$490,000 $550,000 ↓ $60,000 reduced Active Under Contract
179 Tramway Drive #B
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
·
1.0 Baths
·
1,400 Sq Ft

About This Property

Welcome to 179 Tramway Drive, Unit B, located on the desirable Nevada side of South Lake Tahoe. Unit B features 2 bedrooms, 1 bathroom, plus an approximately 500 sq. ft. bonus room, providing additional space for guests, recreation, or storage. The property includes a newer roof, recent renovations, and approximately $35,000 in upgrades, creating a comfortable and updated mountain retreat. This unit offers the convenience of very few stairs to enter, which is uncommon in the area. Two parking permits are included, with parking located directly in front for easy access. Long-term rentals are allowed, with potential short-term rental opportunities subject to Douglas County approval. Located on the Nevada side, the property offers the tax advantages of Nevada ownership along with strong potential for rental income, personal use, or multi-generational ownership. Ideally situated 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 downtown South Lake Tahoe area, while still offering a peaceful mountain setting.

Listed by Christy Mayer — Haven Home Realty

Listing Details

Status Active Under Contract
MLS # 260002734
Days on Market 124
Price/Sq Ft $350

Property History

Apr 17, 2026
Listed for sale
$490,000
Jul 01, 2026
Price changed
$490,000
Jul 28, 2026
Pending
$490,000
Property Overview
Beds 2
Baths 1.0
Sq. Ft. 1,400
Lot Size 0.03 acres
Stories 2
Year Built 1980
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-024
Parking
Total Parking 2
Parking Features Permit Required
Exterior & Lot
Exterior Features None
Lot Features Common Area, Sloped Down, Steep Slope, Wooded
View Mountain(s), Trees/Woods
Construction Concrete, Frame
Roof Composition, Pitched, Shingle
Foundation Concrete Perimeter, Crawl Space, Raised
Utilities & Systems
Heating Forced Air, Natural Gas, Wall Furnace
Financial
Annual Tax $2,053
HOA Fee $131 / Monthly
HOA / Community Summit Village
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Parking
📊

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 — 179 Tramway Drive #B, Stateline

Est. Annual Revenue
$35,073
Avg Nightly Rate
$177
Projected Occupancy
54.2%
Cap Rate
2.9%
Structural Score: 49 / 100 (Standard) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
Parcel Size
1,248 sq ft
Existing Coverage
1,158 sq ft · 93%
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 ↗

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% ($98,000)
Home price
$490,000
Loan details
30-yr fixed, 6.5%
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