About This Property
Experience refined mountain luxury at 396 Sherwood Drive, a fully renovated 5-bedroom, 5-bathroom residence spanning 4,600 square feet in the prestigious Mid-Kingsbury neighborhood. Perfectly positioned to capture unobstructed, panoramic views of Lake Tahoe, this exceptional home blends contemporary elegance with timeless alpine warmth. At the heart of the home, a designer chef's kitchen showcases a grand island overlooking the lake, ideal for both elevated entertaining and relaxed family living. Expansive open-concept living and dining areas flow seamlessly to a spectacular 1,500-square-foot lakeview deck, offering the ultimate in indoor-outdoor living and breathtaking sunset panoramas. The home features two spacious living rooms—one designed to take full advantage of the lake views, the other offering a cozy, private retreat perfect for movie nights or gatherings. Every detail reflects thoughtful craftsmanship and modern sophistication throughout. An oversized two-car garage provides ample storage for vehicles and Tahoe toys, while multiple en suite bedrooms ensure comfort and privacy for family and guests alike. Ideally located just 3 miles from the Nevada side of Heavenly Ski Resort and 2 miles from the casinos and South Lake Tahoe's vibrant nightlife and dining, this home offers both tranquility and convenience. Discover privacy, elegance, and awe-inspiring natural beauty from one of Kingsbury's most desirable addresses. At 396 Sherwood Drive, every day feels like a private retreat above the crystal waters of Lake Tahoe.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Aug 2020 · county record | $1,520,000 | Deed record — brokerage sides not reported | |
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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 396 Sherwood Drive, Stateline
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
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
