grades 7 + 8 Middle School
  • Whittell - Grades 9-12 High School

Utilities

  • No Cooling
  • Heat Pump System
  • Baseboard Heating
  • Hot Water Heating System
  • Gas Water Heater
  • Internet Available
  • Phone Available
  • Cable TV Available

Community Details

  • No Home Owners Association
  • Zephyr Cove Cdp Community
  • Zephyr Knolls Subdivision
  • 5-Story Property

Listing and Financial Details

  • Lease Option
  • Assessor Parcel Number 1318-10-413-013

Home Details

Home Type

Single Family

Est. Annual Taxes

$5,845

Year Built

Built in 1979

Lot Details

0

Parking

2

Listing Details

  • Year Built: 1979
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Lot Features: Landscaped, Rolling Slope, Sloped Down, Steep Slope, Wooded
  • Lot Size Acres: 0.2
  • Road Frontage Type: Public
  • Is Senior Community?: No
  • Spa Features: Above Ground, Heated
  • Has Spa?: Yes
  • Has View?: Yes
  • Security Features: Keyless Entry, Security Lights, Smoke Detector(s)
  • Has H O A?: No
  • Co List Office Mls Id: 2152-o
  • Co List Office Phone: 702-389-9753
  • Special Conditions: Standard
  • Subdivision Name: Zephyr Knolls
  • Directions: From Hwy 50 turn on N. Martin DR to the left and follow the road to the home on the left.
  • Has Cooling?: No
  • Has Fireplace?: Yes
  • Living Area: 3957.0
  • Is New Construction?: No
  • Tax Legal Elementary School: Zephyr Cove
  • Tax Legal Middle Or Junior School2: Whittell High School - Grades 7 + 8
  • Tax Legal High School: Whittell - Grades 9-12
  • Tax Legal Tax Annual Amount: 5845.29
  • Tax Legal Zoning4: Single Family
  • Association Community Association Y N3: No
  • Building Stories5: 5
  • Lot Lot Size Acres2: 0.2
  • Lot Lot Size Square Feet2: 8712.0
  • Lot Horse Y N2: No
  • Lot View Y N2: Yes
  • Lot Features Landscaped: Yes
  • Lot Features Sloped Down: Yes
  • Sewer Public Sewer: Yes
  • Special Information Covenants Conditions Restrictions Y N: No
  • Typeof Construction Site Stick- Built: Yes
  • Water Rights Water Rights Y N: No
  • Appliances Dishwasher: Yes
  • Appliances Disposal: Yes
  • Appliances Dryer: Yes
  • Appliances Washer: Yes
  • Outdoor Living Spaces Deck3: Yes
  • Outdoor Living Spaces Patio2: Yes
  • Security Features Smoke Detector(s): Yes
  • Appliances Microwave: Yes
  • Water Heater Gas5: Yes
  • Other Rooms Bonus Room2: Yes
  • Other Rooms Office Den: Yes
  • View Trees Woods: Yes
  • Other Rooms Game Room3: Yes
  • Personal Property Included Spa Hot Tub2: Yes
  • Construction Materials Frame: Yes
  • Lot Features Wooded: Yes
  • Other Rooms Finished Basement: Yes
  • Other Rooms Walk- Out Daylight Basement: Yes
  • Association Community Senior Community Y N3: No
  • Lot Features Rolling Slope: Yes
  • Listing Terms Lease Option: Yes
  • Appliances Electric Range: Yes
  • Other Rooms Mud Room: Yes
  • Appliances Gas Range: Yes
  • Security Features Security Lights: Yes
  • Lot Features Steep Slope: Yes
  • Appliances Included As Personal Property Gas Cooktop2: Yes
  • Appliances Included As Personal Property Oven2: Yes
  • Other Rooms Maid's Room: Yes
  • Insulation Details Batts Insulation2: Yes
  • Other Structures Storage4: Yes
  • Building New Construction Y N3: No
  • Lot Spa Y N: Yes
  • Tax Legal Community Name5: Zephyr Cove CDP
  • Common Walls No Common Walls: Yes
  • Miscellaneous Zoning Info Historical District Y N: No
  • Construction Materials Asphalt: Yes
  • Spa Features Heated2: Yes
  • Outdoor Living Spaces Features Covered Patio: Yes
  • Spa Features Above Ground2: Yes
  • Outdoor Living Spaces Features Covered Deck: Yes
  • Levels Three Or More: Yes
  • Outdoor Living Spaces Features Uncovered Deck: Yes
  • Foundation Details Concrete Perimeter: Yes
  • Other Rooms In- Law Quarters: Yes
  • Lot Features Xeriscape: Yes
  • Special Features: VirtualTour
  • Stories: 5

Interior Features

  • Appliances: Additional Refrigerator(s), Dishwasher, Disposal, Dryer, Electric Range, Gas Cooktop, Gas Range, Microwave, Oven, Refrigerator, Washer
  • Flooring: Carpet, Luxury Vinyl, Porcelain, Tile, Varies, Vinyl
  • Full Bathrooms: 6
  • Total Bedrooms: 7
  • Fireplaces: 1
  • Interior Amenities: Cathedral Ceiling(s), High Ceilings, Vaulted Ceiling(s)
  • Window Features: Double Pane Windows, Metal Frames
  • Interior Living Area4: 3957.0
  • Interior Fireplace Y N: Yes
  • Flooring Carpet: Yes
  • Interior Features High Ceilings: Yes
  • Window Features Double Pane Windows: Yes
  • Kitchen Features Breakfast Bar2: Yes
  • Laundry Features In Hall: Yes
  • Living Room Features Family Room Combination: Yes
  • Dining Room Features Living Room Combination: Yes
  • Primary Bedroom Features Double Sinks: Yes
  • Primary Bedroom Features Tub Shower Combination: Yes
  • Interior Fireplaces Total2: 1.0
  • Primary Bedroom Features On Main Floor: Yes
  • Laundry Features Laundry Area: Yes
  • Laundry Features Laundry Room: Yes
  • Living Room Features Great Room3: Yes
  • Dining Room Features High Ceilings3: Yes
  • Kitchen Features Built- In Dishwasher: Yes
  • Kitchen Features Disposal2: Yes
  • Primary Bedroom Features High Ceilings6: Yes
  • Window Features Metal Frames: Yes
  • Laundry Features Shelves: Yes
  • Family Room Features High Ceilings4: Yes
  • Kitchen Features Built- In Microwave: Yes
  • Kitchen Features Kitchen Island2: Yes
  • Primary Bedroom Features Bathtub: Yes
  • Living Room Features Ceiling Fan(s)3: Yes
  • Dining Room Features Great Room4: Yes
  • Flooring Tile: Yes
  • Flooring Vinyl: Yes
  • Laundry Features In Bathroom: Yes
  • Primary Bedroom Features Additional Primary Bedroom: Yes
  • Personal Property Included Furnishings: Yes
  • Family Room Features Great Room5: Yes
  • Other Rooms Bedroom Office Main Floor: Yes
  • Other Rooms Study Library: Yes
  • Living Room Features Dining Room Combination: Yes
  • Kitchen Features Built- In Single Oven: Yes
  • Flooring Porcelain: Yes
  • Kitchen Features Gas Cooktop3: Yes
  • Interior Features Cathedral Ceiling(s): Yes
  • Interior Features Vaulted Ceiling(s): Yes
  • Interior Accessory Dwelling Unit Y N2: Yes
  • Laundry Features Laundry Closet: Yes
  • Flooring Luxury Vinyl: Yes
  • Fireplace Features Bedroom: Yes

Exterior Features

  • Exterior Features: Balcony, Rain Gutters
  • Roof: Asphalt, Shingle
  • Stories: 5
  • View: Trees/Woods
  • Pool Features: None
  • Has Private Pool?: No
  • Waterfront: No
  • Common Walls: No Common Walls
  • Construction Type: Asphalt, Frame, Lap Siding, Wood Siding
  • Foundation Details: Concrete Perimeter
  • Other Structures: Storage
  • Patio And Porch Features: Patio, Deck
  • Construction Materials Wood Siding: Yes
  • Roof Shingle: Yes
  • Roof Asphalt3: Yes
  • Exterior Features Balcony: Yes
  • Lot Pool Private Y N: No
  • Exterior Features Rain Gutters: Yes
  • Lot Waterfront Y N2: No
  • Construction Materials Lap Siding: Yes

Garage/Parking

  • Has Attached Garage?: No
  • Has Carport?: No
  • Garage Spaces: 2.0
  • Has Attached Garage?: Yes
  • Parking Features: Additional Parking, Detached, Garage, Garage Door Opener, Parking Pad
  • Total Parking Spaces: 5.0
  • Parking Information Garage Y N: Yes
  • Parking Information Garage Spaces: 2.0
  • Parking Information Carport Y N: No
  • Parking Information Parking Total: 5.0
  • Parking Features Garage Door Opener: Yes
  • Parking Features Garage: Yes
  • Parking Features Additional Parking: Yes
  • Parking Features Parking Pad: Yes
  • Parking Features Detached: Yes
  • Garage Features Finished Garage: Yes
  • Garage Features Garage Door Opener Controls: Yes
  • Garage Features Epoxy Floor Coating: Yes

Utilities

  • Utilities: Cable Available, Electricity Available, Electricity Connected, Internet Available, Natural Gas Available, Natural Gas Connected, Phone Available, Sewer Available, Sewer Connected, Water Available, Water Connected, Cellular Coverage, Water Meter Installed
  • Water Source: Public
  • Laundry Features: In Bathroom, In Hall, Laundry Area, Laundry Closet, Laundry Room, Shelves
  • Heating: Baseboard, Electric, Heat Pump, Hot Water
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities Cooling Y N3: No
  • Utilities Heating Y N3: Yes
  • Utilities Cable Available: Yes
  • Utilities Electricity Available: Yes
  • Utilities Natural Gas Available: Yes
  • Utilities Phone Available: Yes
  • Utilities Sewer Available: Yes
  • Utilities Water Available: Yes
  • Utilities Water Meter Installed: Yes
  • Utilities Internet Available: Yes
  • Water Source Public: Yes
  • Heating Baseboard: Yes
  • Heating Electric4: Yes
  • Heating Hot Water2: Yes
  • Heating Heat Pump2: Yes
  • Utilities Electricity Connected: Yes
  • Utilities Sewer Connected: Yes
  • Utilities Water Connected: Yes
  • Utilities Natural Gas Connected: Yes

Schools

  • Middle Or Junior School: Whittell High School - Grades 7 + 8

Lot Info

  • Parcel Number: 1318-10-413-013
  • Fencing: None
  • Lot Size Sq Ft: 8712.0
  • Zoning: Single Family

Tax Info

  • Tax Annual Amount: 5845.29

MLS Schools

  • Elementary School: Zephyr Cove
  • HighSchool: Whittell - Grades 9-12

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 $5,845 $249,238 $105,000 $144,238
2024 $5,845 $252,044 $105,000 $147,044
2023 $5,503 $242,445 $105,000 $137,445
2022 $5,503 $221,600 $92,750 $128,850
2021 $5,337 $204,127 $80,500 $123,627
2020 $5,182 $201,847 $80,500 $121,347
2019 $5,028 $191,649 $73,500 $118,149
2018 $4,882 $186,098 $70,000 $116,098
2017 $4,744 $187,218 $70,000 $117,218
2016 $4,623 $182,060 $63,000 $119,060
2015 $4,614 $182,060 $63,000 $119,060
2014 $4,478 $175,094 $63,000 $112,094
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/03/2025 08/03/25 Price Changed $1,899,975 -3.8% $480 / Sq Ft
06/26/2025 06/26/25 Price Changed $1,974,900 -10.2% $499 / Sq Ft
06/18/2025 06/18/25 For Sale $2,198,000 -- $555 / Sq Ft
Source: Northern Nevada Regional MLS

Purchase History

Date Type Sale Price Title Company
Warranty Deed $2,000,000 Boston National Title Agency
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Bargain Sale Deed $450,000 First Centennial Reno
Trustee Deed $540,000 Accommodation
Bargain Sale Deed $725,000 Marquis Title
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $1,600,000 New Conventional
Previous Owner $400,000 Credit Line Revolving
Previous Owner $200,000 Unknown
Previous Owner $150,000 Credit Line Revolving
Previous Owner $88,398 Unknown
Previous Owner $650,000 New Conventional
Source: Public Records

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Source: Northern Nevada Regional MLS

MLS Number: 250051712

Northern Nevada Regional MLS

APN: 1318-10-413-013