$1,199,000 Active
170 Pine Ridge Drive
Stateline, NV 89449

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✓ VHR Permits Available — 20 left in Chimney Rock
Douglas County caps vacation-rental permits by neighborhood. Chimney Rock has 20 of its 62 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
3 Beds
·
2.0 Baths
·
1,564 Sq Ft

Our data on this home

About This Property

Welcome to an incredible opportunity in the heart of Stateline, Nevada! Situated on a spacious .27-acre lot with no rear neighbors, this 3-bedroom, 2-bath Tahoe home offers space, versatility, and outstanding potential. The generous lot provides plenty of room for RVs, boats, and all your Tahoe toys, along with exciting possibilities to build up, expand farther into the lot, or create the Tahoe property you've always envisioned. Inside, you'll find a bright and inviting sunroom filled with natural light, granite kitchen countertops, and a cozy living area featuring a wood-burning fireplace—perfect for snowy Tahoe days. An attached garage provides additional parking and storage. The property also features detached guest quarters in the backyard equipped with plumbing, a shower, sink, and electric stove, offering excellent possibilities for guests, extended stays, or additional use. A separate storage shed provides even more space. And then there's the location! Enjoy the convenience of being within walking distance of Heavenly Ski Resort, restaurants, coffee shops, Kahle Park Community Center, the Stateline casino corridor, and Tahoe Blue Event Center. Lake Tahoe is less than a 7-minute drive away, making it easy to enjoy the lake in the summer and the slopes in the winter. Outdoor enthusiasts will also appreciate nearby access to Edgewood Creek and Pony Express Trails. Whether you're searching for a primary residence, investment property, rental, or weekend Tahoe getaway, this property puts the best of Tahoe right at your fingertips. With its prime Stateline location guest quarters, abundant parking, expansion potential, and proximity to Heavenly and Lake Tahoe, this property offers a rare opportunity to create your own piece of Tahoe in a centralized A+ location!

Listed by Crystal Sandoval — Realty One Group Eminence

Listing Details

Status Active
MLS # 260010874
Days on Market 56
Price/Sq Ft $767

Property History

Aug 21, 2026
Listed for sale
$1,199,000
Property Overview
Beds 3
Baths 2.0
Sq. Ft. 1,564
Lot Size 0.27 acres
Stories 1
Year Built 1959
Property Type Single Family Residence
Subdivision Pin Ridge
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-411-004
Parking
Garage Spaces 1
Total Parking 1
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
View Mountain(s), Ski Resort, Trees/Woods
Roof Shake
Foundation Crawl Space
Utilities & Systems
Heating Baseboard, Fireplace(s), Forced Air
Financial
Annual Tax $2,927
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 Premium
64
PROJECTED GROSS ANNUAL REVENUE
$30K – $65K typically ~$45,000
~$3,750 per month
Avg Nightly
$244
Occupancy
50%
Cap Rate
1.5%

STR Investment Summary — 170 Pine Ridge Drive, Stateline

Est. Gross Annual Revenue
$30K – $65K
typically ~$45,000
Avg Nightly Rate
$244
Projected Occupancy
50.5%
Cap Rate
1.5%
Structural Score: 64 / 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
1,676 sq ft covered of 590 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,809 sq ft
Allowed Coverage
590 sq ft · 5%
Existing Coverage
1,676 sq ft · 14%
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

$2,200 – $3,300/yr
about $229/mo
Est. Rebuild Cost (Coverage A)
$656,880

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

See it in the monthly payment

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

$6,536 per month
Principal & interest
$6,063/mo
Property taxes
$244/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$229/mo
Estimated ~$2,200–$3,300/yr — get a local broker quote for accuracy.
Down payment
20% ($239,800)
Home price
$1,199,000
Loan details
30-yr fixed, 6.5%
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