Perched above Marla Bay and Zephyr Cove in the coveted Zephyr Heights community on the Nevada side of Lake Tahoe lies this beautifully remodeled, turnkey home. This property offers an extraordinary opportunity to build equity through a significant, pre-planned expansion. While the home is currently a beautifully remodeled sanctuary, it is sold with plans for a nine hundred seventeen-square-foot second-story addition and a spectacular rooftop deck, offering a clear path to transform the residence into a two thousand five hundred ninety-two-square-foot masterpiece (or over three thousand square feet with alternative designs). Though the previous Tahoe Regional Planning Agency and Douglas County permits from 2012 have expired, renewal is feasible as land coverage has already been verified by Tahoe Regional Planning Agency, drastically simplifying the development process. Offered fully furnished, the home borders United States Forest Service land on two sides, providing rare privacy and serene mountain views. The residence underwent a comprehensive 2013 remodel, transforming it into an open floor plan featuring a luxurious primary suite with a gas fireplace, walk-in closet, and a spa-like bathroom with heated travertine floors and a jetted tub. Unique custom touches include alder barn doors, Murphy bookshelf doors, and a versatile Murphy bed that converts into a desk. French doors open seamlessly to an expansive redwood deck equipped with a spa, natural gas grill, and fire table, overlooking a fenced, level front lawn and a gently sloping landscaped backyard. Located less than two miles from Zephyr Cove Resort and Round Hill Pines, and just a short drive from Heavenly Village and the Tahoe Blue Event Center, this home offers the ultimate blend of Nevada tax benefits, modern comfort, and future investment potential.