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About This Property
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. Take advantage of Nevada's tax-friendly environment, featuring no state income tax along with a variety of additional tax advantages, adding long-term value to your investment and lifestyle. A rare opportunity at this exceptional price point to own a low-maintenance luxury home in one of Tahoe's most desirable communities.
Listing Details
Property History
STR Investment Summary — 170 Sierra Colina Drive, Stateline
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
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
