$1,999,999 Closed
364 Terrace View Drive
Stateline, NV 89449
SOLD 2026-08-31
Sold for $1,900,000 (listed at $1,999,999)
4 Beds
·
5.0 Baths
·
2,973 Sq Ft

About This Property

OWNER FINANCING MAKES YOUR TAHOE DREAM POSSIBLE! Skip the bank. Zero closing costs and owner financing with 40% down. Rare in Tahoe, it means fast close, easy qualification, and thousands in savings. Move-in ready. With mountain, forest and a filtered lake view, this freshly updated two-story home delivers space and quiet, yet is close to the ski slopes. New flooring and fresh painting throughout. 4 bedrooms, 5 bathrooms, two living areas, open kitchen, 2 flex rooms - set them up as home offices, a study, a small theater, even as a private gym. Drought-conscious lavender field adds character while keeping water use low. Fenced back yard. Three heat sources: central heating with backup gas and wood fireplaces mean you'll never be cold. Laundry room with washer/dryer. Generous backyard under porch storage. Large, finished 3 car garage. Located in a quiet neighborhood with walking and biking trails, the school bus stops directly in front of the house. The lifts for the Heavenly Mountain Ski Resort are only 7 minutes away. With no HOA, zero state income taxes, and owner financing, what could be better?

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Closed
MLS # 260008499
Sold Date 2026-08-31
Sold Price $1,900,000
Price/Sq Ft $673

Property History

Jul 02, 2026
Listed for sale
$1,999,999
Aug 01, 2026
Pending
$1,999,999
Sep 01, 2026
Sold
$1,900,000

Sale History · changed hands 2×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Oct 2003 · county record $547,500 Deed record — brokerage sides not reported
Aug 2026 · this listing $1,900,000 (+247%) Jared EnglishCongress Realty, INC. Ashley PetticreweXp Realty

MLS closed sales, with duplicate ingestions collapsed and lease records excluded, so each row is a distinct transaction. Rows marked county record come from the assessor's deed data, which reaches back further than the MLS feed; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 4
Baths 5.0
Sq. Ft. 2,973
Lot Size 0.27 acres
Stories 2
Year Built 1976
Property Type Single Family Residence
Subdivision Terrace View Heights
County Douglas
STR Jurisdiction Douglas County
APN 1318-23-510-008
Parking
Garage Spaces 3
Total Parking 7
Parking Features Additional Parking, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features Balcony
Lot Features Corner Lot
View Mountain(s), Trees/Woods
Construction Frame
Roof Asphalt
Foundation Crawl Space, Slab
Utilities & Systems
Heating Forced Air
Financial
Annual Tax $5,068
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12

STR Investment Summary — 364 Terrace View Drive, Stateline

Est. Gross Annual Revenue
$50K – $90K
typically ~$70,000
Avg Nightly Rate
$400
Projected Occupancy
47.9%
Cap Rate
1.4%
Structural Score: 69 / 100 (Premium) · STR Zone: Yellow

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

Over coverage limit
3,826 sq ft covered of 2,388 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
11,948 sq ft
Allowed Coverage
2,388 sq ft · 20%
Existing Coverage
3,826 sq ft · 32%
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. 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 ↗
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