$1,120,000 $1,150,000 ↓ $30,000 reduced Active
2988 Pine Valley Road
Gardnerville, NV 89410
✓ 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.
3 Beds
·
2.5 Baths
·
2,312 Sq Ft

About This Property

A Tahoe style chalet on 5.07 acres of horse friendly Nevada freedom, just five minutes from Topaz Lake. Inside, the home features custom Bamboo flooring by CALI Floors, vaulted ceilings, cathedral windows, a remodeled kitchen, and a wood burning fireplace that anchors the great room with true mountain character. The main level primary suite includes a luxury Mr. Steam spa system, while the upper level offers two bedrooms, a full bath, and a loft overlooking the living space. With NO HOA, space to build a shop, and acreage ideal for barns or corrals, this property is built for those who want room to roam. Ride horses or UTVs straight from your doorstep onto miles of open terrain. Modern upgrades include Evolution Heating & Cooling, on demand propane hot water, and a new Generac generator. Motivated sellers contact the listing agent for details.

Listed by Kate Emory — Chase International Carson Cit

Listing Details

Status Active
MLS # 250056538
Days on Market 315
Price/Sq Ft $484

Property History

Oct 01, 2025
Listed for sale
$1,120,000
Jul 06, 2026
Price changed
$1,120,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 $765,000 John BelangerInk Realty Laura EdneyChase International - ZC

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed.

Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,312
Lot Size 5.07 acres
Stories 2
Year Built 1997
Property Type Single Family Residence
STR Jurisdiction Douglas County
APN 1121-35-001-025
Parking
Garage Spaces 3
Total Parking 3
Parking Features Carport, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Roof Metal, Pitched
Foundation Concrete Perimeter, Crawl Space
Utilities & Systems
Heating Electric, ENERGY STAR Qualified Equipment, Forced Air, Propane
Cooling Central Air, ENERGY STAR Qualified Equipment
Financial
Annual Tax $3,453
Schools
Elementary School Minden
Middle School Pau-Wa-Lu
High School Douglas
📊

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% ($224,000)
Home price
$1,120,000
Loan details
30-yr fixed, 6.5%
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