$424,900 Active
701 Gary Lane # A
Stateline, NV 89449
⚠ No New VHR Permits — Upper Kingsbury - Multi Family at Cap
All 38 of Upper Kingsbury - Multi Family's vacation-rental permits are issued (county data, Sep 26, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.
1 Beds
·
1.0 Baths
·
580 Sq Ft
Virtual Tour

About This Property

What if your Tahoe home gave you more time to enjoy Tahoe? 701 Gary Lane, Unit A offers a thoughtfully updated mountain retreat designed around ease, comfort, and the experiences that make this place special. Inside, a renovated kitchen with custom cabinetry and floating shelves, an updated bath, fireplace, walk-in closet, in-unit laundry, and additional under-unit storage create a home that feels both efficient and complete. The setting balances wooded surroundings with a more open connection to the mountain landscape, creating a sense of calm without feeling closed in. It's easy to imagine mornings that begin slowly with coffee, full days spent skiing, hiking, exploring the lake, or enjoying the South Shore, and evenings that end back home with the fire on and the gear put away. At 580 square feet, the home is intentionally compact, offering less to manage and more freedom to enjoy the lifestyle that brought you to Tahoe in the first place. Whether you're looking for a full-time mountain base or a place to return to throughout the seasons, this is a home that makes Tahoe feel easier to live. Come experience what it feels like to have more Tahoe and less to manage.

Listed by Megan Hixon — Compass

Listing Details

Status Active
MLS # 260012497
Price/Sq Ft $733

Property History

Sep 29, 2026
Listed for sale
$424,900

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
Sep 2024 · county record $390,000 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; rows marked via a listing site fill the years the feed misses using that site's public sale record.

Property Overview
Beds 1
Baths 1.0
Sq. Ft. 580
Lot Size 0.03 acres
Stories 1
Year Built 1968
Property Type Condominium
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-038
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Sloped Up
View Mountain(s), Trees/Woods
Roof Composition, Pitched, Shingle
Foundation Crawl Space
Utilities & Systems
Heating Electric, Natural Gas, Wall Furnace
Financial
Annual Tax $1,053
HOA Fee $1,350 / Annually
HOA / Community Summit Village HOA
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
HOA & Community
Community Amenities Parking
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STR Investment Analysis

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

STR Investment Analysis

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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Avg Nightly
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Occupancy
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Cap Rate
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Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Over coverage limit
642 sq ft covered of 12 sq ft allowed
This parcel exceeds its TRPA coverage allowance. New building typically requires removing existing coverage or acquiring transferable coverage rights.
Parcel Size
1,214 sq ft
Allowed Coverage
12 sq ft · 1%
Existing Coverage
642 sq ft · 53%
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 ↗ How the Basin compares

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

$2,412 per month
Principal & interest
$2,149/mo
Property taxes
$88/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$112/mo
From MLS listing data.
Home insurance
$63/mo
Estimated ~$600–$900/yr — get a local broker quote for accuracy.
Down payment
20% ($84,980)
Home price
$424,900
Loan details
30-yr fixed, 6.5%
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