Sold $934,500 $997,000 Closed
255 Sherwood Court
Stateline, NV 89449

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SOLD 2025-10-08
Sold for $934,500 (listed at $997,000)
4 Beds
·
3.0 Baths
·
2,400 Sq Ft

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What's this home worth today?

It sold for $934,500 on 2025-10-08, and prices have moved since. Three boxes: leave your number and Murat calls you with what it would sell for today, priced from the latest closed sales nearby.

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Our data on this home

About This Property

Great find on the nevada side of Lake Tahoe. Property is being sold at auction. Buyers must sign up and place bids The property is located with access to world class trails in Lower Kingsbury. The street is a cul de sac and there is room for the whole family with four bedrooms and 3 baths. Be at the casinos, skiing or Lake with in minutes. Property to be sold at auction. Come and make an offer today!

Listed by Lisa S. Valentine — Coldwell Banker Select ZC

Listing Details

Status Closed
MLS # 250003804
Sold Date 2025-10-08
Sold Price $934,500
Price/Sq Ft $415

Property History

Oct 08, 2025
Listed for sale
$997,000
Current
Sold
$934,500
Property Overview
Beds 4
Baths 3.0
Sq. Ft. 2,400
Lot Size 0.45 acres
Stories 2
Year Built 1973
Property Type Single Family Residence
Subdivision Lakewood Knolls
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-610-048
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Cul-De-Sac
View Mountain(s)
Construction Wood Siding
Roof Shake, Wood
Foundation Crawl Space
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $3,604
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None

STR Investment Summary — 255 Sherwood Court, Stateline

Est. Gross Annual Revenue
$40K – $95K
typically ~$55,000
Avg Nightly Rate
$299
Projected Occupancy
50.4%
Cap Rate
2.2%
Structural Score: 53 / 100 (Standard) · 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

Room to build
1,642 sq ft covered of 4,094 sq ft allowed
2,453 sq ft of coverage still available to add.
Parcel Size
20,550 sq ft
Allowed Coverage
4,094 sq ft · 20%
Existing Coverage
1,642 sq ft · 8%
Addable Coverage
2,453 sq ft
Land Capability · TRPA-verified
1b, 2, 4
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

$3,400 – $5,000/yr
about $350/mo
Est. Rebuild Cost (Coverage A)
$1,008,000

Estimate from an estimated rebuild cost at standard-market rates. Not a bindable quote; get a local broker quote for accuracy.

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