Marla Bay’s historic lakeside homes and Pinewild’s gated beachfront townhomes sit side by side in Zephyr Cove. See every sale since 2023, lakefront prices, beach access and rules.
Zephyr Cove, Nevada · 89448 · Neighborhood guide
Marla Bay and Pinewild sit side by side on the lake side of Highway 50 in Zephyr Cove, on Lake Tahoe’s Nevada shore between Zephyr Point and Round Hill Pines Beach. Marla Bay is a historic enclave of about 116 homes, 26 of them on the water, whose owners can join a voluntary association that holds the community beach and runs a seasonal buoy field. Pinewild is a gated community of 135 townhomes built in 1974 and 1980 with its own private beach and pier.
Since January 2023, 18 Marla Bay homes have sold at a median of $1,750,000 and 15 Pinewild townhomes at a median of $1,800,000. This guide covers every one of those sales, including six recorded only by Douglas County, plus the lakefront premium, beach and buoy access, HOA and rental rules, taxes and drive times. Every figure is dated and sourced.
By Cole Mizak, Lake Tahoe REALTOR® · Compass · Updated October 23, 2026
$1,750,000
Median Marla Bay home since 2023
$1,800,000
Median Pinewild townhome since 2023
11
Sales, 2026 to Oct. 23
26
Marla Bay homes on the water
Home and townhome sales from January 1, 2023, to October 23, 2026. Sources: Northern Nevada Regional MLS and Douglas County Assessor; lakefront count from the county parcel map.
| Topic | Details |
|---|---|
| Location | Lake side of U.S. Highway 50 in Zephyr Cove, between Zephyr Point and Round Hill Pines Beach; unincorporated Douglas County, Nevada, ZIP 89448 |
| Marla Bay | About 116 homes and 3 vacant lots on Lake Shore Boulevard, Freel Drive, Pharris Lane, Tallac Drive, Marla Lane and Job Lane. Median home built in 1959; median lot 0.18 acre; about 26 homes on the water |
| Pinewild | 135 townhomes at 600 Highway 50 in two phases: Pinewild #1 (51 units, 1974) and Pinewild #2 (84 units, 1980–81); 1,144 to 2,672 sq. ft. |
| Elevation | About 6,239 to 6,310 feet, just above the lake’s 6,225 feet |
| Sales since 2023 | Marla Bay: 18 homes, $1,050,000 to $9,600,000. Pinewild: 15 townhomes, $1,000,000 to $4,500,000 |
| 2026 so far | 8 Marla Bay homes (median $1,687,500) and three Pinewild townhomes (median $1,600,000) through October 23 |
| For sale now | Two Marla Bay homes, one of them lakefront, priced at $2,499,000 and $6,495,000; one Pinewild townhome under contract (Oct. 23, 2026) |
| Lake access | Marla Bay: community beach and seasonal buoy field through the voluntary Marla Bay Protective Association. Pinewild: private beach and pier for owners. Round Hill Pines Beach (public) next door |
| Property tax | $2.8611 (Marla Bay GID) and $3.4035 (Pinewild, Round Hill GID) per $100 of assessed value, 2025–26 |
| Vacation rentals | Douglas County permit required; Marla Bay 15 of 17 permits used, Pinewild full (20 of 20) in October 2026 |
| Schools | Zephyr Cove Elementary and George Whittell High School (Douglas County School District) |
| Getting around | Zephyr Cove Resort 1.5 mi · 4 min; Safeway 1.4 mi · 4 min; Stateline casinos 3.4 mi · 7 min (from Marla Bay) |
Market data · Updated October 23, 2026
Marla Bay prices split in two. The four lakefront homes that sold since 2023, all on Lake Shore Boulevard, brought $5.8 million to $9.6 million, while the 14 homes off the water sold for $1,050,000 to $2,632,000, a median of $1,662,500. 2026 is Marla Bay’s busiest year since 2023: 8 sales through October 23, against four in the same months of 2025.
Pinewild trades more slowly. 15 townhomes sold since 2023 at a median of $1,800,000 and an average of $1,138 per square foot. The two biggest sales were large Pinewild #2 units: #135 at $4,500,000 in June 2025, which sold in 18 days for more than its asking price, and #108 at $4,450,000 in January 2024, recorded only by the county.
| Year | Sales | Median price | Average price | Price range | Avg. $ / sq. ft. | Median days on market | Avg. sold / original list |
|---|---|---|---|---|---|---|---|
| 2026 (to Oct. 23, 2026) | 8 | $1,687,500 | $2,722,125 | $1.22M–$5.85M | $1,355 | 72 | 89.7% |
| 2025 | 4 | $2,387,500 | $3,316,250 | $1.90M–$6.59M | $1,785 | 68 | 91.3% |
| 2024 | 3 | $1,113,000 | $3,921,000 | $1.05M–$9.60M | $1,629 | 119 | 77.5% |
| 2023 | 3 | $1,600,000 | $1,550,000 | $1.25M–$1.80M | $1,016 | 149 | 84.7% |
| All years | 18 | $1,750,000 | $2,858,611 | $1.05M–$9.60M | $1,445 | 101 | 86.5% |
| Year | Sales | Median price | Average price | Price range | Avg. $ / sq. ft. | Median days on market | Avg. sold / original list |
|---|---|---|---|---|---|---|---|
| 2026 (to Oct. 23, 2026) | 3 | $1,600,000 | $1,513,333 | $1.09M–$1.85M | $1,021 | 246 | 84.5% |
| 2025 | 4 | $1,694,000 | $2,265,750 | $1.18M–$4.50M | $1,215 | 122 | 95.9% |
| 2024 | 5 | $2,295,000 | $2,488,000 | $1.40M–$4.45M | $1,245 | 45 | 95.2% |
| 2023 | 3 | $1,310,000 | $1,636,667 | $1.00M–$2.60M | $973 | 379 | 88.7% |
| All years | 15 | $1,800,000 | $2,063,533 | $1.00M–$4.50M | $1,138 | 222 | 92.0% |
Average price per square foot is the mean of each sale’s price per square foot. Days on market and list-price figures cover MLS sales only; sales recorded only by Douglas County count in prices. See the notes under Recent sales.
654 Lake Shore Boulevard first listed at $13.9 million and sold for $9.6 million after 601 days. 628 Lake Shore Boulevard, priced closer to the market, sold in 27 days at 97% of its asking price.
Off the water, Marla Bay is a neighborhood of older cabins (median built 1959) a short walk from the sand. Buyers paid $1,031 per square foot on average for the location, and many remodel.
Pinewild’s MLS sales took a median of 222 days and averaged 92% of their original list price. Well-priced units still move quickly: #135 sold in 18 days and #59 in 45.
Six of the 33 sales here were recorded by Douglas County but never appeared in the Northern Nevada Regional MLS, including the $6.59 million sale of 612 Lake Shore Boulevard. Ask Cole about homes before they list.
Side by side
Marla Bay and Pinewild share a stretch of shore but sell to different buyers. Marla Bay is freestanding homes, from small cabins to lakefront houses; Pinewild is townhomes with an HOA that handles the exterior work. Pinewild #2, built later, has the larger units.
| Area | Homes or units | Sales since 2023 | Median price | Avg. $ / sq. ft. | Price range |
|---|---|---|---|---|---|
| Marla Bay, on the water | About 26 | 4 | $6,220,000 | $2,790 | $5.80M–$9.60M |
| Marla Bay, off the water | About 90 | 14 | $1,662,500 | $1,031 | $1.05M–$2.63M |
| Pinewild #1 (1974) | 51 | 8 | $1,391,500 | $1,023 | $1.09M–$2.50M |
| Pinewild #2 (1980–81) | 84 | 7 | $2,295,000 | $1,269 | $1.00M–$4.50M |
Lakefront means the parcel touches the shoreline on Douglas County’s parcel map. Housing counts are from Douglas County Assessor records. Price per square foot leaves out 625 Lake Shore Boulevard, a 488 sq. ft. cabin that sold on its land value.
Buyers who want a freestanding Tahoe cabin or lakefront home, a garage and yard, and are happy to manage their own maintenance.
Lock-and-leave owners who want the beach and pier at the door and an HOA that handles exteriors, landscaping and snow; check the dues, reserves and rules.
Closed sales · January 2023 to Oct. 23, 2026
Every Marla Bay home sale and Pinewild townhome sale since January 2023, newest first: 33 sales, 27 from the Northern Nevada Regional MLS and six recorded only by Douglas County. Lakefront Marla Bay homes are labeled.
As of October 23, 2026, two Marla Bay homes are for sale, one of them on the lakefront, priced at $2,499,000 and $6,495,000. No Pinewild townhome is listed, and one is under contract at a list price of $959,000. See the current listings below this guide, or ask Cole about homes that may sell before they reach the market.
| Address | Closed | Sold price | Beds / baths | Sq. ft. | Lot (acres) | Built | $ / sq. ft. | Days on market | % of original list |
|---|---|---|---|---|---|---|---|---|---|
| 2026 | |||||||||
| 613 Freel Drive† | Oct 16, 2026 | $1,650,000 | — | 2,028 | 0.09 | 1956 | $814 | — | — |
| 616 Lake Shore Boulevard (lakefront) | Aug 28, 2026 | $5,850,000 | 5 / 4 | 3,084 | 0.22 | 1940 | $1,897 | 149 | 83.6% |
| 622 Freel Drive | Jul 31, 2026 | $2,632,000 | 4 / 3 | 2,369 | 0.22 | 1993 | $1,111 | 91 | 92.4% |
| 589 Freel Drive | Jul 24, 2026 | $1,220,000 | 2 / 2 | 1,130 | 0.11 | 1945 | $1,080 | 64 | 76.2% |
| 185 Tallac Drive | Jun 12, 2026 | $1,700,000 | 4 / 2 | 1,824 | 0.18 | 1972 | $932 | 72 | 91.9% |
| 611 Freel Drive | May 27, 2026 | $1,250,000 | 3 / 3 | 1,188 | 0.14 | 1959 | $1,052 | 20 | 96.5% |
| 628 Lake Shore Boulevard (lakefront) | May 6, 2026 | $5,800,000 | 5 / 4 | 2,232 | 0.15 | 1934 | $2,599 | 27 | 96.7% |
| 625 Lake Shore Boulevard | Mar 11, 2026 | $1,675,000 | 2 / 1 | 488 | 0.24 | — | — | 145 | 90.5% |
| 2025 | |||||||||
| 622 Freel Drive | Sep 26, 2025 | $2,525,000 | 4 / 3 | 2,369 | 0.22 | 1993 | $1,066 | 68 | 92.7% |
| 612 Lake Shore Boulevard† (lakefront) | Sep 5, 2025 | $6,590,000 | — | 1,999 | 0.22 | 1938 | $3,297 | — | — |
| 625 Freel Drive* | Jul 21, 2025 | $2,250,000 | 4 / 3 | 2,266 | 0.16 | 2006 | $993 | — | 90% |
| 616 Pharris Lane† | May 29, 2025 | $1,900,000 | — | 1,065 | 0.15 | 1951 | $1,784 | — | — |
| 2024 | |||||||||
| 588 Pharris Lane | Nov 14, 2024 | $1,050,000 | 3 / 3 | 1,404 | 0.07 | 1955 | $748 | 110 | 84% |
| 654 Lake Shore Boulevard (lakefront) | Sep 16, 2024 | $9,600,000 | 5 / 5 | 2,850 | 0.26 | 1972 | $3,368 | 601 | 69.1% |
| 190 Tallac Drive | May 17, 2024 | $1,113,000 | 3 / 2 | 1,442 | 0.10 | 1946 | $772 | 119 | 79.5% |
| 2023 | |||||||||
| 643 Lake Shore Boulevard | Aug 1, 2023 | $1,600,000 | 3 / 2 | 1,423 | 0.17 | 1936 | $1,124 | 305 | 64.3% |
| 617 Freel Drive | Jul 10, 2023 | $1,800,000 | 3 / 3 | 1,453 | 0.19 | 1940 | $1,239 | 149 | 93.5% |
| 185 Tallac Drive | Jan 20, 2023 | $1,250,000 | 4 / 2 | 1,824 | 0.18 | 1972 | $685 | 24 | 96.2% |
| Address | Closed | Sold price | Beds / baths | Sq. ft. | Built | $ / sq. ft. | Days on market | % of original list |
|---|---|---|---|---|---|---|---|---|
| 2026 | ||||||||
| 600 Highway 50 #25 | Aug 27, 2026 | $1,090,000 | 2 / 2 | 1,144 | 1974 | $953 | 259 | 89% |
| 600 Highway 50 #74† | May 15, 2026 | $1,850,000 | — | 1,760 | 1980 | $1,051 | — | — |
| 600 Highway 50 #60 | Feb 17, 2026 | $1,600,000 | 3 / 3 | 1,510 | 1980 | $1,060 | 232 | 80.1% |
| 2025 | ||||||||
| 600 Highway 50 #43 | Nov 24, 2025 | $2,000,000 | 3 / 3 | 1,843 | 1974 | $1,085 | 187 | 85.1% |
| 600 Highway 50 #41 | Aug 15, 2025 | $1,388,000 | 3 / 3 | 1,440 | 1974 | $964 | 316 | 94.1% |
| 600 Highway 50 #135 | Jun 27, 2025 | $4,500,000 | 4 / 4 | 2,522 | 1980 | $1,784 | 18 | 105.9% |
| 600 Highway 50 #23 | Mar 18, 2025 | $1,175,000 | 2 / 2 | 1,144 | 1974 | $1,027 | 57 | 98.3% |
| 2024 | ||||||||
| 600 Highway 50 #36 | Dec 23, 2024 | $1,800,000 | 3 / 3 | 1,760 | 1974 | $1,023 | 212 | 85.7% |
| 600 Highway 50 #7† | Nov 26, 2024 | $2,500,000 | — | 1,988 | 1974 | $1,258 | — | — |
| 600 Highway 50 #20 | Jul 2, 2024 | $1,395,000 | 3 / 3 | 1,440 | 1974 | $969 | 32 | 100% |
| 600 Highway 50 #59 | Mar 25, 2024 | $2,295,000 | 3 / 3 | 1,748 | 1980 | $1,313 | 45 | 100% |
| 600 Highway 50 #108† | Jan 17, 2024 | $4,450,000 | — | 2,672 | 1980 | $1,665 | — | — |
| 2023 | ||||||||
| 600 Highway 50 #15 | Oct 18, 2023 | $1,310,000 | 3 / 3 | 1,440 | 1974 | $910 | 475 | 93.9% |
| 600 Highway 50 #60 | Jun 13, 2023 | $1,000,000 | 3 / 3 | 1,440 | 1980 | $694 | 379 | 90.9% |
| 600 Highway 50 #121 | Mar 30, 2023 | $2,600,000 | 3 / 3 | 1,976 | 1981 | $1,316 | 305 | 81.2% |
*No days on market recorded in the MLS (0 or blank), which usually means the home sold with little or no public marketing. †Recorded by Douglas County but not found in the Northern Nevada Regional MLS, so days on market, beds, baths and list price are unknown; square footage is the county’s. 625 Lake Shore Boulevard (488 sq. ft.) is left out of price-per-square-foot figures because it sold on its land value. Measurements are approximate. Sales include transactions by all brokerages, and inclusion does not imply Cole Mizak represented the buyer or seller. Sources: Northern Nevada Regional MLS; Douglas County Assessor for sale dates, year built, lot sizes and county-recorded sales; information deemed reliable but not guaranteed.
Price guide
Below $1.5 million, the choice is a Pinewild townhome or a small Marla Bay cabin. Between $1.5 million and $3 million, larger units and updated homes. Above $5 million, it is Marla Bay’s lakefront, and nothing in either community sold between $4.5 million and $5.8 million since 2023.
11 sales · median $1,220,000
Pinewild’s two- and three-bedroom townhomes of about 1,150 to 1,450 square feet, and Marla Bay’s smallest original cabins on Tallac Drive, Pharris Lane and Freel Drive.
9 sales · median $1,700,000
Larger Pinewild units and Marla Bay cabins off the water, including homes on the inland side of Lake Shore Boulevard.
7 sales · median $2,500,000
Updated or newer Marla Bay homes on Freel Drive and Pinewild’s larger townhomes.
2 sales · median $4,475,000
Pinewild’s largest units, about 2,500 to 2,700 square feet. No Marla Bay home sold in this range since 2023.
4 sales · median $6,220,000
Marla Bay’s lakefront row on Lake Shore Boulevard: every sale here was on the water.
Marla Bay lots are small, a median of 0.18 acre, and Tahoe Regional Planning Agency coverage limits cap how much of each lot a house and driveway can cover. Verify the allowable coverage before you buy a cabin to expand.
Pinewild’s HOA dues pay for shared upkeep such as the beach, pier, grounds and exteriors. Before you write an offer, review the budget, reserve study, any planned special assessments and the rental rules.
Lifestyle & location
Marla Bay and Pinewild are Zephyr Cove’s beach neighborhoods: most homes are a few minutes’ walk from the sand, and Round Hill Pines Beach is just south. Zephyr Cove Resort is 1.5 mi · 4 min north, and the Round Hill shopping center, with Safeway and the post office, 1.4 mi · 4 min south.
| Beach | What it is | Who can use it |
|---|---|---|
| Marla Bay beach & buoy field | Sand beach in front of the community; the Marla Bay Protective Association owns the beach between the high- and low-water lines, and lakefront owners own to high water. Seasonal buoy field by annual application | Marla Bay owners and guests; buoys for association members |
| Pinewild beach & pier | Private sandy beach and pier | Pinewild owners and guests (HOA) |
| Round Hill Pines Beach & Marina | Public beach, marina and rentals just south | Public; fee · 0.8 mi · 3 min |
| Zephyr Cove Resort | Long sandy beach, marina and the M.S. Dixie II paddlewheeler | Public; parking fee · 1.5 mi · 4 min |
| Nevada Beach | U.S. Forest Service beach and campground | Public; fee · 1.9 mi · 4 min |
Beach and buoy rights come with the association, HOA or deed, not the ZIP code. In Marla Bay, the lakefront owners’ beach and the association’s beach meet at the high-water line (about 6,229 feet); read the association’s beach ownership notes and confirm access, dues and buoy rules for any address before you write an offer.
| Destination | Route | Driving from Marla Bay | Driving from Pinewild |
|---|---|---|---|
| Zephyr Cove Resort beach | Highway 50 | 1.5 mi · 4 min | 1.3 mi · 3 min |
| Round Hill Pines Beach | Highway 50 | 1 mi · 3 min | 0.8 mi · 3 min |
| Nevada Beach | Elks Point Rd. | 2.1 mi · 5 min | 1.9 mi · 4 min |
| Safeway (Round Hill shopping center) | Elks Point Rd. & Highway 50 | 1.4 mi · 4 min | 1.2 mi · 3 min |
| Zephyr Cove Elementary & Whittell High | Warrior Way | 1.8 mi · 4 min | 1.6 mi · 3 min |
| Cave Rock boat launch | Highway 50 | 4.1 mi · 9 min | 3.9 mi · 8 min |
| Stateline casinos | Highway 50 | 3.4 mi · 7 min | 3.2 mi · 7 min |
| Edgewood Tahoe golf course | Lake Pkwy., Stateline | 3.5 mi · 8 min | 3.3 mi · 7 min |
| Heavenly Mountain Resort (Stagecoach Lodge) | via Kingsbury Grade | 7.4 mi · 18 min | 7.2 mi · 17 min |
| Barton Memorial Hospital (emergency room) | South Lake Tahoe, CA | 8.4 mi · 18 min | 8.2 mi · 17 min |
| Incline Village | Highway 50 & SR 28 | 21.6 mi · 38 min | 21.4 mi · 37 min |
| Carson City | via Spooner Summit | 22.5 mi · 38 min | 22.3 mi · 37 min |
| Minden-Tahoe Airport (private aviation) | via Kingsbury Grade | 24.1 mi · 42 min | 23.9 mi · 41 min |
| Reno-Tahoe International Airport (RNO) | via Carson City & I-580 | 52 mi · 1 hr 12 min | 52 mi · 1 hr 11 min |
| San Francisco, CA | via Highway 50 & I-80 | 194 mi · 4 hr | 194 mi · 4 hr |
Distances follow driving routes on OpenStreetMap data from the middle of the neighborhood, without traffic. Highway 50 over Spooner Summit and Kingsbury Grade (SR 207) both climb above 7,000 feet, so allow extra time and carry chains in winter.
John Marley, a native of England, claimed 160 acres around the bay in 1864 and raised hay and potatoes for travelers on the old toll road, according to E.B. Scott’s The Saga of Lake Tahoe. His name stayed on the cove, shortened over the years to Marla. Zephyr Cove Properties began developing Zephyr Cove and Marla Bay in 1923.
The Marla Bay Protective Association, founded in 1946, is a voluntary owners’ group (not an HOA): $200 a year per property, which lets members apply for a buoy and pays for summer beach cleanup and holiday security at the entrance. The elected Marla Bay General Improvement District maintains streets, drainage, street lighting and gates.
Residents recall television crews filming the western Bonanza in the meadow where Pinewild now stands in the 1960s, according to the Marla Bay Protective Association’s history page.
Safeway is 1.2 mi · 3 min from Pinewild, Zephyr Cove Elementary and Whittell High 1.6 mi · 3 min, the Stateline casinos 3.2 mi · 7 min and Heavenly’s Stagecoach Lodge 7.2 mi · 17 min. Barton Memorial Hospital’s emergency room in South Lake Tahoe is 8.2 mi · 17 min.
Homes here are in the Douglas County School District: Zephyr Cove Elementary and George Whittell High School, which also serves the middle grades, both on Warrior Way in Zephyr Cove. Kingsbury Middle School closed in 2008, and its students moved to those two schools. Confirm school assignments and grade ranges for any address with the district.
View Pinewild & Marla Bay on Google MapsOwnership costs & rules · Last verified October 23, 2026
Marla Bay and Pinewild sit in different tax districts: Marla Bay homes pay the Marla Bay GID rate, and Pinewild pays the Round Hill GID rate. Pinewild owners also pay HOA dues; Marla Bay’s association dues are voluntary.
| Topic | What to know |
|---|---|
| State income tax | None. Nevada has no personal income tax on wages, retirement income or capital gains, the main draw for buyers coming from California. |
| Property tax | $2.8611 to $3.4035 per $100 of assessed value for 2025–26 (Marla Bay GID, Round Hill GID). Assessed value is 35% of the county’s taxable value (land plus depreciated replacement cost), which usually sits well below market value, so the tax on $1 million of taxable value is about $10,014 to $11,912 before caps. Annual increases are capped at 3% for a primary residence (file the claim with the Douglas County Assessor) and up to 8% for other homes. |
| Marla Bay GID & association | The Marla Bay General Improvement District maintains streets, drainage, lighting and gates, funded through the property tax bill. The Marla Bay Protective Association is voluntary ($200 a year); it owns the community beach and runs the buoy field. |
| Pinewild HOA | The homeowners’ association owns the common areas, beach and pier and maintains the grounds and exteriors. Review dues, reserves, insurance and rental rules for any unit. |
| Vacation rentals | Stays of 28 days or less need a Douglas County vacation home rental (VHR) permit (County Code Chapter 20.622), and the Lake Tahoe Township is capped at 600. In October 2026, Marla Bay had 2 of its 17 permits open and Pinewild was full (20 of 20 permits issued, waitlist only). A seller’s permit doesn’t carry over, so plan to apply in your own name, and check Pinewild’s HOA rules first. |
| Remodels & TRPA | The Tahoe Regional Planning Agency limits how much of each parcel can be covered by buildings and paving. Additions and rebuilds also need Douglas County permits, and every parcel must keep erosion-control best management practices (BMPs). Verify allowable coverage before you buy a fixer. |
| Wildfire & insurance | The East Shore sits in the wildland-urban interface. Tahoe Douglas Fire Protection District inspects defensible space, and insurers increasingly price coverage on it, so get quotes early in escrow. |
| Winter & upkeep | Budget for snow removal from driveways and decks, roof and deck upkeep, heating, and a property manager if the home sits empty for stretches. Utilities: Southwest Gas, NV Energy and Douglas Disposal; water and sewer come from the local district or Douglas County Utilities, depending on the address. |
Tax rates from the Nevada Department of Taxation’s FY 2025–26 Red Book, the latest posted on Oct. 23, 2026; each includes the state, Douglas County, school district, Tahoe Douglas Fire and district levies. Vacation-rental counts from Douglas County’s VHR neighborhood map and permit layer, viewed Oct. 23, 2026. Tax caps are set under NRS 361.4723. Rules and fees change; confirm current figures with the Douglas County Assessor, the county’s VHR program and TRPA. This is general information, not tax, legal or insurance advice.
Buyer & seller questions
On the lake side of U.S. Highway 50 in Zephyr Cove, Nevada, on Lake Tahoe’s East Shore between Zephyr Point and Round Hill Pines Beach. Zephyr Cove Resort is 1.5 mi · 4 min north and the Stateline casinos 3.4 mi · 7 min south. Both have Zephyr Cove, NV 89448 addresses.
18 Marla Bay homes sold from January 2023 to October 23, 2026, for $1,050,000 to $9,600,000, at a median of $1,750,000. Off the water, the median was $1,662,500; the four lakefront sales ranged from $5,800,000 to $9,600,000. In 2026, 8 homes sold through October 23 at a median of $1,687,500.
15 Pinewild townhomes sold from January 2023 to October 23, 2026, for $1,000,000 to $4,500,000, at a median of $1,800,000 and an average of $1,138 per square foot. Units run from about 1,144 to 2,672 square feet.
A gated community of 135 townhomes at 600 Highway 50 in Zephyr Cove, built in two phases: Pinewild #1 (51 units, 1974) and Pinewild #2 (84 units, 1980–81). Owners share a private beach and pier, and the homeowners’ association maintains the grounds and exteriors.
About 26 of Marla Bay’s 116 homes sit on the water, along Lake Shore Boulevard. Four sold since 2023, for $5.8 million to $9.6 million, and one was listed for sale on October 23, 2026.
Yes. The Marla Bay Protective Association owns the community beach between the high- and low-water lines, and the lakefront homes own the sand in front of them down to high water. Owners and guests use the beach under the association’s guidelines, and members can apply each spring for a buoy in the seasonal buoy field.
No. The Marla Bay Protective Association, founded in 1946, is voluntary, with a $200 annual membership per property. Streets, drainage, lighting and gates are maintained by the Marla Bay General Improvement District, which is funded through property taxes. Pinewild, by contrast, has a homeowners’ association with dues.
Only with a Douglas County vacation home rental permit for stays of 28 days or less. In October 2026, Marla Bay had 2 of its 17 permits open and Pinewild was full (20 of 20 permits issued, waitlist only). Pinewild’s HOA rules also apply. Read the Lake Tahoe short-term rental guide.
Nevada has no state income tax. The 2025–26 property tax rate in Pinewild and Marla Bay is $2.8611 to $3.4035 per $100 of assessed value (Marla Bay GID, Round Hill GID). Marla Bay homes pay the Marla Bay GID rate; Pinewild pays the Round Hill GID rate, plus HOA dues. Assessed value is 35% of the county’s taxable value, which is usually well below market value, and annual increases are capped at 3% for a primary residence and up to 8% for other homes. Incline Village’s 2026–27 rate, for comparison, is $3.5211.
From John Marley, an Englishman who claimed 160 acres around the bay in 1864. His name stayed on the cove, shortened over the years to Marla, according to E.B. Scott’s 1957 history The Saga of Lake Tahoe.
Zephyr Cove Elementary and George Whittell High School, which also teaches the middle grades, both in the Douglas County School District and both on Warrior Way in Zephyr Cove. Confirm the school assignment for a specific address with the district.
Driving without traffic from Pinewild, the Stateline casinos are 3.2 mi · 7 min, Heavenly’s Stagecoach Lodge 7.2 mi · 17 min and Reno-Tahoe International Airport 52 mi · 1 hr 11 min. Carson City is 22.3 mi · 37 min over Spooner Summit.
Marla Bay demand is the strongest since 2023, with 8 sales through October 23 and only two homes for sale on October 23, 2026. Pinewild buyers are more price-sensitive, so the launch price matters. Request a free home valuation from Cole.
Compare neighborhoods
Marla Bay and Pinewild are two of six neighborhoods in the Zephyr Cove area. The Zephyr Cove guide compares them all; each guide below has its own sales, prices and buyer tips.
Cole Mizak is a longtime Lake Tahoe local and the founder of the Mizak Mountain Luxury Team at Compass, #1 in Incline Village by total transactions, January–September 2026 (Incline Village REALTORS® MLS), and works across the Nevada shore, including Zephyr Cove, where Cole listed and sold 733 Lakeview Drive in December 2025. Ask Cole for a private tour, a Marla Bay or Pinewild price analysis, a beach-rights, HOA and rental-permit check on any address, or early access to homes that sell off-market.
Request listings & off-market homesGet your home’s value(775) 225-2549 · [email protected]
Cole Mizak · Compass · Mizak Mountain Luxury Team · 110 Country Club Dr., #1, Incline Village, NV 89451
NV RED: S.0179606 | CA DRE: 02126888
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Cole’s mission is to elevate the real estate experience for his clients. He is a long-time Lake Tahoe local and luxury home expert who has developed innovative strategies to provide his clients with an unmatched, bespoke level of service, attention, and support.
