$349,000 Active
111 Tramway Drive #3-A
Stateline, NV 89449
✓ 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.
1 Beds
·
1.0 Baths
·
768 Sq Ft

About This Property

Welcome to this beautifully maintained mountain retreat in the desirable Kingsbury area of Lake Tahoe. Thoughtfully designed to maximize space, comfort, and natural light, this inviting condo offers an open floor plan that lives much larger than its square footage. The main living area is filled with natural light and framed by breathtaking mountain and Carson Valley views that immediately capture your attention. Whether you're enjoying your morning coffee or unwinding after a day on the slopes, the scenery provides a spectacular backdrop in every season. Two private decks offer the perfect place to take in the panoramic views, fresh mountain air, and stunning sunsets. The well-designed kitchen flows seamlessly into the living area, creating a welcoming space for entertaining or relaxing by one of the home's two cozy gas fireplaces. The private downstairs bedroom retreat provides a quiet and comfortable escape, while the thoughtful layout offers excellent functionality and a spacious feel throughout. Offered fully furnished, in move-in-ready condition, this property combines comfort, charm, and an exceptional setting. Ideally located near Heavenly Ski Resort, Lake Tahoe beaches, hiking and biking trails, golf courses, shopping, dining, and entertainment, it is perfectly suited as a full-time residence, vacation getaway, or investment property. Experience the best of Tahoe living with incredible views, two private decks, two gas fireplaces, and a floor plan that truly makes this home stand out from the competition.

Listed by Danielly Moya — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008462
Price/Sq Ft $454

Property History

Jul 02, 2026
Listed for sale
$349,000
Property Overview
Beds 1
Baths 1.0
Sq. Ft. 768
Stories 2
Year Built 1977
Property Type Condominium
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-611-003
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Sloped Up
View Mountain(s), Trees/Woods, Valley
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Fireplace(s), Natural Gas
Financial
Annual Tax $1,531
HOA Fee $800 / Semi-Annually
HOA / Community Summit Village HOA
Schools
Elementary School Zephyr Cove
Middle School Kingsbury(Closed)
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None
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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% ($69,800)
Home price
$349,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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