$1,699,000 Active
TBD Kingsbury Grade Kingsbury Grade 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.

About This Property

Rare 40-Acre Sierra Foothill Estate Opportunity | Adjacent to National Forest Discover an extraordinary 40-acre mountain retreat comprised of two adjoining 20-acre parcels, offering unmatched privacy, breathtaking scenery, and exceptional convenience. Nestled among towering pines, dramatic granite outcroppings, and vibrant manzanita, this remarkable property captures sweeping panoramic valley views, stunning mountain vistas, and spectacular views of Jobs Peak. Located just 15-20 minutes from the best of Lake Tahoe and Carson Valley, you'll enjoy easy access to world-class skiing, boating, golf, fine dining, shopping, casinos, fitness centers, medical facilities, and year-round recreation while maintaining complete seclusion and tranquility. Bordering National Forest land, the property provides direct access to miles of hiking, mountain biking, horseback riding, and outdoor adventure. In winter, enjoy the rare possibility of skiing home from Heavenly Mountain Resort. Whether envisioning a luxury mountain estate, private family compound, equestrian retreat, or custom cabin getaway, the two separate 20-acre parcels offer outstanding flexibility for future development. Located among executive-style homes, the property features no CC&Rs, providing freedom to create your vision.

Listed by Ryan Forvilly — eXp Realty

Listing Details

Status Active
MLS # 260008120

Property History

Jun 25, 2026
Listed for sale
$1,699,000
Property Overview
Lot Size 40.00 acres
Property Type Land
STR Jurisdiction Douglas County
APN 1219-04-002-005/1219-04-002-004
Exterior & Lot
Lot Features Adjoins BLM/BIA Land, Corner Lot, Gentle Sloping, Greenbelt, Level, Sloped Down, Sloped Up, Steep Slope, Wooded
View City, Meadow, Mountain(s), Trees/Woods, Valley
Financial
Annual Tax $3,314
Schools
Elementary School Scarselli
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% ($339,800)
Home price
$1,699,000
Loan details
30-yr fixed, 6.5%
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Kristina Mattson
Kristina Mattson
Broker - Owner
CA 01950662 BS.0146479.MGR
530.613.5207

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