$825,000 Active
191 Tramway Drive
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.
1,200 Sq Ft

About This Property

Experience mountain living at its finest with breathtaking views, crisp alpine air, and an unbeatable location. This beautifully updated duplex offers the perfect balance of adventure and relaxation, just minutes from world-class ski resorts and pristine beaches of Lake Tahoe. Inside, you'll find a thoughtfully renovated interior featuring a modern kitchen and tile floors, creating a warm and inviting mountain retreat. Whether you're seeking a full-time residence, vacation getaway, or investment opportunity, this property delivers exceptional flexibility. The duplex layout provides outstanding income potential—live comfortably in one and generate rental income from the other, or maximize returns by renting both sides. An additional 300-square-foot loft offers valuable bonus space not included in square footage, providing even more room for guests! Unit B is mirror image of unit A and is unfurnished. Don't miss this rare opportunity to own a turnkey mountain property!

Listed by Carmel Allego-Fithian — Coldwell Banker Select

Listing Details

Status Active
MLS # 1018981
Price/Sq Ft $688

Property History

Jun 16, 2026
Listed for sale
$825,000
Property Overview
Sq. Ft. 1,200
Lot Size 0.06 acres
Stories 1
Year Built 1977
Property Type MLF
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-720-034
Exterior & Lot
View Mountain(s),Trees/Woods
Roof Composition
Utilities & Systems
Heating Natural Gas,Gas
Financial
Annual Tax $2,683
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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%

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% ($165,000)
Home price
$825,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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