$2,200,000 Active
697 Indian Trail Road
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
·
4.0 Baths
·
3,768 Sq Ft
Virtual Tour

About This Property

Nestled on 2 picturesque acres in the heart of the beautiful Carson Valley, this exceptional 3,768 sq. ft. estate captures breathtaking panoramic views of the Sierra Nevada Mountains and seamlessly blends luxury living, thoughtful upgrades, and premier equestrian amenities. Surrounded by wide-open spaces, stunning sunsets, and the peaceful charm that makes Carson Valley one of Northern Nevada's most sought-after rural communities, this ADA-accessible property offers 4 spacious bedrooms, 4 updated bathrooms, 2 fireplaces, a pellet stove, dual central A/C units, a tankless water heater, radon mitigation system, and an oversized 3-car garage. The stunning primary suite serves as a private retreat, featuring soaring ceilings, a fireplace, sitting area, expansive his-and-her closets, and a spa-inspired bathroom with dual sinks and an oversized dual-head shower with built-in bench seating. The beautifully updated kitchen showcases stone countertops, a custom tile backsplash, custom-painted cabinetry completed with a meticulous five-step finish process, pull-out shelving, and abundant storage. Outdoor living is equally impressive with mature landscaping, automatic irrigation, a fenced yard, custom stone patio, RV parking, and endless opportunities to enjoy the tranquility and natural beauty of the surrounding valley. Equestrian enthusiasts will appreciate the impressive 3,000 sq. ft. BarnMaster barn, complete with three stalls including a foaling stall, heated automatic waterers, three tack rooms, a feed room, and a large carpenter shop providing additional workspace and storage. Offering the best of rural luxury, this remarkable property combines privacy, functionality, and spectacular scenery while remaining just minutes from the conveniences of Minden and Gardnerville, world-class skiing at Lake Tahoe, endless outdoor recreation, and the year-round beauty of the Carson Valley. A rare opportunity to experience elevated country living in one of Nevada's most picturesque settings.

Listed by Shele Pandl — Coldwell Banker Select RE M

Listing Details

Status Active
MLS # 260007470
Price/Sq Ft $584

Property History

Jun 11, 2026
Listed for sale
$2,200,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 3,768
Lot Size 2.00 acres
Stories 1
Year Built 1979
Property Type Single Family Residence
Subdivision Indian Road Ranch Estates
STR Jurisdiction Douglas County
APN 1219-23-001-050
Parking
Garage Spaces 3
Total Parking 7
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Corner Lot, Gentle Sloping, Level, Pasture, Sloped Down, Sprinklers In Front, Sprinklers In Rear
View Meadow, Mountain(s), Trees/Woods, Valley
Construction Brick
Roof Composition, Pitched
Foundation Slab
Utilities & Systems
Heating Wood Stove, Forced Air, Pellet Stove, Propane
Cooling Central Air, Electric
Financial
Annual Tax $4,887
Schools
Elementary School Gardnerville
Middle School Pau-Wa-Lu
High School Douglas
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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% ($440,000)
Home price
$2,200,000
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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