$1,899,900
170 Sierra Colina Drive
Stateline, NV 89449
✓ STR Allowed
3 Beds
·
2.5 Baths
·
2,188 Sq Ft

About This Property

***OPEN HOUSE SAT 11am-2pm & SUN 10am-12pm*** Exceptional investment opportunity in Sierra Colina, offering the best value in the community! Experience the ease of Tahoe year-round luxury living in this beautifully appointed, newer-construction residence, ideally located within a private gated enclave, just moments from the lake. Enjoy access to hiking and biking trails right outside your door, while remaining just minutes from South Lake Tahoe's vibrant dining, shopping, and entertainment. Built in 2021 and designed for comfort and effortless entertaining, this home features an open-concept kitchen showcasing premium Wolf and Sub-Zero appliances, a large walk-in pantry with a custom barn door, and an adjacent dining area framed by oversized stacking glass doors that seamlessly blend indoor and outdoor living. Step onto the covered deck to take in stunning Tahoe sunsets and filtered lake views, with a built-in gas line for grilling and a hot tub hookup already in place, perfect for year-round relaxation and entertaining. Ample, oversized windows throughout the home allow for an abundance of natural light. The inviting living area is accented by wood-beamed, 19' cathedral ceilings and anchored by a cozy stone fireplace, creating a warm and refined mountain-modern ambiance. The main-level primary suite offers vaulted ceilings, tufted wool carpeting, a generous walk-in closet, and a luxurious spa-inspired bathroom with freestanding soaking tub and heated tile floors. The thoughtful layout provides separation and privacy for guests on the entry level with 2 additional bedrooms, full bath, and a hallway featuring custom built-in cabinetry. Completing this exceptional home is a spacious 2-car garage with storage closets, offering plenty of accommodation for all your Tahoe lifestyle essentials. Enjoy true lock-and-leave convenience with HOA-covered exterior maintenance, landscaping, and snow removal, allowing you to focus on your Tahoe lifestyle. Investor bonus: Short-Term Rentals are allowed with proper permitting. A rare opportunity at this exceptional price point to own a low-maintenance luxury home in one of Tahoe's most desirable communities.

Listed by Crystal Shearman — Chase International - ZC

Listing Details

Status Active
MLS # 260004642
Price/Sq Ft $868

Property History

Apr 17, 2026
Listed for sale
$1,899,900
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 2,188
Lot Size 0.05 acres
Stories 2
Year Built 2021
Property Type Townhouse
Subdivision Sierra Colina
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-315-029
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Lot Features Common Area, Corner Lot, Landscaped, Sloped Down, Sprinklers In Front, Wooded
View Trees/Woods
Construction Cedar
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Electric, Forced Air
Cooling Central Air, Electric
Financial
Annual Tax $9,956
HOA Fee $570 / Monthly
HOA / Community Sierra Colina 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 Gated, Landscaping
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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%

STR Investment Summary — 170 Sierra Colina Drive, Stateline

Est. Annual Revenue
$74,669
Avg Nightly Rate
$593
Projected Occupancy
34.2%
Cap Rate
1.6%
Structural Score: 75 / 100 (Luxury) · STR Zone: Yellow

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

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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($379,980)
Home price
$1,899,900
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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