Sold $765,000 $850,000 Closed
157 Cottonwood Drive
Stateline, NV 89449

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SOLD 2025-10-30
Sold for $765,000 (listed at $850,000)
3 Beds
·
2.0 Baths
·
1,399 Sq Ft

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It sold for $765,000 on 2025-10-30, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

This unique property offers the perfect opportunity to bring your vision to life. The upstairs has been stripped down and is ready for your custom finishes—make it exactly the way you want it! Major updates have already been taken care of, including a brand-new roof, beautiful exposed beam, fresh exterior paint. Upstairs has updated plumbing and electrical, new windows, and drywall. The downstairs level provides a solid foundation and layout, ready for remodeling to suit your needs. The long lot has ample parking, a 2 car garage, storage shed and access to the back of the property from Meadow Ct. Whether you're looking for an investment project or a chance to build instant equity, this home is full of possibility.

Listed by Kaycee Summers — Dickson Realty - Gardnerville

Listing Details

Status Closed
MLS # 250052842
Sold Date 2025-10-30
Sold Price $765,000
Price/Sq Ft $608

Property History

Sep 13, 2025
Listed for sale
$899,000
Current
Sold
$765,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,399
Lot Size 0.21 acres
Stories 2
Year Built 1957
Property Type Single Family Residence
Subdivision Kingsbury Meadows
County Douglas
STR Jurisdiction Douglas County
APN 1318-26-510-003
Parking
Garage Spaces 2
Total Parking 5
Parking Features Detached, Garage, Garage Door Opener, Parking Pad, RV Access/Parking, Tandem
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Block, Wood Siding
Roof Pitched, Shingle
Foundation Crawl Space
Pool & Spa
Pool No
Utilities & Systems
Heating Fireplace(s), Forced Air
Financial
Annual Tax $2,022
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12

STR Investment Summary — 157 Cottonwood Drive, Stateline

Est. Gross Annual Revenue
$30K – $55K
typically ~$35,000
Avg Nightly Rate
$186
Projected Occupancy
51.6%
Cap Rate
1.6%
Structural Score: 58 / 100 (Premium) · STR Zone: Green

Based on comparable vacation rental performance data for Stateline. Gross of management, cleaning and platform fees. Assumes full-year availability, professional management and dynamic pricing; owner use reduces it. Revenue projections are estimates and may vary.

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
3,072 sq ft covered of 454 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
9,077 sq ft
Allowed Coverage
454 sq ft · 5%
Existing Coverage
3,072 sq ft · 34%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Estimated coverage — data: TRPA GIS / Tahoe Open Data. The only authoritative determination of coverage and land capability is a Land Capability Verification through TRPA; actual allowable coverage can differ due to verifications, transfers, banked coverage, or deed restrictions.

TRPA parcel fact sheet ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$2,000 – $2,900/yr
about $204/mo
Est. Rebuild Cost (Coverage A)
$587,580

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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