$349,000 Active
1488 Douglas Avenue # 3
Gardnerville, NV 89410
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
2 Beds
·
1.5 Baths
·
960 Sq Ft

About This Property

Welcome to Cottonwood Cottages, conveniently located in the heart of Gardnerville. This well-maintained downtown condominium offers easy access to shopping, dining, parks, and everyday amenities. Featuring 2 bedrooms and 1.5 bathrooms, this move-in-ready home showcases numerous recent upgrades, including fresh interior and exterior paint and tasteful modern updates throughout. The remodeled kitchen features granite countertops, new cabinetry, recessed lighting, and updated fixtures. Additional improvements include new windows and a sliding glass door, updated window coverings, stylish light fixtures, and ceiling fans throughout. Durable laminate flooring enhances the living spaces, while the beautiful gas fireplace serves as a warm and inviting focal point, providing supplemental heat during the winter months. Enjoy a private back patio, perfect for relaxing or entertaining, along with the convenience of a covered carport. Combining comfort, style, and an outstanding in-town location, this exceptional property is ready to welcome its next owner.

Listed by Rachel Jones — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260007235
Price/Sq Ft $364

Property History

Jun 06, 2026
Listed for sale
$349,000
Property Overview
Beds 2
Baths 1.5
Sq. Ft. 960
Lot Size 0.01 acres
Stories 2
Year Built 1986
Property Type Townhouse
Subdivision Cottonwood Village
STR Jurisdiction Douglas County
APN 1320-32-713-003
Parking
Total Parking 2
Parking Features Additional Parking, Carport
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Level, Sprinklers In Front
View Park/Greenbelt
Roof Asphalt, Shingle
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1,213
HOA Fee $290 / Monthly
HOA / Community Cottonwood Village HOA
Schools
Elementary School Gardnerville
Middle School Carson Valley
High School Douglas
HOA & Community
Community Amenities Parking
📊

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% ($69,800)
Home price
$349,000
Loan details
30-yr fixed, 6.5%
Request a Tour
Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR

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