$375,000 $389,000 ↓ $14,000 reduced Active
186 Ponderosa Drive
Stateline, NV 89449

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✗ STR Not Allowed
The listing description says short-term rentals are not allowed.
2 Beds
·
2.0 Baths
·
1,431 Sq Ft
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Our data on this home

Short-term rental income No projection Permit or HOA rules block it — see why TRPA land coverage Over the limit 1,390 of 206 sq ft used Home insurance $2,000 – $3,000/yr Standard homeowners policy

About This Property

Quintessential Lake Tahoe. Why rent when you can own? Relax and 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. Home is on an 8pt foundation and conventional financing is available. Buyer to verify.

Listed by Gregory Cremeans — Sierra Choice Realty

Listing Details

Status Active
MLS # 260011041
Days on Market 58
Price/Sq Ft $262

Property History

Aug 26, 2026
Listed for sale
$389,000
Sep 28, 2026
Price reduced
$375,000 $389,000 ↓ $14,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Aug 2022 · county record $325,000 Deed record — brokerage sides not reported

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

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 $100 / 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
📊

STR Investment Analysis

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

STR Investment Analysis

Red Zone
STRUCTURAL SCORE Premium
56
No revenue projection. The listing says short-term rentals are not allowed at this property.

STR Investment Summary — 186 Ponderosa Drive, Stateline

No revenue projection. The listing says short-term rentals are not allowed at this property.
Structural Score: 56 / 100 (Premium) · STR Zone: Red

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 ↗ How the Basin compares

Home Insurance Estimate

Standard homeowners policy for this home

$2,000 – $3,000/yr
about $208/mo
Est. Rebuild Cost (Coverage A)
$601,020

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

See it in the monthly payment

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

$2,281 per month
Principal & interest
$1,896/mo
Property taxes
$77/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$100/mo
From MLS listing data.
Home insurance
$208/mo
Estimated ~$2,000–$3,000/yr — get a local broker quote for accuracy.
Down payment
20% ($75,000)
Home price
$375,000
Loan details
30-yr fixed, 6.5%
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