$699,900 Active
385 Andria Drive
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
·
2.5 Baths
·
1,936 Sq Ft

About This Property

Opportunity awaits with this 3-bedroom, 2.5-bath home full of potential and ready for its next chapter. With a little vision and some updates, this property offers the chance to create something truly your own. Whether you're an investor looking for your next flip, a buyer ready to build some sweat equity, or someone searching for a home you can personalize over time, this could be the perfect fit. Bring your ideas, roll up your sleeves, and take advantage of the opportunity to transform this home into something special. Property to be sold in as-is condition.

Listed by Rebecca Smith — RidgeNV, LLC

Listing Details

Status Active
MLS # 260011946
Days on Market 5
Price/Sq Ft $362

Property History

Sep 16, 2026
Listed for sale
$699,900
Property Overview
Beds 3
Baths 2.5
Sq. Ft. 1,936
Lot Size 0.42 acres
Stories 1
Year Built 1962
Property Type Single Family Residence
Subdivision Kingsbury Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-18-310-026
Parking
Garage Spaces 2
Total Parking 2
Parking Features Attached, Garage
Attached Garage Yes
Exterior & Lot
Exterior Features None
Lot Features Level
Roof Composition
Foundation Crawl Space
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,346
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

Yellow Zone
STRUCTURAL SCORE Standard
49
PROJECTED GROSS ANNUAL REVENUE
$30K – $70K typically ~$40,000
~$3,333 per month
Avg Nightly
$225
Occupancy
49%
Cap Rate
2.3%

STR Investment Summary — 385 Andria Drive, Stateline

Est. Gross Annual Revenue
$30K – $70K
typically ~$40,000
Avg Nightly Rate
$225
Projected Occupancy
48.7%
Cap Rate
2.3%
Structural Score: 49 / 100 (Standard) · 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
3,815 sq ft covered of 180 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
17,974 sq ft
Allowed Coverage
180 sq ft · 1%
Existing Coverage
3,815 sq ft · 21%
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 ↗

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% ($139,980)
Home price
$699,900
Loan details
30-yr fixed, 6.5%
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