$715,000 Active
295 Nevada Road
Markleeville, CA 96120
STR Status Unknown
3 Beds
·
2.5 Baths
·
2,148 Sq Ft

About This Property

Nestled within peaceful Alpine County, this custom-built mountain retreat offers the perfect blend of privacy, comfort, and natural beauty. Built in 1998 and situated on 2.08 serene acres, this well-maintained home features 2,148 square feet of living space with 3 bedrooms, 2.5 bathrooms, 2-car garage, workshop, and greenhouse for gardening enthusiasts. The thoughtfully designed kitchen features granite countertops, white oak cabinetry, hard wood flooring, stainless steel appliances, and convenient access to the dining area, ideal for everyday living and entertaining. The spacious great room showcases stunning mountain views, coffered ceilings, and a beautiful rock fireplace with an efficient pellet stove to keep the home warm during the cooler months. Coffered ceilings continue throughout the entry, dining area, and primary suite, adding character and craftsmanship throughout the home. The primary suite is a private retreat, offering picturesque valley views, soaking tub, and custom tiled shower. Outside, the property has been thoughtfully landscaped with mature trees and shrubs on a drip irrigation system, a tranquil koi pond, vegetable garden, and a wraparound Trex deck perfect for enjoying the surrounding mountain scenery. oy the outdoors. Conveniently located just 30 minutes from Kirkwood Ski Resort and a short drive to South Lake Tahoe, outdoor recreation is always within reach, including hiking and walking trails, lake and river fishing, and miles of scenic cycling routes.

Listed by John Reardon — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260008263
Days on Market 1
Price/Sq Ft $333

Property History

Jun 26, 2026
Listed for sale
$715,000
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,148
Lot Size 2.08 acres
Stories 1
Year Built 1998
Property Type Single Family Residence
APN 001-260-020-000
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony, Rain Gutters
Lot Features Corner Lot, Landscaped, Level, Sloped Down, Wooded, Other
View City, Desert, Mountain(s), Peek, Trees/Woods, Valley
Construction Brick, Frame
Roof Composition, Pitched
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Fireplace(s), Forced Air, Pellet Stove, Propane
Cooling Central Air
Financial
Annual Tax $4,291
Schools
Elementary School Diamond Valley
Middle School Diamond Valley
High School Douglas
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Cost Segregation Tax Savings

Estimated first-year bonus depreciation savings

Estimated First-Year Tax Savings
$0
via bonus depreciation
Land Value
$0
Improvement Basis
$0
5-Year Property (18%)
$0
15-Year Property (10%)
$0
Estimates are for informational purposes only and do not constitute tax advice. Consult a qualified CPA or tax professional for your specific situation. Actual savings depend on individual tax circumstances.

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
From MLS listing data.
Home insurance
$0
Insurance estimate only — Tahoe wildfire-zone rates vary; get a local broker quote for accuracy.
Down payment
20% ($143,000)
Home price
$715,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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