$634,000 Active
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 partial new roof, exterior 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. 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. To avoid the stairs, you can park on Tina Ct, behind the building, and access when during the summer, or when there is minimal snow.

Listed by Michelle Keck — Compass

Listing Details

Status Active
MLS # 240008804
Days on Market 664
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 0.05 acres
Stories 2
Year Built 1988
Property Type Townhouse
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-062
Parking
Total Parking 2
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Sloped Up, Steep Slope, Wooded
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $1,724
HOA Fee $1,585 / Annually
HOA / Community Summit Village
Schools
Elementary School Gardnerville
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Pool, Spa/Hot Tub
📊

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
$41,170
Avg Nightly Rate
$355
Projected Occupancy
35.7%
Cap Rate
2.6%
Structural Score: 57 / 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
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC

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