$149,999 $349,000 ↓ $199,001 reduced Active
716 Tina Court
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, Oct 1, 2026). New applicants join Douglas County's waitlist, and permits don't transfer with a sale.

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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 361

Property History

Oct 14, 2025
Listed for sale
$349,000
Jul 16, 2026
Price reduced
$198,000 $229,000 ↓ $31,000
Aug 19, 2026
Price reduced
$189,999 $198,000 ↓ $8,001
Oct 02, 2026
Price reduced
$174,999 $189,999 ↓ $15,000
Oct 07, 2026
Price reduced
$149,999 $174,999 ↓ $25,000
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

STR analysis
STRUCTURAL SCORE —
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PROJECTED GROSS ANNUAL REVENUE
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~— per month
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

Room to build
0 sq ft covered of 41 sq ft allowed
41 sq ft of coverage still available to add.
Parcel Size
4,127 sq ft
Allowed Coverage
41 sq ft · 1%
Existing Coverage
0 sq ft
Addable Coverage
41 sq ft

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

$871 per month
Principal & interest
$758/mo
Property taxes
$113/mo
The seller's current bill, from the MLS: a Nevada bill doesn't reset when a home sells.
HOA dues
$0/mo
From MLS listing data.
Home insurance
$0/mo
Land — no home to insure, so no insurance estimate.
Down payment
20% ($30,000)
Home price
$149,999
Loan details
30-yr fixed, 6.5%
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