This rare vacant lot located in Zephyr Heights boasts a breathtaking panoramic lake view and comes with TRPA-approved plans for a brand-new mountain modern home. The home will span three levels of luxurious living, beginning with a dramatic street-level entrance that includes an elevator for ease of access. The main level will feature two spacious bedroom suites, a large great room with a cozy living area with fireplace, a powder bathroom, a fully equipped designer kitchen, and a convenient laundry room—each space designed to showcase the stunning southwest lake views. On the second level, two additional lake-view bedroom suites will provide the perfect private retreats, along with a versatile family/theatre/game room designed for relaxation and entertainment. The third level is dedicated to a separate bedroom suite, offering the potential for a lock-off design with private outside access—ideal for guests or as an independent living space. With its exceptional design and awe-inspiring views, this property is set to become the ultimate mountain retreat.
Active
$2,100,000
227 S Martin Dr, Zephyr Cove, NV 89448
--beds
--baths
9,147.6Square Feet
VacantLand
Built in ----
9,147.6 Square Feet Lot
$-- Zestimate®
$--/sqft
$-- HOA
What's special
Awe-inspiring viewsBreathtaking panoramic lake viewStunning southwest lake viewsDesigner kitchenSpacious bedroom suitesSeparate bedroom suiteAdditional lake-view bedroom suites
- 33 days
- on Zillow |
- 590 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: April 14, 2025 at 04:58pm
Listed by:
Craig Zager 775-901-4663,
Coldwell Banker Select ZC
Source: NNRMLS,MLS#: 250004253
Originating MLS: Sierra Nevada Association of Realtors

Travel times
Facts & features
Property
Features
- Fencing: None
- Has view: Yes
- View description: Lake, Mountain(s), Trees
- Has water view: Yes
- Water view: Lake
Lot
- Size: 9,147.6 Square Feet
- Topography: Downslope,Steep
- Residential vegetation: None
Details
- Parcel number: 131810417054
- Zoning: SF
- Special conditions: Standard
Utilities & green energy
- Sewer: City/County Available
- Water: City/County Available
- Utilities for property: Cable Connected, Electricity Connected, Natural Gas Connected
Community & HOA
Community
- Subdivision: NV
Location
- Region: Zephyr Cove
Financial & listing details
- Tax assessed value: $52,500
- Price range: $2.1M - $2.1M
- Date on market: 4/4/2025
- Date available: 04/04/2025
- Listing terms: Cash,Conventional,1031 Exchange
- Road surface type: Paved/Concrete
- Loading