$899,000 Active
706 Gary Lane #B or 2
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
·
4.0 Baths
·
1,684 Sq Ft

About This Property

Experience the best of Tahoe living in this home featuring a thoughtfully designed interior by Bob Ostrow, blending Scandinavian design with an inviting knotty pine finish that brings warmth and character throughout. The interior is further enhanced by uniquely designed storage solutions that maximize both function and style. Perfectly situated just 5 minutes from Heavenly and the Tahoe Rim Trail and a short drive to the lively casino scene. This Home offers both adventure and convenience. With an unbeatable location, this property is your ideal mountain escape.

Listed by Scott Roberts — Chase International - ZC

Listing Details

Status Active
MLS # 260005113
Days on Market 91
Price/Sq Ft $534

Property History

Apr 27, 2026
Listed for sale
$899,000

Sale History · changed hands 1×

Sold Price Listing agent (sell side) Buyer agent (buy side)
May 2021 · county record $830,000 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 3
Baths 4.0
Sq. Ft. 1,684
Lot Size 0.03 acres
Stories 2
Year Built 1979
Property Type Condominium
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-004
Parking
Parking Features None
Exterior & Lot
Exterior Features None
Lot Features Common Area, Cul-De-Sac, Sloped Down
View Trees/Woods
Construction Insulation - Batts
Roof Composition, Pitched, Shingle
Foundation Brick/Mortar
Utilities & Systems
Heating Forced Air, Natural Gas
Financial
Annual Tax $2,332
HOA Fee $1,581 / 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 Landscaping, Management
📊

STR Investment Analysis

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

STR Investment Analysis

Permitted Zone
STRUCTURAL SCORE Excellent
87
PROJECTED ANNUAL REVENUE
$142,500 ($118K – $167K range)
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

STR Investment Summary — 706 Gary Lane #B or 2, Stateline

Est. Annual Revenue
$36,135
Avg Nightly Rate
$197
Projected Occupancy
50.1%
Cap Rate
1.6%
Structural Score: 46 / 100 (Standard) · STR Zone: Yellow

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

Over coverage limit
1,248 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
1,248 sq ft
Allowed Coverage
12 sq ft · 1%
Existing Coverage
1,248 sq ft · 100%
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. Figures come from TRPA's public parcel data and are estimates; verify before relying on them for a build or purchase.

Verify on Tahoe Info ↗

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% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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