$1,300,000 Active
155 Holly Lane
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.
3 Beds
·
3.0 Baths
·
1,676 Sq Ft
Virtual Tour

About This Property

Experience elevated Lake Tahoe living in this extensively remodeled Lake Village retreat offering stunning Lake Tahoe views from multiple vantage points, exceptional outdoor living, and true turnkey convenience. Since 2021, the owners have invested more than 300,000 in thoughtful upgrades, transforming virtually every inch of the residence with quality finishes, new windows, modern systems, and meticulous attention to detail. Spanning approximately 1,676 square feet, this beautifully updated condominium features three bedrooms, two full bathrooms, two half bathrooms, and multiple outdoor spaces designed to embrace the Tahoe lifestyle. Two bedrooms enjoy beautiful lake views, allowing you to wake up to the beauty of Lake Tahoe each morning. The showpiece of the home is the rooftop terrace, where stunning lake views, unforgettable sunsets, and a retractable awning create the perfect setting for entertaining or relaxing above it all. A second private patio provides additional outdoor living space, making this property ideal for gathering with family and friends year-round. The interior has been thoughtfully remodeled from top to bottom and is presented in pristine condition. Every space reflects pride of ownership and careful attention to detail, creating a home that is both stylish and exceptionally functional. Beautiful furnishings complement the design and may be available for purchase separately, offering a seamless move-in experience for the next owner. Located within the desirable Lake Village community, residents enjoy close proximity to Tahoe Beach Club, Heavenly skiing, beaches, dining, shopping, casinos, and the entertainment of South Lake Tahoe while benefiting from Nevada tax advantages. Whether you're seeking a full-time residence, a vacation retreat, or an income-producing investment property, this exceptional lake-view home offers a rare opportunity to enjoy the very best of Lake Tahoe living.

Listed by Shelby Smith — Dickson Realty - Caughlin

Listing Details

Status Active
MLS # 260008227
Days on Market 1
Price/Sq Ft $776

Property History

Jun 26, 2026
Listed for sale
$1,300,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,676
Lot Size 0.02 acres
Stories 3
Year Built 1975
Property Type Townhouse
Subdivision Lake Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-216-006
Parking
Total Parking 1
Parking Features Additional Parking, Detached, Parking Pad
Exterior & Lot
Exterior Features Balcony
Lot Features Common Area, Wooded
View Mountain(s), Trees/Woods
Roof Flat
Foundation Crawl Space
Pool & Spa
Pool In Ground, See Remarks
Utilities & Systems
Heating Baseboard, Electric
Financial
Annual Tax $4,615
HOA Fee $744 / Monthly
HOA / Community Lake Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Clubhouse, Pool, Recreation Room, Spa/Hot Tub, Tennis Court(s)
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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%

STR Investment Summary — 155 Holly Lane, Stateline

Est. Annual Revenue
$52,386
Avg Nightly Rate
$459
Projected Occupancy
34.0%
Cap Rate
1.6%
Structural Score: 55 / 100 (Premium) · STR Zone: Yellow

Based on comparable vacation rental performance data for Stateline. Revenue projections are estimates and may vary.

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% ($260,000)
Home price
$1,300,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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