About This Property
Welcome to 718 B Kingsbury Grade where mountain living meets modern comfort, all with the added advantage of Nevada tax benefits. This beautifully updated 2-bedroom, 2-bathroom townhouse offers a rare opportunity in the Kingsbury area, complete with a highly sought after 2-car garage; an uncommon and incredibly valuable feature for townhome living here. Located off Kingsbury Grade, this special property offers easy access to all Tahoe has to offer. Inside, the open concept design creates an inviting space perfect for both everyday living and entertaining. The remodeled kitchen features a spacious island with seating, seamlessly flowing into the living area anchored by a cozy gas fireplace. Thoughtful updates throughout give the home a fresh, turnkey feel. The primary suite is a true retreat, featuring a walk-in closet with built-ins and a well-appointed en-suite bathroom. A dedicated laundry room adds convenience, while the semi-finished basement provides flexible space ideal for a workshop, gear storage, and additional organization; perfect for Tahoe's active lifestyle. Recent improvements include a newer roof (2018) and freshly stained exterior (2025), offering peace of mind and curb appeal. With a low HOA and close proximity to world-class skiing, hiking, and Lake Tahoe, this property delivers both comfort and location. Whether you're looking for a full-time residence, vacation escape, or investment, this Kingsbury gem checks all the boxes.
Listing Details
Property History
Sale History · changed hands 1×
| Sold | Price | Listing agent (sell side) | Buyer agent (buy side) |
|---|---|---|---|
| Mar 2022 · county record | $725,000 | 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.
STR Investment Analysis
Permitted ZoneSTR Investment Summary — 718 Kingsbury Grade Road #B, Stateline
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
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 ↗Cost Segregation Tax Savings
Estimated first-year bonus depreciation savings
