$1,200,000 Active
157 Holly Lane
Stateline, NV 89449
⚠ No New VHR Permits — Lake Village at Cap
All 50 of Lake Village's vacation-rental permits are issued (county data, Sep 22, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.
2 Beds
·
2.5 Baths
·
1,392 Sq Ft

About This Property

Welcome home to 157 Holly Lane, your new Tahoe home, complete with lake views from your rooftop terrace. The home features two ensuite bedrooms each on their own private floors, thoughtful upgrades throughout the home to make life simpler, spend your days taking in the stunning forest and lake views out your oversized windows, or curl up on the couch in front of the fire. Located in the Lake Village Community, you're just minutes from restaurants, shops, beaches, all of Heavenly's base lodges, or stay home and enjoy the tennis courts, pickleball courts, pool, and spa within the community. Unlike most condos at 157 Holly Lane you have access to a crawlspace/basement storage area complete with a platform to allow for extra storage outside of the home.

Listed by Sarah Benedict — Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe

Listing Details

Status Active
MLS # 143497
Days on Market 10
Sold Date 1800-01-01
Price/Sq Ft $862

Property History

Sep 14, 2026
Listed for sale
$1,200,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Nov 2023 · county record $958,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 2
Baths 2.5
Sq. Ft. 1,392
Lot Size 0.02 acres
Year Built 1975
Property Type Townhouse
Style Other/See Remarks
Subdivision Out of Area
County Douglas
STR Jurisdiction Douglas County
APN 13182321600
Exterior & Lot
View Mountains, Lake
Construction Wood Frame
Roof Flat
Utilities & Systems
Heating Forced Air
Financial
HOA Fee $680 / Monthly
HOA & Community
Community Amenities Pool, Tennis, Sauna, Hot Tub, Club House
📊

STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
53
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$35,000
~$2,917 per month
Avg Nightly
$177
Occupancy
54%
Cap Rate
1.2%

STR Investment Summary — 157 Holly Lane, Stateline

Est. Gross Annual Revenue
$25K – $60K
typically ~$35,000
Avg Nightly Rate
$177
Projected Occupancy
54.2%
Cap Rate
1.2%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

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
517 sq ft covered of 9 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
919 sq ft
Allowed Coverage
9 sq ft · 1%
Existing Coverage
517 sq ft · 56%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
1a
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 ↗

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% ($240,000)
Home price
$1,200,000
Loan details
30-yr fixed, 6.5%
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