$525,000 Active
164 Sage Drive
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.
2 Beds
·
2.0 Baths
·
999 Sq Ft

About This Property

A rare find! 2 bedrooms, 2 baths and a spacious 2 car garage within walking distance to restaurants, post office, shopping, meadow/beach/bike trails, casinos and nightlife events. Huge sun deck over garage which steps down to a small private fenced backyard. Garage includes a small workshop. Located at streets end making it a quiet location with little traffic.

Listed by Susan Wilson — Sierra Tahoe Real Estate

Listing Details

Status Active
MLS # 260011284
Days on Market 13
Price/Sq Ft $526

Property History

Aug 31, 2026
Listed for sale
$525,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 999
Lot Size 0.06 acres
Stories 1
Year Built 2001
Property Type Manufactured Home
Subdivision Ponderosa Park
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-410-049
Parking
Garage Spaces 2
Total Parking 3
Parking Features Detached, Garage, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level, Sprinklers In Front
Roof Composition, Pitched
Foundation Crawl Space, Pillar/Post/Pier
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $1,646
HOA Fee $100 / Monthly
HOA / Community Ponderosa Park Homeowners Association
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Management
📊

STR Investment Analysis

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

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
64
PROJECTED GROSS ANNUAL REVENUE
$25K – $60K typically ~$40,000
~$3,333 per month
Avg Nightly
$210
Occupancy
52%
Cap Rate
3.0%

STR Investment Summary — 164 Sage Drive, Stateline

Est. Gross Annual Revenue
$25K – $60K
typically ~$40,000
Avg Nightly Rate
$210
Projected Occupancy
52.3%
Cap Rate
3.0%
Structural Score: 64 / 100 (Premium) · 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
971 sq ft covered of 172 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
3,445 sq ft
Allowed Coverage
172 sq ft · 5%
Existing Coverage
971 sq ft · 28%
Addable Coverage
0 sq ft
Land Capability · TRPA-verified
3
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% ($105,000)
Home price
$525,000
Loan details
30-yr fixed, 6.5%
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