$899,000
Active
706 Gary Lane #B or 2
Stateline, NV 89449
✓ STR Allowed — Permit Required
Douglas County NV STR permit required. Check HOA rules — 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
Price/Sq Ft
$534
Property History
Apr 27, 2026
Listed for sale
$899,000
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
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
$40,365
Avg Nightly Rate
$379
Projected Occupancy
30.5%
Cap Rate
1.8%
Structural Score: 46 / 100 (Standard)
· STR Zone: Yellow
Based on comparable vacation rental performance data for Stateline. Revenue projections are estimates and may vary.
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
Home insurance
$0
Estimate only — wildfire zone rates vary. Contact a local broker for an accurate quote.
Down payment
20% ($179,800)
Home price
$899,000
Loan details
30-yr fixed, 6.5%
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