$1,589,000 Active
196 Meadow Lane
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.
5 Beds
·
4.0 Baths
·
3,102 Sq Ft

About This Property

Welcome to the Tahoe Forest Lodge, a rare mountain retreat nestled among the towering pines of Stateline, Nevada. Offering 5 bedrooms, 4 full bathrooms, over 3,000 square feet of living space, this exceptional property is perfect for entertaining, relaxing, and creating unforgettable memories with family and friends. It sits in an extremely quiet neighborhood with added privacy of a generous backyard and seclusion due to its corner location and the little used forest on a third side. Ideally located in the Lower Kingsbury neighborhood near world-class skiing, hiking, beaches, casinos, dining, and all that Lake Tahoe has to offer, the Tahoe Forest Lodge blends rustic mountain charm with the convenience and excitement of a premier vacation destination. The spacious floor plan provides ample room for large gatherings, while the game room creates the perfect space for guests to unwind after a day of Tahoe adventures. Enjoy the comfort of living at the very end of a quiet Tahoe street backing up to National Forest Land. Whether you're seeking a private family retreat, a second home, or an income-producing investment property, this home offers the flexibility to serve as a personal vacation getaway, a short-term rental (Douglas County VHR permits are currently available in this neighborhood) or both. With accommodations for larger groups and a location that attracts visitors year-round, the Tahoe Forest Lodge is well-positioned to capitalize on the best of Tahoe. Enjoy Nevada tax advantages, endless outdoor recreation, and the opportunity to own a true mountain lodge in one of Lake Tahoe's most desirable communities. The Tahoe Forest Lodge is where adventure, relaxation, and investment potential come together.

Listed by Ross Andrews — Realty One Group Eminence

Listing Details

Status Active
MLS # 260007995
Price/Sq Ft $512

Property History

Jun 22, 2026
Listed for sale
$1,589,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 3,102
Lot Size 0.24 acres
Stories 2
Year Built 1974
Property Type Single Family Residence
Subdivision Kingsbury Meadows
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-810-024
Parking
Garage Spaces 2
Total Parking 2
Parking Features Additional Parking, Attached, Garage, Garage Door Opener, Heated Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Dog Run, Rain Gutters, None
Lot Features Corner Lot, Cul-De-Sac, Landscaped, Wooded
View Mountain(s), Ski Resort, Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Hot Water, Natural Gas
Cooling Heat Pump
Financial
Annual Tax $3,588
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 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 — 196 Meadow Lane, Stateline

Est. Annual Revenue
$79,703
Avg Nightly Rate
$854
Projected Occupancy
25.1%
Cap Rate
2.0%
Structural Score: 53 / 100 (Standard) · STR Zone: Yellow

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

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% ($317,800)
Home price
$1,589,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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