$875,000 Active
315 Olympic Court # 6
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
·
1.5 Baths
·
1,248 Sq Ft

About This Property

Set against a peaceful forest backdrop, this three-bedroom Stateline condo captures beautiful lake and valley views in a prime Tahoe location. The interior has been updated, including a fully renovated kitchen and full bathroom with new lighting, fixtures, and finishes throughout. A spacious deck extends the living space outdoors, creating the perfect setting to relax and take in the surrounding scenery. Additional highlights include a new water heater and an outdoor storage closet for added convenience. Previously operating as a turnkey long-term and short-term rental, the property offers an excellent opportunity for a vacation retreat, income-producing investment, or combination of both. Furnishings are negotiable.

Listed by Soni Jackson — Sierra Sotheby's International

Listing Details

Status Active
MLS # 260008981
Price/Sq Ft $701

Property History

Jul 14, 2026
Listed for sale
$875,000
Property Overview
Beds 3
Baths 1.5
Sq. Ft. 1,248
Stories 2
Year Built 1975
Property Type Condominium
Subdivision Tahoe Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-30-530-006
Parking
Total Parking 1
Parking Features Additional Parking
Exterior & Lot
Exterior Features Balcony
Lot Features Gentle Sloping, Level
View Mountain(s), Trees/Woods
Roof Composition, Shingle
Foundation Slab
Utilities & Systems
Heating Wall Furnace
Financial
Annual Tax $2,436
HOA Fee $6,642 / Annually
HOA / Community Tahoe Village
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Clubhouse, Shuttle Service, 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 — 315 Olympic Court # 6, Stateline

Est. Annual Revenue
$39,315
Avg Nightly Rate
$206
Projected Occupancy
52.4%
Cap Rate
1.8%
Structural Score: 49 / 100 (Standard) · 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
Parcel Size
869 sq ft
Existing Coverage
869 sq ft · 100%
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% ($175,000)
Home price
$875,000
Loan details
30-yr fixed, 6.5%
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