$634,000
227 S Benjamin Drive #B
Stateline, NV 89449
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — many communities in this area restrict short-term rentals.
3 Beds
·
3.0 Baths
·
1,460 Sq Ft

About This Property

Welcome to 227 South Benjamin Drive, Unit B in Stateline, NV! This charming 3-bedroom, 3-bathroom home is a delightful retreat nestled in the heart of the mountains. With a spacious 1460 square feet, this residence offers a comfortable and inviting living space.The home features a new roof, stairs, stove, dishwasher, microwave, water heater, and dryer, ensuring modern convenience and peace of mind for its lucky new owner.Sold fully furnished, this property presents a turnkey opportunity for those seeking a successful vacation rental or investment property.Relish the mountain and forest views from your private outdoor space, whether it's on the deck or in the barbecue area. The convenience of in-unit laundry means you can easily keep everything clean and tidy.Attention climbers! There is an incredible huge wall of granite out your back door, just begging for routes to be set up.This home is designed for those who appreciate both comfort and convenience. Located a few short minutes to world class Heavenly Ski Resort, the shores of Lake Tahoe, and many hiking and biking trails.Enjoy the HOA community pool and hot tub after a day of adventures.Don't miss the chance to make this mountain haven your own. Schedule a showing today and discover the endless possibilities that await at 227 South Benjamin Drive, Unit B.

Listed by Michelle Keck — Compass

Listing Details

Status Active
MLS # 140472
Days on Market 629
Sold Date 1800-01-01
Price/Sq Ft $434

Property History

Jul 12, 2024
Listed for sale
$634,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,460
Lot Size 0.04 acres
Stories 2
Year Built 1988
Property Type Townhouse
Style Split Level
Subdivision Out of Area
County Douglas
STR Jurisdiction Douglas County
APN 13191921206
Parking
Parking Features 0.00
Exterior & Lot
Lot Features Adjacent to Forest
View Mountains,Forest
Construction Wood Frame,Wood Siding
Roof Pitched,Composition
Foundation Concrete/Crawl Space
Utilities & Systems
Heating Forced Air,Natural Gas,Fireplace
Cooling Forced Air,Natural Gas,Fireplace
Financial
Annual Tax $1,724
HOA Fee $1,585 / Annually
HOA / Community South Tahoe Association of Realtors
HOA & Community
Community Amenities Pool,Spa
📊

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 — 227 S Benjamin Drive #B, Stateline

Est. Annual Revenue
$41,644
Avg Nightly Rate
$304
Projected Occupancy
38.4%
Cap Rate
2.6%
Structural Score: 55 / 100 (Premium) · 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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($126,800)
Home price
$634,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Real Estate Agent
License #CA 02235314

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