$1,290,000 Active
692 Kingsbury Grade Road
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.
5 Beds
·
4.0 Baths
·
2,793 Sq Ft

About This Property

Priced to sell this Weekend! Your Year-Round Mountain Retreat Awaits! Welcome to a one-of-a-kind 5-bedroom, 3 full bath, 2 half bath mountain getaway perfectly designed for fun, relaxation, and unforgettable memories. Just minutes from Heavenly Ski Resort's Boulder and Stagecoach Lodges — and a short drive to the casinos — this home is the ultimate blend of adventure and comfort. Step inside and discover a unique split-level layout that offers exceptional privacy for guests and family alike. Enjoy two luxurious bathtub jacuzzis, a steam shower, and a 7-8 person hot tub under the stars. The chef's kitchen features a gas stove, while the spacious living and game areas are perfect for entertaining — complete with a pool table, foosball table, and plenty of room for everyone to gather. Outside, you'll find a large outdoor entertaining area with a cozy gas fire pit, ideal for après-ski evenings or summer nights with friends. The backyard even boasts its own sledding hill — a hit with kids and adults alike! And yes — this home is both kid- and pet-friendly. Whether you're seeking a full-time residence, vacation retreat, or income-producing rental, this property offers it all — location, amenities, and a lifestyle you'll never want to leave.

Listed by Paul Windt — eXp Realty

Listing Details

Status Active
MLS # 250054298
Days on Market 272
Price/Sq Ft $462

Property History

Aug 09, 2025
Listed for sale
$1,290,000
Property Overview
Beds 5
Baths 4.0
Sq. Ft. 2,793
Lot Size 0.59 acres
Stories 2
Year Built 1961
Property Type Single Family Residence
Subdivision Kingsbury Estates
County Douglas
STR Jurisdiction Douglas County
APN 1319-19-310-002
Parking
Garage Spaces 3
Total Parking 10
Parking Features Attached, Garage, RV Access/Parking
Attached Garage Yes
Exterior & Lot
Exterior Features Fire Pit
Lot Features Gentle Sloping, Level, Wooded
Roof Pitched, Shingle
Foundation Slab
Utilities & Systems
Heating Baseboard, Fireplace(s)
Financial
Annual Tax $3,066
Schools
Elementary School Zephyr Cove
Middle School Whittell High School - Grades 7 + 8
High School Whittell - Grades 9-12
📊

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%

STR Investment Summary — 692 Kingsbury Grade Road, Stateline

Est. Annual Revenue
$73,428
Avg Nightly Rate
$791
Projected Occupancy
25.2%
Cap Rate
2.3%
Structural Score: 53 / 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% ($258,000)
Home price
$1,290,000
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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