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$2,100,000
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Property Description
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. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging. Actual property condition may differ.
Full Property Details
Full Property Details for 227 S Martin
General
- Price: $2,100,000
- Taxes: $206
- Status: Active
- Type: Lots/Land
- Source: 2502
- MLS ID: 250004253
- Updated: 1/2/2026
- Added to Site: 91 day(s) ago
Location
- County: Douglas
- Subdivision: Zephyr Heights
- Driving Directions: Zephyr Heights Drive
School Information
- Elementary School: Zephyr Cove
- Middle School: Whittell High School - Grades 7 + 8
- High School: Whittell - Grades 9-12
Utilities
- Sewer: Public Sewer
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available
Lot Features
- Property View: Mountain(s), Trees/Woods
- Mountain views: Yes
- Lot Size (Acres): 0.21
- Lot Size (Sq. Ft.): 9,147.6
- Frontage: Other, Public Access
- Street/Road Desc.: Paved
- Lot Features: Sloped Down, Steep Slope, Corners Marked
- Development Status: Raw Land
- Zoning: SF
- Fencing (Description): None
Financial Considerations
- Tax Amount: $206.68
- Terms: 1031 Exchange, Cash, Conventional
Disclosures and Reports
- APN: 1318-10-417-054
Listed by Coldwell Banker Select ZC, Craig Zager (775) 901-4663
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Schools
Schools serving 227 S Martin
School District:Douglas County School District
| Name | Grades | Distance |
|---|---|---|
Zephyr Cove Elementary School 226 Warrior Way, Zephyr Cove, NV 89448 | PK-6 | 0.9 mi |
George Whittell High School 240 Warrior Way, Zephyr Cove, NV 89448 | 7-12 | 1.2 mi |
Douglas County High School 1670 Nevada 88, Minden, NV 89423 | 10-12 | 9.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 227 S Martin
Date
Details
Price
Change
Source
4/04/2025
Listed
$2,100,000
-22.22%
MLS
10/24/2019
Sold
$2,700,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 227 S Martin
Year
Property Taxes
Change
Tax Assessment
Change
2025
$218
5%
$52,500
—
2024
$207
21%
$52,500
—
2023
$171
53%
$52,500
1400%
2021
$112
-18%
$3,500
-90%
2022
$136
24%
$35,000
900%
2020
$110
—
$3,500
—
2019
$110
-1%
$3,500
—
2017
$111
1%
$3,500
—
2016
$110
—
$3,500
—
2015
$110
—
$3,500
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 227 S Martin
227 S Martin, Zephyr Cove, NV 89448 (MLS# 250004253) is a Lots/Land property with a lot size of 0.21 acres. 227 S Martin is currently listed for $2,100,000 and was received on January 02, 2026. Want to learn more about 227 S Martin? Do you have questions about finding other Lots/Land real estate for sale in Zephyr Cove? You can browse all Zephyr Cove real estate or contact a Coldwell Banker agent to request more information.

