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About This Property
Discover a rare opportunity to own a completely renovated single-level luxury home in the heart of the prestigious Middle Kingsbury Palisades neighborhood—an enclave cherished for its privacy, natural beauty, and unbeatable access to world-class recreation. Situated on a flat, easily accessible lot, this fully updated residence blends mountain charm with refined modern living and is being offered with a fully furnished great room, making it truly turnkey for personal enjoyment or as a high-yield investment property. Step inside to a stunning open-concept living space where the great room creates a warm and inviting atmosphere, ideal for both entertaining and everyday living. Anchored by a cozy fireplace—capable of both gas and wood-burning use—this gathering space is tastefully styled and comes furnished, allowing buyers or investors to move right in or list it immediately for vacation rental income. The adjacent chef-inspired kitchen is a showpiece, featuring crisp white shaker cabinetry, quartz countertops, and premium Samsung stainless steel appliances. Thoughtful lighting upgrades, including sleek LED fixtures throughout, enhance the home's fresh, modern feel, while solid craftsman-style doors and contemporary finishes add a sense of timeless quality. Beyond the interiors, the home's rear yard is a private, peaceful oasis. A newly installed paver patio overlooks the tranquil Edgewood Creek just a few steps away, offering a serene setting for morning coffee or après-ski relaxation. The backyard is fully fenced—ideal for pets or privacy—and includes a 220V outlet, pre-plumbed for a hot tub, allowing future owners to add one of the most sought-after luxury amenities with ease. The home's exterior improvements are just as impressive: fresh paint, modern garage doors with horizontal glass panels, a long-lasting 50-year composition shingle roof, and a paver driveway bordered by a dramatic boulder retaining wall all contribute to the property's elevated curb appeal. Systems and infrastructure have not been overlooked either—this home features a new high-efficiency hydronic boiler for radiant heating, a radon mitigation system, and fully modernized utility elements to ensure comfort and safety. Beyond the property line, the location is second to none. This home is positioned directly along the historic Pony Express Trail and just a short distance from the Tahoe Rim Trail and Van Sickle Loop—offering hiking, biking, and exploration right out the front door. In winter, ski enthusiasts will revel in the ability to ski from Heavenly's Palisades directly to the home, while Stagecoach and Boulder Lodges are less than four miles away. In summer, Lake Tahoe's shoreline and beaches are within easy reach, along with premier golfing at Edgewood and dining and entertainment in the Stateline corridor just two miles down the hill. Whether you're seeking a full-time mountain residence, a luxurious second home, or a high-performing investment property with short-term rental potential, this Kingsbury Palisades gem checks every box. From its thoughtful upgrades and designer touches to its prime location and unmatched outdoor access, this home offers a lifestyle investment that continues to grow in value. Legal Disclaimer: Property photos may include digital enhancements and/or virtual staging. Actual property condition may differ.
Listing Details
Property History
Sale History · changed hands 2×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Apr 2024 | $715,000 | Craig ZagerColdwell Banker Select ZC | Craig ZagerColdwell Banker Select ZC |
| Jan 2026 · this listing | $1,140,000 (+59%) | Craig ZagerColdwell Banker Select ZC | Michael WondkaChase International - ZC |
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.
STR Investment Summary — 421 Edgewood Drive, Stateline
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
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 ↗ How the Basin comparesHome Insurance Estimate
Standard homeowners policy for this home
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