$2,495,000 Active
281 Sierra Country Circle
Gardnerville, NV 89460
✓ STR Allowed — Permit Required
Douglas County NV STR permit required — the county allots only about 600 permits and availability is hit-and-miss, so expect a possible waitlist. Check HOA rules too — many communities in this area restrict short-term rentals.
4 Beds
·
3.0 Baths
·
4,108 Sq Ft

About This Property

Location, location, location! Experience unparalleled mountain living in this custom-built home nestled in the prestigious Sierra Country Estates, one of the most beautiful foothill neighborhoods. This stunning residence is approximately 4,108 square feet of living space (not including a spacious 1,803 sq ft finished basement that is perfect for a separate living quarters), 4 bedrooms, and 3 bathrooms on a generous 1.57-acre lot. Built in 2003, it features a 4-car attached garage and offers breathtaking panoramic views of Jobs Peak and the surrounding Carson Valley. This move in ready home has fresh interior paint, new carpet in all areas, updated lighting and more! Step inside to dramatic cathedral ceilings with exposed beams that define the expansive living room, open feel perfect for entertaining or relaxing. Highlights include a gorgeous covered back patio with spa, overlooking private pond and open space, an upstairs mini bar, and a versatile bonus room with direct access to a balcony and view deck for enjoying those sweeping mountain vistas. The fully finished basement provides excellent flexibility as a private mother-in-law suite or second living space, complete with its own private entrance and dedicated one-car garage for added convenience and privacy. The Location is perfect: Just 20 minutes to the ski lifts and about 25 minutes to the Lake Tahoe basin, this home perfectly balances serene foothill living with easy access to world-class recreation, shopping, and dining. This remarkable property is a rare opportunity to own a custom foothill retreat, thoughtful design, and endless views. Don't miss your chance to make it yours!

Listed by Jason Lococo — Dickson Realty - Gardnerville

Listing Details

Status Active
MLS # 260008474
Price/Sq Ft $607

Property History

Jul 02, 2026
Listed for sale
$2,495,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 4,108
Lot Size 1.57 acres
Stories 2
Year Built 2003
Property Type Single Family Residence
Subdivision Sierra Country Estates
STR Jurisdiction Douglas County
APN 1219-10-002-023
Parking
Garage Spaces 4
Total Parking 6
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Built-in Barbecue, Rain Gutters
Lot Features Common Area, Gentle Sloping, Level, Meadow, Sloped Down, Sprinklers In Front
View Meadow, Mountain(s), Trees/Woods, Valley
Construction Brick Veneer
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Propane
Cooling Central Air
Financial
Annual Tax $9,862
HOA Fee $393 / Monthly
HOA / Community Sierra Country Estates
Schools
Elementary School Scarselli
Middle School Pau-Wa-Lu
High School Douglas
HOA & Community
Community Amenities Gated
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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% ($499,000)
Home price
$2,495,000
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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