About This Property
Welcome to 179 Tramway Drive, Unit A, located on the desirable Nevada side of South Lake Tahoe. This property may be purchased individually or together with Unit B (MLS#260002734), offering excellent flexibility for both homeowners and investors. Each unit has its own parcel number, providing future flexibility in ownership. Unit A features 2 bedrooms and 1 bathroom, creating a comfortable mountain retreat. The property includes a newer roof and recent renovations with approximately $35,000 in upgrades, enhancing both style and functionality. This unit offers the convenience of very few stairs to enter, which is uncommon for properties in the area. Two parking permits are included, with parking conveniently located directly in front of the building for easy access. Long-term rentals are allowed, with potential short-term rental opportunities subject to Douglas County approval. Situated on the Nevada side of Lake Tahoe, the property offers the tax advantages of Nevada ownership along with excellent potential for rental income, personal use, or multi-generational ownership. Ideally located along the route to Heavenly Valley Ski Resort, the property is just minutes from skiing, hiking, outdoor recreation, casinos, dining, golf courses, beaches, and the vibrant South Lake Tahoe downtown area, while still offering a peaceful mountain setting. Buyer and buyer's agent to verify all information including square footage, rental restrictions, and permitting requirements.
Listing Details
Property History
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 179 Tramway Drive #A, Stateline
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
