$249,000 Active
716 Tina Court
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.

About This Property

See some of the most stunning Tahoe views of Summit Village! 716 Tina (Also known as 711 Gary Ln) offers a rare opportunity to develop land zoned for a 6 Plex in the highly desirable Summit Village HOA community in Stateline, NV. This versatile property also holds the potential for smaller 4 or even 2 plex options (consult HOA), offering some flexibility for various development. Perched at the top of a hill, this land provides prime views of Lake Tahoe, making it an exceptional location for building. Located just moments from Heavenly Resort, with quick access to chair lifts, the property is perfectly positioned for both recreation and breathtaking vistas. While the property does not currently have coverage through TRPA, the organization has informed that coverage is available for purchase, offering future development potential. This is an unparalleled opportunity to build in a central, highly desirable location with spectacular views.

Listed by Jared English — Congress Realty, INC.

Listing Details

Status Active
MLS # 250057027
Days on Market 234

Property History

Oct 14, 2025
Listed for sale
$249,000
Property Overview
Lot Size 0.10 acres
Property Type Land
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-068
Exterior & Lot
Lot Features Sloped Down
View Mountain(s), Ski Resort, Trees/Woods
Utilities & Systems
Water Source Lake Tahoe
Financial
Annual Tax $1,359
HOA / Community Summit Village
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
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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%

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% ($49,800)
Home price
$249,000
Loan details
30-yr fixed, 6.5%
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Murat Gocmen
Murat Gocmen
Managing Broker
CA DRE# 02235314 NV B.1003327.LLC
(530) 317-0373

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