$389,000 Active
186 Ponderosa Drive
Stateline, NV 89449
✓ STR Allowed
2 Beds
·
2.0 Baths
·
1,431 Sq Ft
Virtual Tour

About This Property

Quintessential Lake Tahoe. Enjoy all four seasons at your very own Tahoe get-a-way. Located in the Ponderosa Park Homeowner's Association this manufactured home you own the land as well as the home. Conveniently situated on lower Kingsbury Grade for easy access to the Lake, Casinos, Parks, Skiing, Shopping, Hiking & Biking Trails and Community Center. This home is an affordable option to owning your primary home or second home. No short-term rentals permitted. HOA dues include maintenance and snow removal of common areas. Roof is rolled asphalt. Buyer to verify.

Listed by Gregory Cremeans — Sierra Choice Realty

Listing Details

Status Active
MLS # 260011041
Price/Sq Ft $272

Property History

Aug 26, 2026
Listed for sale
$389,000
Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,431
Lot Size 0.10 acres
Stories 1
Year Built 1977
Property Type Manufactured Home
Subdivision Ponderosa Park
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-410-007
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Gentle Sloping, Level
Roof Asphalt
Foundation 8-Point
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $928
HOA Fee $125 / Monthly
HOA / Community PPOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Standard
47
PROJECTED GROSS ANNUAL REVENUE
$26K – $53K typically ~$38,537
~$3,211 per month
Avg Nightly
$198
Occupancy
54%
Cap Rate
4.0%

STR Investment Summary — 186 Ponderosa Drive, Stateline

Est. Gross Annual Revenue
$26K – $53K
typically ~$38,537
Avg Nightly Rate
$198
Projected Occupancy
53.5%
Cap Rate
4.0%
Structural Score: 47 / 100 (Standard) · STR Zone: Yellow

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
1,390 sq ft covered of 206 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
4,124 sq ft
Allowed Coverage
206 sq ft · 5%
Existing Coverage
1,390 sq ft · 34%
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% ($77,800)
Home price
$389,000
Loan details
30-yr fixed, 6.5%
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