$840,000
349 Maryanne Drive
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.
4 Beds
·
4.0 Baths
·
2,240 Sq Ft

About This Property

Investor alert! Three units in this Tahoe style cabin located on a serene and wooded .61-acre lot that borders USFS land. Upstairs unit is three bedrooms, two baths, laundry room with tile kitchen & new electric stove. The living room features beautiful, vaulted open wood beam ceilings & wood stove. There is a new back deck in a totally private setting overlooking the serene forest. The lower unit features one bedroom, one bath, full kitchen and stackable washer/dryer in closet. The kitchen has a gas stove, nice cabinets, tile counters. The bath has a jetted tub/shower, with a river rock wall and window. Each unit has its own thermostat for heating control. There is no access between the two units. There is also an unpermitted guest unit located on left side of home, behind the garage that has a small kitchen, bath and loft area for a bedroom, and lots of storage space. There is a two-car garage, but no access to inside the home. Right side garage has a utility room with furnace and water heater. The home is surrounded by USFS land, with a storage shed on left side of home, and a private side patio area on right side of home. Only a few minutes to Heavenly Valley Ski Resort, and miles of all the outdoor activities Lake Tahoe has to offer! Located in a very private setting, with perfect southwest sun exposure. With some work, this property could be a diamond in the rough, as it does have some deferred maintenance, and is being sold in its "AS-IS" condition. OWNER FINANCING available with 500,000+ down, 6 percent interest only for up to two years.

Listed by Michael Wondka — Chase International - ZC

Listing Details

Status Active
MLS # 250056372
Days on Market 167
Price/Sq Ft $375

Property History

Sep 26, 2025
Listed for sale
$840,000
Property Overview
Beds 4
Baths 4.0
Sq. Ft. 2,240
Lot Size 0.61 acres
Stories 2
Year Built 1978
Property Type Single Family Residence
Subdivision Kingsbury Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-18-312-012
Parking
Garage Spaces 2
Total Parking 4
Parking Features Additional Parking, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Sloped Up, Wooded
View Mountain(s), Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Financial
Annual Tax $2,792
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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 — 349 Maryanne Drive, Stateline

Est. Annual Revenue
$52,497
Avg Nightly Rate
$518
Projected Occupancy
28.3%
Cap Rate
2.5%
Structural Score: 63 / 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% ($168,000)
Home price
$840,000
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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