NOT LISTED FOR SALE

716 Lincoln Hwy Zephyr Cove, NV 89448

Estimated Value: $1,625,000 - $8,338,408

4 Beds
2 Baths
2,339 Sq Ft
$2,072/Sq Ft Est. Value

Last Sold June 09, 2022

Last sale price $8,600,000 $3,677 Per Sq Ft

Est. 44% decrease in value since last sale

Current estimated payment $28,419/month

8 Days on Market

Highlights

  • Beach Front
  • Docks
  • Lake, Pond or Stream
  • Zephyr Cove Elementary School Rated A-
  • View of Trees or Woods
  • Wood Flooring

About This Home

As of June 2022

Enchanting Zephyr Cove Lakefront! This unique property is situated on nearly a half acre and offers of 75 feet of sandy beach frontage. This quaint spacious 1930’s cabin offers four bedrooms, two baths and a large basement. The grounds are beautifully landscaped, gated and offer old growth trees plus parking for six vehicles. The property has a topographic survey that was done indicating existing land coverage of approximately 9,343 sq. ft., Currently there is a new foundation in the middle of the circular driveway that has been permitted and installed for a 2 bedroom, 1 bathroom guest quarters. The possibilities are endless! The property is one of fifteen historical and prized lakefronts in the Zephyr Cove Association. The association offers an optional HOA that includes a day use pier and buoy field for Zephyr Cove residences. Don’t wait on this super special opportunity to own a piece of the desirable Zephyr Cove Association property

Last Agent to Sell the Property

Craig Zager

Coldwell Banker Select ZC License #S.23628 Listed on: 05/24/2022

Coldwell Banker Select ZC

Last Buyer's Agent

Craig Zager

Coldwell Banker Select ZC License #S.23628 Listed on: 05/24/2022

Coldwell Banker Select ZC

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $13,088

Year Built

  • Built in 1938

Lot Details

  • 0.4 Acre Lot
  • Beach Front
  • Cul-De-Sac
  • Property is Fully Fenced
  • Landscaped
  • Level Lot
  • Front and Back Yard Sprinklers
  • Property is zoned SF

Property Views

  • Woods
  • Mountain

Home Design

  • Brick or Stone Mason
  • Pitched Roof
  • Metal Roof
  • Stick Built Home

Interior Spaces

  • 2,339 Sq Ft Home
  • 2-Story Property
  • High Ceiling
  • Self Contained Fireplace Unit Or Insert
  • Double Pane Windows
  • Drapes & Rods
  • Blinds
  • Great Room
  • Living Room with Fireplace
  • Crawl Space

Kitchen

  • Built-In Oven
  • Gas Oven
  • Gas Cooktop
  • Dishwasher
  • ENERGY STAR Qualified Appliances
  • Disposal

Flooring

  • Wood
  • Carpet
  • Porcelain Tile

Bedrooms and Bathrooms

  • 4 Bedrooms
  • 2 Full Bathrooms

Laundry

  • Dryer
  • Washer

Home Security

  • Security System Leased
  • Smart Thermostat

Outdoor Features

  • Docks
  • Lake, Pond or Stream

Schools

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

Utilities

  • Heating System Uses Natural Gas
  • Electric Water Heater

Listing and Financial Details

  • Home warranty included in the sale of the property
  • Assessor Parcel Number 131810310009

Community Details

Overview

  • No Home Owners Association

Amenities

  • Common Area
  • No Laundry Facilities

Home Details

Home Type

Single Family

Est. Annual Taxes

$13,088

Year Built

Built in 1938

Lot Details

0

Listing Details

  • Year Built: 1938
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Horses: No
  • Co List Office Mls Id: 1940-o
  • Co List Office Phone: 775-588-4531
  • Directions: Hwy 50 to Emerald
  • Property Attached Yn: No
  • Special Features: None

Interior Features

  • Appliances: Dishwasher, Disposal, Dryer, ENERGY STAR Qualified Appliances, Gas Cooktop, Gas Range, Oven, Refrigerator, Washer
  • Flooring: Carpet, Porcelain, Wood
  • Full Bathrooms: 2
  • Total Bedrooms: 4
  • Fireplace Features: Insert
  • Fireplaces: 1
  • Interior Amenities: High Ceilings, Smart Thermostat
  • Window Features: Blinds, Double Pane Windows, Drapes, Rods, Single Pane Windows

Exterior Features

  • Exterior Features: None
  • Roof: Metal, Pitched
  • Stories: 2
  • View: Mountain(s), Trees/Woods
  • Waterfront: Yes
  • Construction Type: Stone
  • Foundation Details: Crawl Space

Garage/Parking

  • Parking Features: None

Utilities

  • Utilities: Electricity Available, Natural Gas Available, Water Available
  • Water Source: Public
  • Laundry Features: None
  • Heating Yn: Yes

Schools

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

Lot Info

  • Parcel Number: 131810310009
  • Fencing: Full
  • Lot Size Sq Ft: 17424.0
  • Zoning: SF

Tax Info

  • Tax Annual Amount: 13088.12

MLS Schools

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

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Oct 6, 2023
Sold by
Zephyr Cove Property Owners Association
Bought by
Muller Family Trust and Muller
Total Days on Market
8
Current Estimated Value
$4,847,352

Purchase Details

Listed on
May 24, 2022
Closed on
Jun 8, 2022
Sold by
716 Lincoln Llc
Bought by
Muller Family Trust
Seller's Agent
Craig Zager
Coldwell Banker Select ZC
Buyer's Agent
Craig Zager
Coldwell Banker Select ZC
List Price
$8,600,000
Sold Price
$8,600,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
-17.14%

Purchase Details

Closed on
Sep 3, 2019
Sold by
Schulz Partners Llc
Bought by
716 Lincoln Llc

Purchase Details

Closed on
Dec 29, 2006
Sold by
Schulz Donald M and Schulz Kathleen E
Bought by
Schulz Partners Llc

Purchase Details

Closed on
Dec 12, 2006
Sold by
Schulz Donald M and Schulz Kathleen E
Bought by
Schulz Donald M and Schulz Kathleen E
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Muller Family Trust $1,000 None Listed On Document
Muller Family Trust $8,600,000 First Centennial Title
716 Lincoln Llc $4,250,000 First Centennial Reno
Schulz Partners Llc -- None Available
Schulz Donald M -- None Available
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Schulz Donald M $500,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/09/2022 06/09/22 Sold $8,600,000 0.0% $3,677 / Sq Ft
06/01/2022 06/01/22 Pending -- -- --
05/24/2022 05/24/22 For Sale $8,600,000 -- $3,677 / Sq Ft
Source: Northern Nevada Regional MLS

Tax History Compared to Growth

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 $16,981 $1,011,291 $966,000 $45,291
2024 $15,519 $1,010,566 $966,000 $44,566
2023 $15,519 $1,006,366 $966,000 $40,366
2022 $14,142 $916,284 $879,200 $37,084
2021 $13,088 $835,429 $800,800 $34,629
2020 $12,669 $834,096 $800,800 $33,296
2019 $12,238 $823,791 $791,700 $32,091
2018 $11,838 $713,096 $682,500 $30,596
2017 $11,505 $712,599 $682,500 $30,099
2016 $11,222 $580,353 $551,250 $29,103
2015 $11,133 $580,353 $551,250 $29,103
2014 $10,751 $446,690 $420,000 $26,690
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northern Nevada Regional MLS

MLS Number: 220007255

Northern Nevada Regional MLS

APN: 1318-10-310-009