$975,000 Active
31 Chalet Court
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.
3 Beds
·
3.0 Baths
·
1,387 Sq Ft

About This Property

Experience the perfect blend of modern luxury and mountain charm in this beautifully remodeled 3-bedroom, 2-bath Lake Village townhome. Thoughtfully redesigned from top to bottom, this mountain modern retreat showcases soaring cathedral open-beam ceilings and an inviting open-concept floor plan filled with natural light. The stunning new kitchen is the heart of the home, featuring an oversized breakfast bar, abundant workspace, and seamless flow into the formal dining area—ideal for entertaining family and friends. The living room is enhanced by dramatic sky-view windows that frame the surrounding forest and fill the space with sunshine. The desirable main-level primary suite offers comfort and convenience, while two additional bedrooms upstairs share a spacious full bath, creating the perfect layout for guests or family. Situated in one of Lake Village's quieter locations, this home enjoys near-level entry for easy year-round access. Additional features include an exterior storage shed and an enormous basement offering exceptional storage or exciting potential for future expansion. Whether you're looking for a full-time residence, mountain getaway, or investment opportunity, this turnkey Lake Village home delivers style, functionality, and an unbeatable setting. Lake Village is a sought-after amenity-rich community offering a lifestyle second to none. Enjoy access to recently updated sports courts, a seasonal outdoor pool, and a year-round spa and sauna. The beautifully renovated clubhouse features games, gathering areas, and modern wellness facilities. Whether you're looking to socialize, unwind, or stay active, this community has something for everyone. Additional perks of the Lake Village HOA include snow removal, garbage service, on-site management, BBQ and picnic areas, a cozy fire pit, children's playground, and multiple tennis and pickleball courts. Located just minutes from the lake, beaches, hiking trails, casinos, and world-class skiing, this is your chance to own a turnkey mountain retreat in one of Tahoe's premier East Shore communities. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260009516
Price/Sq Ft $703

Property History

Jul 24, 2026
Listed for sale
$975,000
Property Overview
Beds 3
Baths 3.0
Sq. Ft. 1,387
Lot Size 0.04 acres
Stories 2
Year Built 1972
Property Type Condominium
Subdivision Lake Village
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-310-036
Parking
Total Parking 1
Parking Features Parking Pad
Exterior & Lot
Exterior Features None
Lot Features Level, Sloped Down, Zero Lot Line
Roof Asphalt, Composition
Foundation Concrete Perimeter
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,354
HOA Fee $679 / Monthly
HOA / Community Lake Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Clubhouse, Parking, Pool, Recreation Room, Sauna, Security, Spa/Hot Tub, Tennis Court(s)
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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 — 31 Chalet Court, Stateline

Est. Annual Revenue
$42,149
Avg Nightly Rate
$221
Projected Occupancy
52.4%
Cap Rate
1.7%
Structural Score: 58 / 100 (Premium) · STR Zone: Yellow

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

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
1,242 sq ft covered of 19 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,877 sq ft
Allowed Coverage
19 sq ft · 1%
Existing Coverage
1,242 sq ft · 66%
Addable Coverage
0 sq ft
Existing Units
1

TRPA caps how much of each Tahoe Basin parcel can be covered by impervious surfaces — buildings, driveways, decks. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($195,000)
Home price
$975,000
Loan details
30-yr fixed, 6.5%
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