$1,395,000 Active
188 Meadow Lane
Stateline, NV 89449

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✓ VHR Permits Available — 20 left in Chimney Rock
Douglas County caps vacation-rental permits by neighborhood. Chimney Rock has 20 of its 62 permits unissued (county data, Oct 16, 2026). A new owner applies for their own permit — permits don't transfer with a sale. Check HOA rules too.
4 Beds
·
3.5 Baths
·
2,629 Sq Ft

Our data on this home

About This Property

Your Tahoe basecamp awaits! This 4-bedroom, 3.5-bath home is just a 7-minute drive to Heavenly's slopes and minutes to the shores of Lake Tahoe, with Nevada Beach reachable by bike or on foot . The main level is made for gathering: a great room for unwinding after a day on the mountain or at the lake and a private primary bedroom retreat. The walk-in level has three more bedrooms and a dedicated game/rec room, ready for movie nights and game tournaments, with plenty of space for guests to spread out. Spend winter days carving fresh powder and summer afternoons paddleboarding crystal-clear water. Casinos, dining, and live entertainment are minutes away at Stateline. And with no Nevada state income tax, it makes as much sense financially as it does for your lifestyle. A full-time residence, a weekend getaway, or a mountain retreat, this home offers the rare mix of location, space, and value. Schedule your showing today! There is no HOA, however there is a monthly Kingsbury general improvement district fee that covers water usage, sewer & street snow removal. All information is deemed accurate but not guaranteed, buyer/buyer agent to verify all information.

Listed by Tina Ross — Chase International-Damonte

Listing Details

Status Active
MLS # 260013514
Price/Sq Ft $531

Property History

Oct 24, 2026
Listed for sale
$1,395,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Feb 2013 · county record $515,000 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 4
Baths 3.5
Sq. Ft. 2,629
Lot Size 0.21 acres
Stories 2
Year Built 2003
Property Type Single Family Residence
Subdivision Kingsbury Meadows
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-810-054
Parking
Garage Spaces 1
Total Parking 1
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Parking Pad
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Landscaped, Level, Sprinklers In Front, Sprinklers In Rear
View Trees/Woods
Construction Insulation - Batts, Block, Stone Veneer
Roof Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $3,622
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Premium
63
PROJECTED GROSS ANNUAL REVENUE
$45K – $105K typically ~$70,000
~$5,833 per month
Avg Nightly
$394
Occupancy
49%
Cap Rate
2.0%

STR Investment Summary — 188 Meadow Lane, Stateline

Est. Gross Annual Revenue
$45K – $105K
typically ~$70,000
Avg Nightly Rate
$394
Projected Occupancy
48.7%
Cap Rate
2.0%
Structural Score: 63 / 100 (Premium) · STR Zone: Green

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
2,283 sq ft covered of 444 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
8,881 sq ft
Allowed Coverage
444 sq ft · 5%
Existing Coverage
2,283 sq ft · 26%
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

$3,800 – $5,500/yr
about $388/mo
Est. Rebuild Cost (Coverage A)
$1,104,180

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

$7,744 per month
Principal & interest
$7,054/mo
Property taxes
$302/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$388/mo
Estimated ~$3,800–$5,500/yr — get a local broker quote for accuracy.
Down payment
20% ($279,000)
Home price
$1,395,000
Loan details
30-yr fixed, 6.5%
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