$4,950,000 Active
289 Gray Mill Court
Carson City, NV 89705
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
4 Beds
·
4.5 Baths
·
3,431 Sq Ft

About This Property

Set in one of the most prestigious locations within Clear Creek Tahoe, this inviting mountain cottage rests prominently on the first fairway of the golf course, capturing sweeping views of lush greens, dramatic Sierra peaks, and striking granite outcroppings. Designed to blend seamlessly with its surroundings, the exterior features native granite stone and rustic wood siding that reflect the natural beauty of the landscape. A charming courtyard entry leads into a warm, light-filled interior highlighted by vaulted ceilings, exposed wood beams, and a grand stone fireplace anchoring the great room. The open floor plan flows effortlessly to a spacious covered porch—perfect for entertaining or relaxing while overlooking the fairway. The lower level offers added flexibility with a family room, bunk room, and guest suite, ideal for hosting. Perfectly placed between the Clubhouse Campus and Summit Camp, this home sits at the heart of the community—where mornings might begin with a walk to the wellness center or spa, an afternoon on the tennis or pickleball courts, and warm summer days spent by the pool and waterslide with family and friends. Just beyond, the Pro Shop and clubhouse offer an easy gathering point, reinforcing the sense of connection that defines the lifestyle here. Within Clear Creek Tahoe, life unfolds across nearly 1,600 acres of unspoiled mountain terrain, anchored by Nevada's #1 private golf course. Residents also enjoy exclusive access to the Lake & Ski House on Lake Tahoe, along with convenient shuttle service to Heavenly Mountain Resort—creating a rare balance of mountain adventure, wellness, and refined resort living. Buyers are required to purchase a Social Membership at 150K initiation fee. Invitational Golf Memberships are also available.

Listed by Georgia Chase — Chase International - ZC

Listing Details

Status Active
MLS # 260006604
Price/Sq Ft $1,443

Property History

May 23, 2026
Listed for sale
$4,950,000
Property Overview
Beds 4
Baths 4.5
Sq. Ft. 3,431
Lot Size 0.33 acres
Stories 2
Year Built 2021
Property Type Single Family Residence
Subdivision Clear Creek Tahoe
APN 1419-03-002-067
Parking
Garage Spaces 2
Total Parking 5
Parking Features Additional Parking, Attached, Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit, Rain Gutters
Lot Features Cul-De-Sac, Gentle Sloping, Landscaped, Level, On Golf Course, Sloped Up
View Golf Course, Mountain(s), Park/Greenbelt, Trees/Woods
Construction Stone
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $15,610
HOA Fee $1,600 / Quarterly
HOA / Community CCTHOA
Schools
Elementary School Jacks Valley
Middle School Carson Valley
High School Douglas
HOA & Community
Community Amenities Clubhouse, Fitness Center, Gated, Golf Course, Management, Pool, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
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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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($990,000)
Home price
$4,950,000
Loan details
30-yr fixed, 6.5%
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