$858,000 $898,000 ↓ $40,000 reduced Active
7 Katherine Court
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.
2 Beds
·
2.0 Baths
·
1,483 Sq Ft

About This Property

Experience the best of the Lake Tahoe lifestyle from this exceptional Kingsbury Pines townhome, ideally located in the heart of Stateline, Nevada. Completely rebuilt from the studs, this extensively reimagined 2-bedroom plus loft, 2-bath residence offers thoughtfully designed living space, combining exceptional craftsmanship, luxury finishes, and the tax advantages of Nevada ownership. Every detail was carefully considered during the renovation, including upgraded soundproofing throughout, creating a remarkably quiet and comfortable living environment. The chef's kitchen is beautifully appointed with top-of-the-line Thermador appliances, including a professional gas range with griddle, wall hood, and built-in coffee system. Chiseled-edge granite countertops and backsplash, extensive custom oak cabinetry, hardwood flooring, and designer lighting create a space that is as functional as it is beautiful. The dramatic great room features soaring vaulted beam ceilings, a marble-surround gas fireplace, and an upper loft ideal for a home office, media room, or additional guest accommodations. Built-in speakers, a subwoofer, recessed lighting, and a Lutron GRAFIK Eye lighting system allow you to create the perfect atmosphere for entertaining or relaxing. The primary suite offers a true spa experience with a custom agate vessel sink, granite countertops, and a glass-enclosed SteamSpa® steam shower finished with granite walls and a built-in bench. Throughout the home you'll find artisan wrought-iron railings, designer ceiling fans, custom textured walls, premium finishes, and exceptional attention to detail. Modern conveniences include a Schlage electronic keypad entry, Honeywell programmable thermostat, efficient split-system heating and air conditioning, LG ThinQ® washer and dryer, and all wall-mounted televisions and electronics, which are included with the sale. French doors open to a spacious southwest-facing Trex® deck designed for year-round enjoyment. Plumbed for a gas barbecue, this private outdoor living area is the perfect setting for dining, entertaining, or simply relaxing in the afternoon sun. The two-car garage features durable epoxy flooring and an expansive storage loft, providing abundant space for vehicles, skis, bikes, and all your Tahoe gear. Ideally situated just minutes from Heavenly's Boulder and Stagecoach lodges, Lake Tahoe, Edgewood Golf Course, Nevada Beach, world-class hiking and biking trails, casinos, restaurants, and shopping, this remarkable property offers the perfect combination of luxury, convenience, and year-round recreation. More than a beautifully renovated residence, it is an opportunity to own one of the finest townhomes in Kingsbury Pines and enjoy everything that makes Lake Tahoe one of the West's premier mountain destinations.

Listed by Craig Zager — Coldwell Banker Select ZC

Listing Details

Status Active
MLS # 260008625
Days on Market 45
Price/Sq Ft $579

Property History

Jul 07, 2026
Listed for sale
$898,000
Aug 20, 2026
Price reduced
$858,000 $898,000 ↓ $40,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2007 · county record $550,000 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.

Property Overview
Beds 2
Baths 2.0
Sq. Ft. 1,483
Lot Size 0.02 acres
Stories 3
Year Built 1979
Property Type Townhouse
Subdivision Kingsbury Pine
County Douglas
STR Jurisdiction Douglas County
APN 1318-24-410-007
Parking
Garage Spaces 2
Total Parking 4
Parking Features Garage, Garage Door Opener
Attached Garage Yes
Exterior & Lot
Exterior Features Rain Gutters
Lot Features Sloped Up
View Trees/Woods
Roof Composition, Pitched
Foundation Crawl Space, Full Perimeter, Pillar/Post/Pier
Utilities & Systems
Heating Fireplace(s), Forced Air, Natural Gas
Cooling Central Air
Financial
Annual Tax $3,315
HOA Fee $515 / Monthly
HOA / Community Kingsbury Pines
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities None
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STR Investment Analysis

See projected rental revenue, occupancy rates, and investment scores.

STR Investment Analysis

Yellow Zone
STRUCTURAL SCORE Premium
70
PROJECTED GROSS ANNUAL REVENUE
$27K – $55K typically ~$37,913
~$3,159 per month
Avg Nightly
$191
Occupancy
54%
Cap Rate
1.8%

STR Investment Summary — 7 Katherine Court, Stateline

Est. Gross Annual Revenue
$27K – $55K
typically ~$37,913
Avg Nightly Rate
$191
Projected Occupancy
54.2%
Cap Rate
1.8%
Structural Score: 70 / 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
804 sq ft covered of 9 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
891 sq ft
Allowed Coverage
9 sq ft · 1%
Existing Coverage
804 sq ft · 90%
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% ($171,600)
Home price
$858,000
Loan details
30-yr fixed, 6.5%
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