$1,189,900
157 Pine Drive
Stateline, NV 89449
STR Status Unknown
3 Beds
·
2.0 Baths
·
1,498 Sq Ft
·
14810 Lot

About This Property

The Best of All Worlds in Coveted Lake Tahoe, NV - Middle Kingsbury Perfectly positioned in the highly desirable Middle Kingsbury neighborhood, this beautifully remodeled 3-bedroom, 2-bath mountain retreat offers the ideal blend of convenience, comfort, and Tahoe lifestyle. Just a short stroll to local favorite cafés, shops, and restaurants, this home puts you right in the heart of it all—while still offering a peaceful, park-like setting. Outdoor adventure awaits in every direction, with miles of hiking and biking trails nearby, and effortless access to skiing at Heavenly, beaches, golf courses, and the vibrant casino corridor—all just minutes away. Set on a generous and serene .34-acre corner lot at Chimney Rock and Pine Drive, this property exudes charm from the moment you arrive. Inside, enjoy nearly 1,500 square feet of thoughtfully designed single-level living, complemented by inviting indoor-outdoor spaces perfect for entertaining or relaxing. The sun-filled front deck and shaded back patio create ideal settings for gathering with friends and family, seamlessly connected to the custom kitchen and dining area via sliding glass doors—perfect for effortless Tahoe living. Imagine unwinding with your favorite beverage as the sun sets and the mountain air settles in. The home features three spacious bedrooms and two beautifully remodeled bathrooms, including a stunning primary suite. The step-down great room is warm and welcoming, anchored by a dramatic featured floor-to-ceiling fireplace—perfect for cozy evenings after a day of adventure. Additional highlights include an oversized two-car garage, a bonus finished storage area for all your gear and toys, and a large sub-area offering ample storage with potential for a wine cellar. A newer water heater and forced air natural gas furnace provide peace of mind, while the convenient in-home laundry adds everyday ease. This property is ready for immediate enjoyment—whether as a full-time residence, vacation getaway, or investment opportunity with a sought-after Nevada address.

Listed by Debra Howard — Berkshire Hathaway HomeService

Listing Details

Status Active
MLS # 260003977
Days on Market 1
Price/Sq Ft $794

Property History

Apr 05, 2026
Listed for sale
$1,189,900
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,498
Lot Size 0.34 acres
Stories 1
Year Built 1977
Property Type Single Family Residence
Subdivision Kingsbury Meadows
APN 1318-26-511-010
Parking
Garage Spaces 2
Total Parking 4
Parking Features Attached, Garage, Garage Door Opener, Under Building
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Up, Sprinklers In Front, Sprinklers In Rear
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space, Full Perimeter
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $2,766
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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%

Payment calculator

$0 per month
Principal & interest
$0
Property taxes
$0
HOA dues
$0
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($237,980)
Home price
$1,189,900
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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