$987,000 Active
158 Aynes Court #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.
4 Beds
·
3.0 Baths
·
1,862 Sq Ft
Virtual Tour

About This Property

Rare opportunity to own a versatile property in a prime Stateline, Nevada location! This unique townhouse features a spacious 3-bedroom, 2-bath main residence plus a separate-entry studio with its own bathroom, offering exceptional flexibility for rental income, multi-generational living, or guest accommodations.Explore a variety of investment possibilities, including short-term rental potential for the upper living space while leasing the lower studio long-term, or enjoy one unit yourself while generating income from the other. As of 7/15/26, there are still 4 short term rental permits available for this neighborhood through Douglas County.Ideally situated on the lake side of Highway 50, this property is just minutes from the Lake Tahoe Bike Path and the scenic Lam Watah Nature Trail leading to Nevada Beach and Round Hill Pines, some of Lake Tahoe's most beloved beaches. Nestled between the prestigious Edgewood Golf Course and the open spaces of Rabe Meadows, the location offers the perfect balance of recreation, convenience, and natural beauty.One of the great highlights of this property is the vaulted tongue and groove ceilings with exposed wood beams which enhance the character of every room. Recent improvements include an updated kitchen, remodeled main level bathroom, and newer flooring throughout. The spacious primary suite occupies its own private level and features a unique sitting nook. The backyard includes multiple storage areas, along with an outdoor bar, and entertainment space. Mature landscaping includes fruit trees, raspberry bushes, and an abundance of mint. Unlike many properties in the area, this townhouse has no HOA.Offered fully furnished and turnkey, this home is ready for immediate enjoyment or rental use. Take advantage of Nevada's favorable tax benefits while owning your own piece of Lake Tahoe.

Listed by Alora Reynolds — Chase International - South Lake Tahoe

Listing Details

Status Active
MLS # 143209
Sold Date 1800-01-01
Price/Sq Ft $530

Property History

Jul 15, 2026
Listed for sale
$987,000
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 1,862
Lot Size 0.02 acres
Year Built 1975
Property Type Townhouse
Style Split Level
Subdivision Unavail
County Douglas
STR Jurisdiction Douglas County
APN 13182200207
Parking
Garage Spaces 1
Attached Garage Yes
Exterior & Lot
Exterior Features Storage Shed, Bear-Proof Trash Can
Lot Features Cul-De-Sac, Adjacent to Meadow
View Mountains
Construction Wood Frame, Wood Siding
Roof Pitched, Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,054
📊

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 — 158 Aynes Court #A, Stateline

Est. Annual Revenue
$55,698
Avg Nightly Rate
$316
Projected Occupancy
48.2%
Cap Rate
2.3%
Structural Score: 54 / 100 (Standard) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
764 sq ft covered of 262 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
872 sq ft
Allowed Coverage
262 sq ft · 30%
Existing Coverage
764 sq ft · 88%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($197,400)
Home price
$987,000
Loan details
30-yr fixed, 6.5%
Request a Tour

We'll contact you soon.

R
Real Estate Tahoe
Real Estate Agent

Send a Message