$200,000 Active
722 Gary Lane
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.

About This Property

This lot located within Summit Village Planned Unit Development and Tahoe Regional Planning district. Build your second home or investment duplex within this planned unit development. Summit Village dues include refuse dumpsters and snow removal on Gary Lane. Charter spectrum high speed internet, NV Energy electric and Southwest natural gas are all available in this location. Area surrounding allowable building foot print envelope size is Summit Village common area subject to CCRs, rules & regs., etc...

Listed by Susan Wilson — Sierra Tahoe Real Estate

Listing Details

Status Active
MLS # 240007931
Days on Market 811

Property History

Jun 24, 2024
Listed for sale
$200,000
Property Overview
Lot Size 0.06 acres
Property Type Land
Subdivision Summit Village
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-212-010
Exterior & Lot
Lot Features Level, Sloped Down
View Mountain(s), Trees/Woods
Financial
Annual Tax $1,177
HOA Fee $1,485 / Annually
Schools
Elementary School Zephyr Cove
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 GROSS ANNUAL REVENUE
$118K – $167K typically ~$142,500
~$11,875 per month
Avg Nightly
$485
Occupancy
68%
Cap Rate
5.2%

Land Coverage (TRPA)

Tahoe Regional Planning Agency impervious-coverage budget for this parcel

Room to build
0 sq ft covered of 25 sq ft allowed
25 sq ft of coverage still available to add.
Parcel Size
2,519 sq ft
Allowed Coverage
25 sq ft · 1%
Existing Coverage
0 sq ft
Addable Coverage
25 sq ft
IPES Score
786.0
Land Capability · TRPA-verified
IPES

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

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% ($40,000)
Home price
$200,000
Loan details
30-yr fixed, 6.5%
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