$490,000
Active
692 Lassen Way
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
·
2.0
Baths
·
1,651
Sq Ft
About This Property
Opportunity awaits in desirable Gardnerville! This well-loved, one-owner 4-bedroom, 2-bath home sits on an almost quarter-acre end lot and is ready for its next chapter. Priced to sell as-is, it's the perfect canvas for your remodel or renovation vision. Enjoy RV parking, a spacious backyard with a storage shed, and plenty of room to make it your own. Don't miss this rare chance to create your dream home in a sought-after neighborhood!
Listed by Shelby Mangum — Redfin
Listing Details
Status
Active
MLS #
260008493
Price/Sq Ft
$297
Property History
Jul 02, 2026
Listed for sale
$490,000
Property Overview
Beds
4
Baths
2.0
Sq. Ft.
1,651
Lot Size
0.21 acres
Stories
1
Year Built
1991
Property Type
Single Family Residence
Subdivision
Gardnerville Ranchos
STR Jurisdiction
Douglas County
APN
1220-22-310-122
Parking
Garage Spaces
2
Total Parking
2
Parking Features
Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage
Yes
Exterior & Lot
Exterior Features
Awning(s)
Lot Features
Level, Sprinklers In Front, Sprinklers In Rear
View
Mountain(s)
Roof
Composition, Pitched, Shingle
Foundation
Crawl Space
Utilities & Systems
Heating
Forced Air, Natural Gas
Cooling
Central Air
Financial
Annual Tax
$2,040
Schools
Elementary School
Scarselli
Middle School
Pau-Wa-Lu
High School
Douglas
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% ($98,000)
Home price
$490,000
Loan details
30-yr fixed, 6.5%
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Or call directly: 530.613.5207
